- McDermott Will & Emery served as legal advisor to Quote.com on the deal
- MTS Health Partners and Bass Berry & Sims served as financial advisor and legal advisor to Ring2Media, respectively
- Quote.com connects insurance shoppers to brands
Quote.com, a portfolio company of Osceola Capital, has acquired Ring2Media, a direct response marketing agency specializing in Medicare enrollment. No financial terms were disclosed.
The acquisition will be consolidated under the Quote.com brand.
On the acquisition, Joel Ohman, CEO of Quote.com, said in a statement: “The addition of Ring2Media’s full-service linear advertising platform will instantly diversify our client portfolio and enable Quote.com to continue to scale across multiple end markets. We look forward to working with Mark and his team on capitalizing on the many strategic opportunities that this acquisition presents.”
McDermott Will & Emery served as legal advisor to Quote.com. MTS Health Partners and Bass Berry & Sims served as financial advisor and legal advisor to Ring2Media, respectively. Capital Southwest Corporation and Plexus Capital provided financing for the acquisition.
Quote.com (formerly 360 Quote) connects insurance shoppers to top brands. They work with insurance carriers, agencies, agents, and their intermediaries to power customer acquisition at scale for Medicare, auto, home, and life insurance across organic search, paid search, social, television, and more.
Headquartered in Tampa, Florida, Osceola Capital is a lower-middle market private equity firm Osceola partners with growing high-quality companies in the business services, healthcare services, tech-enable services, and industrial services space. Target investments include control positions in entrepreneur and family-owned businesses with revenue between $5 million and $75 million or EBITDA between $2 million and $10 million.