SOURCE: Stone Point Capital

April 02, 2007 18:26 ET

Trident IV Announces Completion of Acquisition of Automobile Protection Corporation (APCO) From Ford Motor Company

GREENWICH, CT -- (MARKET WIRE) -- April 2, 2007 -- Trident IV, L.P. (Trident IV), together with senior management of the company, today completed the purchase of 100% of Automobile Protection Corporation (APCO) from Ford Motor Company. Trident IV is a private equity fund managed by Stone Point Capital LLC.

APCO, established in 1984, is a leading marketer and administrator of extended vehicle service contracts and warranties sold by automotive OEMs as well as automobile and recreational vehicle dealers located throughout the United States and Canada. The company markets its products using the EasyCare brand, as well as other private label automobile manufacturer brands, through a network of independent agents that specialize in consulting with and servicing the automotive and RV dealership market.

Stone Point Capital is a global private equity firm that manages the Trident Funds and has raised more than $8 billion in committed capital to make investments in the global insurance and financial services industries.

Contact Information

  • Contact Information:
    Charles A. Davis
    Stone Point Capital LLC
    (203) 862-2900