Classic Car Insurance Provider Hagerty to Go Public Via $3B SPAC deal

Classic Car Details

Hagerty, which insures classic cars, has agreed to go public through a merger with SPAC Aldel Financial Inc in a deal that values it at $3.13 billion, the companies said on Wednesday. Hagerty provides insurance cover for collectible vehicles that are not driven daily, and offers lower prices than standard insurers. It says it has… Continue reading Classic Car Insurance Provider Hagerty to Go Public Via $3B SPAC deal