Independence Pet Group accomplished of its acquisition of Felix Cat Insurance, a pet insurance coverage model for cats.
The deal is topic to customary closing situations, together with varied regulatory approvals, and is predicted to shut within the second half of 2023. IPG plans to make use of the remainder of the yr to develop the model’s strategic plan and establish product and partnership alternatives.
IPG insures greater than 800,000 pets within the U.S. and Canada, together with offering well-being, security, assets, and business companies to the pet business.
Felix Cat Insurance was created and operated by The Connected Pet Company LLC, a multi-brand channel pet advertising and marketing insurance coverage company primarily based in Phoenix, Arizona.
Topics
Mergers & Acquisitions
Arizona
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