NORTHBROOK, Ill. — The Allstate Corporation has entered into a definitive agreement to acquire Partnership Marketing Group (PMG), a business unit of GE Money. PMG will be combined with Allstate’s Motor Club division, a large nationwide provider of emergency roadside assistance.
Allstate Motor Club, located in South Barrington, Ill., provides 24-hour roadside assistance to 1.2 million members through a national network of service providers. An additional 1.4 million customers are served through an enhanced towing or roadside assistance benefit available to Allstate auto insurance policyholders. PMG, based in Schaumburg, Ill., is the second largest provider of roadside assistance in the country. Together, the combined Allstate Motor Club and PMG operations will provide service to more than four million drivers. In addition, PMG provides legal services benefits plans and membership-based consumer affinity offerings in the shopping, wellness, travel and entertainment areas. PMG markets its products directly to consumers and through private label and affinity distribution relationships with some of the most well-known brands in the United States. For additional information about Allstate Motor Club, visit www.allstatemotorclub.com. |
