Coverdash, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Coverdash is a fully digital business insurance platform, designed to simplify the insurance process for businesses of all sizes. The company enables users to secure comprehensive coverage quickly and easily through a streamlined online platform. By leveraging advanced technology and automation, Coverdash provides tailored insurance solutions that meet the specific needs of small and medium-sized enterprises (SMEs) across various industries. Its mission is to make insurance accessible and easy to manage for entrepreneurs and business owners without the complexity typically associated with insurance processes. Product/Service Line Breakdown: General Liability Insurance - Coverage for bodily injury, property damage, and advertising injury claims made against the business. Professional Liability Insurance - Protects businesses from claims related to errors, omissions, or negligence in professional services. Commercial Property Insurance - Provides protection for physical assets such as buildings, equipment, and inventory against losses from events like fire or theft. Workers' Compensation Insurance - Coverage for medical expenses and lost wages for employees injured on the job. Business Owner's Policy (BOP) - A bundled policy that includes both general liability and property insurance, tailored for small businesses. Cyber Liability Insurance - Protection against data breaches, cyber-attacks, and associated legal or recovery costs.
Keywords
Keywords
Classified
Private