Company Overview

Company name: South Coast Surety Insurance Services
Description: Provider of surety bond products for insurance brokers and direct accounts. The company writes surety contracts, licenses and permits, dishonesty and fidelity, and other bonds for cannabis, construction, insurance, labor, mortgage, and financial lending, motor vehicle dealers, and other related industries.
Year founded: 1995
Parent company: General Indemnity Group
Industry: Financial Services | Group: Insurance | Code:
City: San Clemente
State: California
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Acquired/Merged (Operating Subsidiary)
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period:
Financing Status: The company was acquired by General Indemnity Group, a subsidiary of Boston Omaha (NAS: BOMN), for an undisclosed amount on November 21, 2017. The agreement contains a seller option and a contingent buyer option, for General Indemnity Group to acquire the remaining equity interests in South Coast.
Number of active investors:
Profile last updated: 15-Nov-2018
Last known valuation:
Last known valuation date: