Colonnade

Focus. Expertise. Results.

  • Our Services
  • Team
  • Industry Expertise
  • Transactions
  • Industry Reports
  • News
  • Blog
  • Podcast
  • Contact

Colonnade advises First Bank on its sale of Universal Premium Acceptance Corporation to Premium Financing Specialists

First Bank & Upac logo

In December 2009, First Bank of Clayton, Missouri completed the sale of its insurance premium finance subsidiary, Universal Premium Acceptance Corporation (“UPAC”), to Premium Financing Specialists, Inc. (“PFS”) of Kansas City, Missouri. Terms of the transaction were not disclosed.

Founded in 1954, UPAC is one of the ten largest insurance premium finance companies in the United States. PFS is the largest independent premium finance provider in the nation.

Colonnade Securities LLC served as exclusive financial advisor to First Bank and UPAC.

Back to All Transactions

Back to Press Releases

linkedin

Top 5 Things We Learned in 2020 (+ 1 bonus)

December 29, 2020

Reps & Warranty Insurance

December 21, 2020

Q3 2020 M&A Update

November 5, 2020
Colonnade Advisors LLC
  ·  
500 West Madison Street
  ·  
Suite 3410
  ·  
Chicago, IL 60661
  ·  
312.425.8160
  ·   
Connect with us on LinkedIn
Dataroom Login


Investment banking services provided through Colonnade Securities LLC, Member of FINRA. All other services provided through Colonnade Advisors LLC. Copyright © 2016, Colonnade Advisors, LLC. All rights reserved

Copyright © 2021 Colonnade