Griffin Advises CopperPoint Mutual Insurance Company in its Acquisition of Pacific Compensation Insurance
Griffin Financial Group was retained to act as financial advisor to CopperPoint Mutual Insurance Company in connection with an opportunity to expand into the California workers’ compensation market. Alleghany Corporation, a NYSE-listed insurance holding company, had decided to sell Pacific Compensation Insurance Company, its California workers’ compensation company.
Griffin provided structuring and valuation assistance to CopperPoint in connection with this transaction, which culminated in the execution of a definitive agreement between CopperPoint Mutual and Alleghany.
For more information on this transaction, contact Jeffrey P. Waldron, Co-Head, Financial Institutions – Insurance, at 610.205.6028.