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Genstar Capital Increases Strategic Investment in Likewize, Acquires Majority Stake
Investment Empowers Next Stage of Growth and Innovation for Global Leader in Tech Protection and Support
Likewize, a leading global provider of tech protection and support, today announced that its existing investor, Genstar Capital (“Genstar”), has increased its investment in Likewize following its initial investment in March 2023. This significant investment makes Genstar the majority investor in Likewize and strengthens their commitment to fueling Likewize’s continued growth and mission to make every tech problem painless. Management and Brightstar Capital Partners (“Brightstar”) will remain minority investors in Likewize, ensuring continued leadership in driving the company forward.
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SSN is looking for speakers and panelists for The Third Annual Warranty & Service Contract Innovations for Vehicle, Home, Smart Products & Consumer Goods
March 26-27, 2025, at the Crowne Plaza® New Orleans French Quarter – Astor, New Orleans, Louisiana.
This innovative 2-track event takes a deep dive into all the key ingredients for creating winning warranty & service contracts for:
- Vehicle, Home, Appliance, Mobile, Electronics & Other Consumer Markets
Hear top industry leaders discuss tools and strategies for end-to end lifecycle solutions for:
- Product Design, Marketing, Sales, Customer Service, Operations, Technology & Compliance
ServeCo launches ServeCo Repair in Joint Venture
In a joint venture with Premier Furniture Consultants, ServeCo North America is launching ServeCo Repair today, providing in-home service nationwide.
Full Article: https://www.furnituretoday.com/industry-news/serveco-launches-serveco-repair-in-joint-venture/
New Legislation Increases Protection Offerings for Missourians
Missouri lawmakers furthered the protections for consumer finances by signing a new law that affords additional options for people looking to keep their budgets safe.
Full Article: https://gapalliance.org/new-legislation-increases-protection-offerings-for-missourians/
Tech Startup Amber Offers Tesla Telehealth Checkups
San Francisco-based Amber offers extended warranties for new and used Tesla S, X, Y, and 3 vehicles model year 2015 and younger.
Full Article: https://www.forbes.com/sites/edgarsten/2024/09/10/tech-startup-offers-tesla-telehealth-checkups/
Marcone Unifies Nationwide Technician Training
Program designed to boost industry expertise through shared standards
St. Louis, MO. (August 27, 2024) – Marcone announced its nationwide fall training program for technicians who rely on the distributor for equipment, repair parts and solutions in the appliance, HVAC, commercial kitchen, plumbing and pool/spa industries.
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Vehicle Service & Warranty Lifecycle Summit Series Brings Together Leaders in Aftersales, Aftercare Services & Warranty on October 22-24
MAPconnected is a great network to keep the pulse on the Automotive Warranty world. The collaboration among its members is of incredible value to General Motors, and ultimately benefits our customers, by delivering high-quality products and exceptional warranty aftercare services.
— Jose Clemente, Warranty Performance Manager – General Motors
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Ohio AG Yost Sues NY-based Home Warranty Company, Alleging Deceptive Business Practices
Ohio Attorney General Dave Yost is suing First Premier Home Warranty and its owner, alleging that the New York-based company’s deceptive business practices have harmed Ohio consumers.
Full Article: https://www.ohioattorneygeneral.gov/Media/News-Releases/August-2024/AG-Yost-Sues-NY-based-Home-Warranty-Company-Allegi
FTC Lawsuit Claims Deceptive Sales Practices and Discrimination at David McDavid Honda of Irving
David McDavid Honda of Irving, a dealership under the umbrella of Asbury Automotive Group, is at the center of a Federal Trade Commission (FTC) lawsuit alleging deceptive sales practices and discrimination.
Florida CFO Jimmy Patronis announces investigation into CarShield for deceptive sales practices
Jimmy Patronis announced an investigation by the Florida Department of Financial Services’ Division of Agent and Agency Services into nationwide vehicle service contract company CarShield for deceptive sales practices in Florida.
Full Article: https://www.mysuncoast.com/2024/08/21/cfo-jimmy-patronis-announces-investigation-into-carshield-deceptive-sales-practices/