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Griffin Advises CopperPoint Mutual Insurance Company in its Acquisition of Pacific Compensation Insurance

Griffin Financial Group was retained to act as financial advisor to CopperPoint Mutual Insurance Company in connection with an opportunity to expand into the California workers’ compensation market. Alleghany Corporation, a NYSE-listed insurance holding company, had decided to sell Pacific Compensation Insurance Company, its California workers’ compensation company. Griffin provided structuring and valuation assistance to CopperPoint in connection with this transaction, which culminated in the execution of a definitive agreement between CopperPoint Mutual and Alleghany.

For more information on this transaction, contact Jeffrey P. Waldron, Co-Head, Financial Institutions – Insurance, at 610.205.6028.

Griffin Financial Group is the largest FINRA-licensed investment bank headquartered in Pennsylvania and one of the largest in the Northeast and Mid-Atlantic states outside of New York City, and is nationally recognized in a number of sectors. The firm provides merger and acquisition advisory, capital formation, structured finance and strategic consulting services to the financial institutions (banks, thrift, insurance, specialty lending), commercial and industrial, retail, services, technology and private equity sectors, in addition to assisting businesses facing special situations. Griffin is part of the Stevens & Lee/Griffin multidisciplinary family of companies. For more information, please contact Joseph M. Harenza, CEO and Senior Managing Director, at 610.478.2160.