Milestone Partners Acquires Louisiana's GoAuto
Milestone Partners acquired specialty auto insurance holding company Drive Assurance Holdings LLC ("Drive Assurance") and the related acquisition of
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Milestone Partners acquired specialty auto insurance holding company Drive Assurance Holdings LLC ("Drive Assurance") and the related acquisition of
BATON ROUGE - GoAuto, a Louisiana-based company touting its low-cost insurance and known for its ubiquitous television commercials, has been bought up by an equity firm based out Pennsylvania.
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Milestone Partners has formed specialty auto insurance holding company Drive Assurance and made two acquisitions: GoAuto and its affiliated tech platform Adaptive Information Technologies LLC.
May 26— GoAuto— the low-cost car insurance company based in Baton Rouge best known for its TV commercials featuring its CEO and founder, Greg "the GoAuto Guy" Tramontin— has been acquired by a Pennsylvania private equity firm. Milestone Partners bought GoAuto and its technology platform, Adaptive Information Technologies, through a specialty auto insurance...