Align Financial Holdings acquires NationsBuilders Insurance Services
Summary
The acquisition of NBIS fits well with Align’s strategy of building a high quality and increasingly diversified underwriting business offering a broad portfolio of specialty P&C programs to an expanding base of customers, brokers and agents. We appreciate the leadership of our Board of Directors led by SunTx Capital Partners over the years, and are excited about the opportunities to further grow and expand our products and services in partnership with Kieran and the team at Align.” Evercore Group LLC served as financial advisor, and Dentons Durham Jones Pinegar P.C. Founded by Kieran Sweeney in 2003 and headquartered in San Diego, California, Align is an insurance holding company that owns and invests in best-in-class specialist general agencies and underwriting management businesses. On August 12, 2021, Align announced an agreement to be acquired by DUAL North America, Inc., the underwriting arm of Howden Group Holdings, which transaction remains subject to completion and regulatory approval. NBIS is the premiere provider of Insurance & Risk Management Solutions for Crane, Rigging, Specialized Transportation, Concrete Pumping and Equipment Dealer/Rental operations in the United States.