Home > M&A deals 2004 > Spectrum Equity acquires United Asset Coverage, Inc.
Secondary Buyout · Business Services · March 2004

Spectrum Equity acquires United Asset Coverage, Inc.

On March 1, 2004, Spectrum Equity acquired United Asset Coverage, Inc., a business services company in Illinois, United States, from Petra Capital Partners LLC.

Deal at a glance

AnnouncedMarch 1, 2004 TypeSecondary Buyout TargetUnited Asset Coverage, Inc. Buyer Spectrum Equity Seller Petra Capital Partners LLC SectorBusiness Services LocationIllinois, United States ValueNot disclosed

Target company

United Asset Coverage, Inc.
Illinois, United States
Business Servicessector
-founded
Activestatus
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Buyer

Private equity firm · 78 deals on record
  • 2nd transaction in business services
  • 11th transaction in United States
78deals, all time
10in this sector
2021latest

Seller

Private equity firm · 54 deals on record
54investments
11in this sector
26exits

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Questions about this deal

Who acquired United Asset Coverage, Inc.?Spectrum Equity acquired United Asset Coverage, Inc. on March 1, 2004.

Who sold United Asset Coverage, Inc.?Petra Capital Partners LLC was the seller.

What type of deal was it?It was a secondary buyout in the business services sector in 2004.

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