Amynta Group, a premier insurance services company and provider of warranty protection products and services, has entered into an agreement to acquire American Auto Guardian, Inc. (AAGI), a leading provider of protection products and services to an extensive network of OEMs, agents, independent auto dealers and dealer groups. Terms of the transaction were not disclosed.

AAGI is a recognized leader in developing, marketing and administering vehicle service contracts and other automotive aftermarket protection products. The company operates through approximately 250 distribution partners and serves more than 4,500 dealers across the U.S. The acquisition of AAGI aligns with Amynta’s commitment to provide best-in-class products and services to its distribution partners and dealers. Together with AAGI, Amynta will serve approximately 15,000 dealerships in the U.S. and Canada through more than 1,400 agents, protecting more than 5.4 million vehicles. AAGI will continue to operate under the leadership of Tim Brugh and the company’s senior management team.

“AAGI has built an outstanding company over 20 years, focused on consistently delivering performance to their distribution partners and dealers, with a successful track record of growth and profitability under the leadership of Tim Brugh,” said Rob Giammarco, chairman and CEO of Amynta. “AAGI brings new distribution partners, OEM relationships, dealer networks and geographic reach, broadening our presence, particularly in the midwest. AAGI expands our warranty offerings, providing incremental opportunities to drive growth across our business.”

Added AAGI CEO Tim Brugh, “Joining forces with Amynta is a great opportunity for AAGI, as the enhanced scale and reach will help us deliver even more capabilities to our distribution partners and dealers. I see many new opportunities for our clients, partners and employees. We are looking forward to joining Amynta and continuing to provide our clients and partners with best-in-class products and services and the ease of doing business they have come to expect.”