Trean Insurance Group, Inc. (TIG)

APPLETON, Wis.--(BUSINESS WIRE)--Miller Electric Mfg. LLC, a leading manufacturer of welding equipment, has announced the launch of the Syncrowave®️ 212, a brand new AC/DC TIG welder that is simplifying the process, so users can take on TIG with more confidence. The need for more welding professionals is continuing to increase — with 330,000 new positions predicted by the American Welding Society by 2028. Add to that the predicted industry growth to $28.6 billion by 2028 according to Fortune Bu.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of Trean Insurance Group, Inc (Trean). The outlook of the Credit Rating is stable. Concurrently, AM Best has withdrawn the public Long-Term ICR of Trean per the company's request. Effective April 21, 2023, Altaris LLC through various partners acquired all outstanding public shares of Trean and now controls 100% of the group's common stock. This press release relates to Credit.

WAYZATA, Minn. and NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today announced the completion of the acquisition of the Company by funds managed by Altaris, LLC (collectively with its affiliates, “Altaris”) for $6.15 per share in cash. The transaction was announced on December 16, 2022 and received approval from stockholders on April 18, 2023. As a result, Trean's common stock ceased trading and will no longer be listed on Nasdaq.

WAYZATA, Minn. and NEW YORK, April 18, 2023 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, announced that at the Special Meeting of Stockholders (the “Special Meeting”) held earlier today, the Company's stockholders approved the Agreement and Plan of Merger entered into by the Company with affiliates of Altaris, LLC (collectively with its affiliates, “Altaris”) (the “Merger Agreement”) providing for the proposed merger of the Company with an affiliate of funds managed by Altaris (the “Merger”).

NEW YORK , March 30, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Trean Insurance Group, Inc. (" Trean" or the "Company") (NASDAQ: TIG) stock prior to December 14, 2022 . You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Trean by affiliates of its 47% stockholder, Altaris, LLC.

NEW YORK , March 17, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman is investigating the proposed going-private acquisition of Trean Insurance Group, Inc. (Nasdaq: TIG) by Altaris, LLC, the company's controlling shareholder. Altaris seeks to buy Trean for $6.15 per share, yet financial analyses have valued the company as high as $8.34 per share.

WAYZATA, Minn., March 09, 2023 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today reported results for the fourth quarter and full year ended December 31, 2022.

NEW YORK , Feb. 14, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman is investigating the proposed going-private acquisition of Trean Insurance Group, Inc. (Nasdaq: TIG) by Altaris, LLC, the company's controlling shareholder. Altaris already owns nearly half of the company, but it recently signed a deal to acquire the rest of the company's shares for $6.15 per share in cash, or a total of about $350 million.

PHILADELPHIA , Feb. 6, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (Nasdaq: TIG) ("Trean") on behalf of the company's shareholders. On December 16, 2022, Trean announced that it would be acquired by affiliates of Altaris, LLC at a price of just $6.15 per share – a price that is 35% lower than Trean's 52-week high value of $9.47 per share.

Small-cap stocks usually suffer more than mid- and large-cap stocks when the market as a whole is struggling, and when the market is rallying, they could offer higher returns as well.

PHILADELPHIA , Jan. 17, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (Nasdaq: TIG) ("Trean") on behalf of the company's investors. On December 16, 2022, Trean announced that it would be acquired by affiliates of Altaris, LLC at a price of just $6.15 per share – a price that is 35% lower than Trean's 52-week high value of $9.47 per share.

PHILADELPHIA--(BUSINESS WIRE)--Shareholder protection law firm Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (NASDAQ: TIG) (“Trean” or the “Company”) on behalf of the Company’s investors. On December 16, 2022, Trean announced that it would be acquired by affiliates of Altaris, LLC (“Altaris”) at a price of $6.15 per share – a price that is 35% lower than Trean’s 52-week high value of $9.47 per share. Following the closing of the proposed transaction, Trean’s investors will be cashed out of their investment position and the Company’s shares will no longer be publicly traded. The investigation seeks to determine whether Trean’s officers and directors failed to maximize the buyout price for the company’s stockholders, or otherwise breached their fiduciary duties to Trean stockholders in agreeing to sell the company to Altaris at $6.15 per share. Trean shareholders are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/trean/, for additional information about this investigation and their legal rights and options. Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

PHILADELPHIA--( BUSINESS WIRE )--Shareholder protection law firm Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (NASDAQ: TIG) (“Trean” or the “Company”) on behalf of the Company's investors.

Philadelphia, Pennsylvania--(Newsfile Corp. - December 29, 2022) - Kehoe Law Firm, P.C. is investigating whether the directors of Trean Insurance Group, Inc. ("Trean Insurance" or "Trean") (NASDAQ: TIG) breached their fiduciary duties to the shareholders of Trean Insurance in approving a merger with affiliates of Altaris Capital Partners, LLC ("Altaris Capital") for inadequate consideration.

NEW YORK--( BUSINESS WIRE )--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of Trean Insurance Group, Inc. (“Trean”) (NASDAQ: TIG) breached their fiduciary duties to its shareholders in approving a merger with affiliates of Altaris Capital Partners, LLC (“Altaris”) for inadequate consideration. If you are a Trean shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.