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Equity Risk Partners Leads Insurance Due Diligence for Huron Capital Partners' Acquisition of American Auto Auction Group

Business Services

Company: American Auto Auction Group is a national full-service, dealer-centric re-marketing platform composed of independent auctions. American Auto Auction Group has acquired six auction businesses across the United States and increased its services offering. Over the same period, the number of cars auctioned annually grew from approximately 55,000 to more than 215,000. American Auto Auction Group is headquartered in Charleston, South Carolina.

Investor: Huron Capital Partners is an operationally-focused private equity investor that seeks to grow lower middle-market companies through customized buy-and-build strategies. Huron pursues opportunities where it can help companies reach their full potential by combining its operational approach, capital base, and transaction experience with proven operating executives. Founded in 1999, Huron has raised over $1.1 billion in capital through four committed private equity funds and its portfolio companies have employed over 7,500 people throughout North America.  With offices in Detroit and Toronto, Huron's buy-and-build investment model includes recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies having revenues up to $200 million. Huron's sector focus includes Specialty Manufacturing, Business Services, Consumer Goods & Services, and Healthcare.

Equity Risk Partners is the only global, full service insurance, risk management, and employee benefits brokerage focused exclusively on private equity firms, alternative asset managers, and their portfolio companies. Serving private equity firms since 1994, our professionals have had a meaningful impact on hundreds of deals.

If you would like more information please contact Chris Veber at cveber@equityrisk.com or (312) 980-7856.