Parties
Company
Beneva Group
Company
Sym-Tech Dealer Services
On January 6, 2023, Sym-Tech Dealer Services, a subsidiary of Amynta Group, has completed the previously announced acquisition of SSQ Dealer Services’ distribution business from Beneva Group, the largest insurance mutual in Canada.
SSQ Dealer Services provides automotive protection products and services to an extensive network of dealers throughout Quebec.
Beneva will remain the credit and replacement insurer for SSQ Dealer Services, which will be rebranded to Sym-Tech Dealer Services.
Deal Type
Merger & AcquisitionIndustry
Banking/FinanceTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
06 January 2023