Palladium to sell Pronto Insurance to Risk Placement Services
Palladium Equity Partners LLC has agreed to sell Pronto Holdco LLC, the parent company of Pronto Insurance, to Risk Placement Services Inc., a unit of Arthur J. Gallagher & Co. No financial terms were disclosed. William Blair & Company was financial adviser to Pronto on the deal. Pronto is a provider of personal automobile insurance for consumers throughout Texas, California and Florida, with a special focus on serving the Hispanic community.
10 May 2018•3 mins read
