Align Acquires Atlanta-Based Underwriting Manager NBIS
Align Financial Holdings, LLC (“Align”), a general agency and specialist program underwriting manager announced that it has acquired Atlanta-based NationsBuilders Insurance Services, Inc. (“NBIS”), an underwriting manager specializing in providing risk management, underwriting and claims handling expertise to the crane & rigging, specialized transportation, concrete pump and equipment rental, and dealer industries. The acquisition of NBIS advances San Diego-based Align’s strategy of building a diversified underwriting business offering a broad portfolio of specialty P&C programs to an expanding base of customers, brokers and agents.
Evercore Group LLC served as financial advisor, and Dentons Durham Jones Pinegar P.C. served as legal counsel to Align. Piper Sandler &. Co. served as financial advisor and Reed Smith LLP served as legal advisor to NBIS.
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