Asurion Agrees to Buy CVC-Backed UK Warranty Provider D&G

• Asurion LLC has reached an agreement to acquire Domestic & General Group Ltd., a UK
• This acquisition is a strategic move for Asurion, allowing the company to enhance its service offerings in the UK market and leverage Domestic & General's established presence in warranty services. The deal is expected to bolster Asurion's competitive position in the industry.
• The acquisition reflects a growing trend among companies to consolidate in the warranty and insurance markets, as businesses seek to diversify their portfolios and tap into new customer bases. Asurion's focus on expanding its international reach aligns with broader market dynamics where companies are increasingly looking to enhance their service capabilities through strategic acquisitions.

— via World Pulse Now AI Editorial System