Milestone Partners, a Philadelphia-based private equity firm, has purchased an 80% stake in GoAuto, a low-cost auto insurer. Founder Greg Tramontin, familiar from the company’s commercials as the “GoAuto guy,” will stay on as CEO for an “undetermined amount of time,” he says, adding that none of the company’s approximately 350 employees in Louisiana, Ohio,
GoAuto sells majority stake to private equity firm
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