Fortegra Financial Corp. has purchased the Auto Knight Motor
Club, which provides vehicle service plans and tire and wheel
programs offered by automobile and truck dealerships and
retailers.
The acquisition expands Fortegra’s geographic reach into
Canada, where Auto Knight presents its products through
retailers as a subscription benefit.
The club has its own multi-lingual call center to provide
customer support.
“We are excited about the opportunities that Auto Knight Motor
Club brings to Fortegra, including its ability to serve as a
platform for international growth,” says Richard S. Kahlbaugh,
chairman and CEO.
“We will provide the resources to support Auto Knight’s market
expansion efforts, and Auto Knight will provide new
distribution channels and service capabilities for our existing
motor clubs,” he reports.
“Moreover,” Kahlbaugh continues, “we will continue Auto
Knight’s dedication to provide the best products and the
highest level of service to its customers.”
Based in Palm Springs, Calif., Auto Knight was established 22
years ago by Jeffrey S. Rizzo. Terms of the transaction were
not disclosed.
For more information, visit www.autoknight.com and www.fortegra.com.
