February 01, 2015 4:51 PM ET

Commercial Services and Supplies

Company Overview of Interstate National Corporation

Company Overview

Interstate National Corporation offers service contract and warranty programs for automobiles, RV's, motorcycles, watercraft and powersport vehicles. The company is based in Chicago, Illinois. Interstate National Corporation operates as a subsidiary of Fireman's Fund Insurance Company.

33 West Monroe Street

Suite 1400

Chicago, IL 60603

United States



Key Executives for Interstate National Corporation

Chief Executive Officer
Age: 56
Chief Financial Officer
Chief Operating Officer
Chief Marketing Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

Interstate National Corporation Key Developments

Interstate National Reportedly Mulls Sale To Lightyear

Interstate National Corporation, a Golden Gate Capital portfolio company, is in discussions to sell itself for at least $200 million to Lightyear Capital LLC, according to people familiar with the discussions. Negotiations are still ongoing between Golden Gate and Lightyear and the deal may still fall apart, the people said, asking not to be named because they were not authorized to speak on the record. One hurdle in the lengthy auction process has been legal proceedings related to "robocalls," the people said, without giving details. Royal Bank of Canada has been working on the sale of Interstate National. The auction attracted other private equity bidders including Corsair Capital LLC and ABRY Partners, LLC, the people said. Representatives for RBC, Golden Gate and Corsair declined to comment, reported Reuters. Representatives for Interstate National, and ABRY did not immediately respond to a request for comment, reported Reuters.

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