Assurant Acquires Global Cell Phone Repair Operator CPR

Expanded choices for same-day mobile repair service to supply a additional seamless expertise for consumers; Positions franchisees to diversify and grow their businesses.

Assurant (AIZ), a leading international supplier of housing and manner solutions that support, defend and connect major client purchases, these days declared it's noninheritable  MMI-CPR LLC, that operates as mobile phone Repair (CPR), one among the largest international franchisors of mobile device repair stores with over 700 locations. The resuscitation franchise provides a large form of same-day device repairs and offers customers the flexibility to sell and purchase devices at their native cardiopulmonary resuscitation store.
Assurant noninheritable  resuscitation from a subsidiary of nondepository financial institution Merrymeeting cluster and a 3rd party. monetary terms of the group action weren't disclosed.
“Acquiring resuscitation may be a a part of our current efforts to boost the client expertise by increasing choices for service and support wherever, once and the way customers need,” aforesaid Manny Becerra, president for international Connected Living at Assurant. “Assurant is also committed to serving to resuscitation franchisees diversify their businesses through new merchandise and services.”

CPR can still operate as a standalone company with the flexibility to introduce to satisfy client wants.

“Franchisees can gain the advantages from Assurant’s monetary strength and experience in connected devices to assist differentiate and grow their businesses, whereas providing a superior client expertise,” aforesaid John Davies, founding father of the Merrymeeting cluster. “Plus, as associate degree innovative, aggressive mobile support and protection supplier, Assurant is well-positioned to assist ceaselessly drive new traffic to resuscitation stores.”

About Assurant

Assurant, Inc. (AIZ) may be a leading international supplier of housing and manner solutions that support, defend and connect major client purchases. Anticipating the evolving wants of customers, Assurant partners with the world’s leading brands to develop innovative merchandise associate degreed services and to deliver an increased client expertise. A Fortune five hundred company with a presence in twenty one countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded ceremony insurance; renters insurance and lender-placed householders insurance. The Assurant Foundation strengthens communities by supporting charitable partners that facilitate defend wherever individuals live and may thrive, connect with native resources, inspire inclusion and prepare leaders of the long run.

Learn additional at or on Twitter @AssurantNews.

About CPR

Cell Phone Repair (CPR) is one among the biggest international franchisors of mobile device repair stores with over 700 locations across many countries, the bulk of that square measure within the US. The resuscitation franchise focuses on a large form of device repairs as well as smartphones, computers, laptops, game consoles, cameras and mp3 players. resuscitation franchise stores conjointly provide customers the flexibility to sell and purchase pre-owned devices at their native store. CPR’s roots return to 1996 with the gap of its 1st walk-in mobile phone shop in urban center, Florida. Learn additional at

Cautionary Statement

Some of the statements enclosed during this promulgation might represent progressive statements inside the that means of the U.S. personal Securities legal proceeding Reform Act of 1995. Any progressive statements contained during this promulgation square measure primarily based upon our historical performance and on current plans, estimates and expectations. The inclusion of this progressive data mustn't be considered a illustration by US or the other person who our future plans, estimates or expectations are going to be achieved. Our actual results would possibly dissent materially from those projected within the progressive statements. Assurant undertakes no obligation to update or review any progressive statement during this promulgation, whether or not as a results of new data, future events or different developments. For a close discussion of the factors that might have an effect on Assurant’s results, please consult with the factors known within the reports we tend to file with the U.S. Securities and Exchange Commission (the “SEC”), as well as however not restricted to the danger factors known in our most up-to-date Annual Report on kind 10-K, as filed with the SEC.