Quarton Partners Advises ProtectCELL in an Equity Recapitalization with Fortegra Financial, a Portfolio Company of Summit

   Quarton Partners Advises ProtectCELL in an Equity Recapitalization with
          Fortegra Financial, a Portfolio Company of Summit Partners

PR Newswire

BIRMINGHAM, Mich., Jan. 2, 2013

BIRMINGHAM, Mich., Jan. 2, 2013 /PRNewswire/ -- Quarton Partners is pleased to
announce that Digital Leash L.L.C. d/b/a ProtectCELL has completed an equity
recapitalization with Fortegra Financial Corporation("Fortegra"), a portfolio
company of Summit Partners. The co-founders and existing shareholders of
ProtectCELL will retain a significant minority stake in ProtectCELL and will
continue to manage the business under Fortegra's ownership. Quarton Partners
acted as exclusive financial advisor to ProtectCELL in this transaction, which
closed on December 31, 2012.

"We are excited about the possibilities that are now at hand for ProtectCELL,"
said Rob Emery, Co-Founder of ProtectCELL. "The synergies between our cultures
and companies are a great fit that will provide us the opportunity to expand
our coverage to all types of electronic devices and broaden our offerings in
the warranty and insurance space, while continuing to offer our existing
membership plans."

"We are extremely excited to make this investment in ProtectCELL. Their
leadership team has created a strong platform, broad distribution and an
exciting menu of products and services for consumers. ProtectCELL adds scale
to our growing warranty and service contract business," said Richard
Kahlbaugh, Chief Executive Officer of Fortegra. "The addition of ProtectCELL
is squarely within Fortegra's growth strategy of expanding our warranty and
service contract offerings and we expect ProtectCELL to enhance our growth
initiatives and drive shareholder value over the long term."

ProtectCELL,  founded in 2006, is a rapidly-growing provider of wireless
device protection plans and mobile services sold to consumers across thousands
of wireless retail locations nationwide. ProtectCELL's protection plans cover
standard mobile phones, smartphones, tablets and other wireless devices.
ProtectCELL is one of the few companies in its served market offering
additional benefits beyond traditional device replacement, including mobile
security and identity theft protection. In 2012, ProtectCELL was recognized by
Inc. magazine as one of the 500 fastest-growing private companies in the
United States.

Fortegra Financial Corporation (NYSE: FRF) is an insurance services company
that provides distribution and administration services and insurance-related
products to insurance companies, insurance brokers and agents and other
financial services companies in the United States. Fortegra's brands include:
Life of the South, Consecta, Bliss & Glennon (B&G), eReinsure (eRe), Motor
Clubs, Pacific Benefits Group (PBG), Universal Equipment Recovery Group
(UERG), and South Bay Acceptance Corporation (SBAC).

Summit Partners is a growth equity firm that invests in rapidly growing
companies. Founded in 1984, Summit has raised more than $14 billion in
capital and provides equity and credit for growth, recapitalizations, and
management buyouts. Summit has invested in more than 340 companies across a
range of industries. These companies have completed more than 125 public
offerings, and in excess of 130 have been acquired through strategic mergers
and sales. Summit Partners has offices in Boston, Palo Alto, London, and


Quarton Partners, headquartered in Birmingham, Michigan, is a premier middle
market investment banking firm, serving privately held and publicly traded
companies, as well as private equity firms. Quarton Partners assists its
clients with mergers and acquisitions, private capital raising,
restructurings, valuations and other financial advisory services. Its
principals have successfully completed hundreds of engagements in a variety of
industries across the U.S. and throughout the world. Quarton Partners is an
affiliate of Spearhead Capital, LLC.

SOURCE Quarton Partners

Website: http://www.quartonpartners.com
Contact: Allison Hoover, +1-248-594-0400
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