Tag: Ready Financial Group
Rockbridge buys Connect America in third 'largest PERS deal ever'
January 20, 2011Daniel Gelinas
DETROIT—It's the third largest personal-emergency-response-system company purchase, and it bodes well for the PERS industry, according to Connect America president and CEO Ken Gross.
Rockbridge Growth Equity on Jan. 12 announced it had acquired direct-to-consumer PERS company Connect America for an undisclosed sum in a deal that brings 75,000 accounts worth around $2.2 million in RMR to investor Rockbridge, according to Gross.
“The PERS industry should be proud of this transaction—this...