March 2, 2015
Croft & Bender Serves as Financial Advisor to Buyers Protection Group in its Sale to Fidelity National FinancialCroft & Bender, an Atlanta-based investment banking and private equity firm, is pleased to announce the successful sale of its client, Buyers Protection Group, Inc. (BPG), to Fidelity National Financial.
Headquartered in Atlanta, Georgia, BPG provides critical consumer-centric services to help real estate professionals, home buyers and home sellers in their real estate transactions. The Company employs a network of professionals and technology to deliver home warranties, home inspections, commercial and multi-family inspections, natural hazard disclosures and environmental services in more than 30 major metropolitan markets. The Company maintains dual operations centers in Burbank, California and Atlanta, Georgia.
Croft & Bender served as the exclusive financial advisor to BPG on the transaction. “Croft & Bender has been a great partner and advisor to BPG since our initial acquisition of the company in 2009. Their experience in negotiating with larger strategic buyers proved critical in executing a transaction that benefitted our shareholders,” said BPG Chief Executive Officer, Revell Fraser.
“Revell Fraser and the rest of the BPG management team did an extraordinary job navigating the company through the recession and building a valuable company and brand that is well-recognized in its markets. We were thankful to be associated with such a great story,” commented Steve Tye, Managing Director at Croft & Bender.