Insurance services company Amynta Group has announced that it has entered into an agreement to acquire American Auto Guardian, Inc. (AAGI), a provider of protection products and services to a network of automotive original equipment manufacturers (OEMs), agents, independent dealers and dealer groups. Terms of the transaction were not disclosed.
AAGI operates through approximately 250 distribution partners and served more than 4,500 dealers across the country. With the acquisition of AAGI, Amynta will serve about 15,000 dealerships in the US and Canada through more than 1,400 agents, protecting more than 5.4 million vehicles. AAGI will continue to operate under the leadership of CEO Tim Brugh and its senior management team, Amynta said.
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