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Asurion

The Deal

Bought By
Kevin Taweel and Jim Ellis
Year
1995
Vehicle
Backed by Housatonic Partners and M2O
Kind
Services

A roadside assistance company bought in 1995 that grew into the North American leader in handset insurance and protection services for the wireless industry, by its earliest backer's account.

What Happened Next

Still held by its buyers three decades on. Their own firm's page says they bought the company in 1995. A backer says it participated in the original acquisition that formed it that year and sold portions of its interest in 2001, 2007 and 2016, and a second backer lists it first in its hall of fame beside both men.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Tom & Dave

Housatonic Partners

M2O

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.