has been acquired by
EasyCare is a provider of extended vehicle service contracts and warranties.
Senior Team
APCO/Easy Care
Type
M&A Buy-Side
Description
Croft & Bender was hired to assist in choosing an equity partner and to negotiate management's equity package.
has been acquired by
EasyCare is a provider of extended vehicle service contracts and warranties.
About
Automobile Protection Corporation (APCO), d.b.a. EasyCare, is a leading marketer and administrator of extended vehicle service contracts and warranties sold by automobile OEMs as well as automobile and recreational vehicle dealers located throughout the United States and Canada.
Situation
Management approached Croft & Bender to assist the management team in its buyout of APCO from Ford Motor Company. Croft & Bender was hired to assist in choosing an equity partner and to negotiate management's equity package.
Result
Croft & Bender successfully assisted the management team of APCO in completing the purchase of 100% of the company from Ford Motor Company.