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Mergers & Acquisitions

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Deal Overview

Buyer:
1347 Property Insurance Holdings, Inc.
Actual Acquirer:
1347 Property Insurance Holdings, Inc.
Target:
ClaimCor, LLC
Deal Type:
Financial Technology Company
Agreement Date:
12/11/2014
Announcement Date:
12/11/2014
Announced Deal Value ($ M):
0.32
Announced Deal Value, As Reported ($ M)
NA
Status:
Completed
Completion Date:
1/1/2015
Announced Deal Value Per Share ($ )
NA

Consideration Breakout
Cash ($M) 0.3

Deal Terms
Description of Consideration

1347 Property Insurance Holdings Inc. paid $323.0 thousand in cash to acquire ClaimCor LLC.

Percent Acquired (%) 100.00
Purchase Method Acquisition
Merger of Equals? No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA