SOBC DARAG Overview
- Year Founded
-
2018
- Status
-
Out of Business
- Latest Deal Type
-
Out of Business
- Financing Rounds
-
2
- Investments
-
3
SOBC DARAG General Information
Description
Provider of legacy insurance services intended for the runoff market. The company specializes in the acquisition and management of discontinued insurance portfolios and entities, enabling insurance companies, captives, and risk retention groups to achieve legal finality and capital relief through loss portfolio transfers, novations, and specialized claims management.
Contact Information
Website
www.sobcdarag.comCorporate Office
- 8200 Beckett Park Drive
- Suite 201
- West Chester, OH 45069
- United States
Corporate Office
- 8200 Beckett Park Drive
- Suite 201
- West Chester, OH 45069
- United States
SOBC DARAG Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
SOBC DARAG Acquisitions (3)
SOBC DARAG’s most recent deal was a Merger/Acquisition with New Mexico Property & Casualty Insurance Guaranty Association. The deal was made on 01-Sep-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| New Mexico Property & Casualty Insurance Guaranty Association | 01-Sep-2019 | Merger/Acquisition | Property and Casualty Insurance | ||
| Innovative Physicians Solutions | 01-Jul-2019 | Merger/Acquisition | Commercial/Professional Insurance | ||
| Peachtree Casualty Insurance | 06-Nov-2018 | Merger/Acquisition | Insurance Brokers |
SOBC DARAG Exits (1)
SOBC DARAG’s most recent exit was on 06-Nov-2018 from Peachtree Casualty Insurance. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Peachtree Casualty Insurance | 06-Nov-2018 | Completed |
|
SOBC DARAG Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| New Mexico Property & Casualty Insurance Guaranty Association | Albuquerque, NM | 1984 |
SOBC DARAG FAQs
-
When was SOBC DARAG founded?
SOBC DARAG was founded in 2018.
-
Where is SOBC DARAG headquartered?
SOBC DARAG is headquartered in West Chester, OH.
-
What industry is SOBC DARAG in?
SOBC DARAG’s primary industry is Commercial/Professional Insurance.
-
Is SOBC DARAG a private or public company?
SOBC DARAG is a Private company.
-
What is SOBC DARAG’s current revenue?
The current revenue for SOBC DARAG is .
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