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Buckle Named Winner in M&A Advisor's 15th Annual Turnaround Awards
Buckle's acquisition of Gateway Insurance Company recognized in prestigious Turnaround Awards for Financials Deal of the Year
"The prestigious Turnaround Awards are the benchmark for restructuring excellence, recognizing the year's leading distressed M&A transactions, restructurings, refinancings, turnarounds, and dealmakers,"
Oscar Pinkas (https://www.gtlaw.com/
Also named in the award as part of the Buckle team were Dentons US (https://www.dentons.com/
Buckle announced the acquisition and recapitalization of Gateway, including its 47 state insurance licenses in 2020. Gateway was formerly an indirect subsidiary of Atlas Financial Holdings, Inc. (Atlas), providing auto insurance to the light commercial automobiles market in the U.S.
After acquiring and re-capitalizing Gateway, Buckle began to support Atlas' wholly owned managing general agency (MGA), Anchor Group Management, Inc. (AGMI). In partnership with Atlas, Buckle provides comprehensive, affordable insurance to the commercial auto market, providing protection to taxicab and black car limousine drivers, many of whom drive for Lyft and Uber. Through Gateway, Buckle also writes its signature gig auto insurance product, as well as non-standard auto insurance products through other MGA partnerships.
"Award winners represent the best of the distressed investing and reorganization industry over the past year," said Roger Aguinaldo (https://www.linkedin.com/
Winners were selected from hundreds of nominations by prominent experts in the M&A, finance, and turnaround community.
For more information on M&A Advisor's 15th Annual Turnaround Awards, go to:
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