In addition to KPA’s EHS software and onsite audit expertise, KPA also provides HR management software which will enhance Succeed’s Risk Management Center, providing additional hiring and workforce compliance content. Succeed represents a highly complementary acquisition for KPA that enhances KPA’s existing environmental, health and safety software offering, provides entry into the attractive, growing insurance channel, and broadens the set of compliance solutions available to clients of both companies. “The new partnership with KPA and CIVC gives us additional capital and a broader set of products and services, enabling us to better serve our clients and further accelerate our growth,” said Curt Shaw, CEO of Succeed. Thousands of organizations use the Succeed Risk Management Center to implement web-accessible employee safety training and management programs to lower the frequency and severity of claims. Succeed serves the majority of the top 100 insurance brokers who utilize its Software-as-a-Service platform to improve risk management, loss control, and compliance results for their policyholders. Succeed represents the third acquisition completed by KPA under CIVC’s ownership. The Certified Professional in Training Management ProgramĬhicago, IL – Decem– CIVC Partners, LP (“CIVC”), a Chicago-based middle market private equity firm, is pleased to announce that its portfolio company, KPA, has acquired Succeed Management Solutions (“Succeed”), a leading provider of web-based risk management and safety software for the insurance market.Over the past 25 years, IAS has built lasting relationships with hundreds of independent agents and thousands of automobile dealers and, under the leadership of Garret and Bob, has become one of the nation’s leading providers of ancillary vehicle finance and insurance products. Scott Schwartz, a Principal with CIVC, commented, “CIVC is delighted to be partnering with Garret Lacour, Bob Corbin, and the entire IAS management team. CIVC’s deep knowledge of the finance and insurance industry was evident during the transaction process and we look forward to working with a true value-added partner as we successfully execute our strategy for growth.” said Garret Lacour, Chief Executive Officer of IAS. For additional information about IAS, visit its website at “We are thrilled to be partnering with a CIVC team that enthusiastically supports our vision for IAS. In addition, IAS offers its dealers one of the leading technology platforms in the industry. The Company’s products are offered through a network of independent agents to automobile dealers in 49 states. IAS markets and administers a full suite of ancillary finance and insurance products, including guaranteed asset protection, tire and wheel coverage, theft deterrent systems, paintless dent repair, and appearance protection systems. Although terms of the transaction were not disclosed, IAS’ Chief Executive Officer Garret Lacour and President Bob Corbin retained ownership positions in the Company and will continue in their current roles. CIVC’s investment will provide additional resources for the continued expansion of the Company, while preserving the superior levels of service that customers have come to expect. and related entities (collectively, “IAS” or the “Company”), a marketer and administrator of ancillary vehicle finance and insurance products headquartered in Austin, Texas. announced that it has teamed with management to complete its acquisition of Innovative Aftermarket Systems, L.P.
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