ATLANTA — The management team of APCO, together with Trident IV, L.P. (Trident IV), has completed the purchase of 100 percent of Automobile Protection Corporation (APCO) from Ford Motor Company. Trident IV is a private equity fund managed by Stone Point Capital LLC, based in Greenwich, Conn. Stone Point Capital is a global private equity firm that manages the Trident Funds.

APCO, established in Atlanta in 1984 by its current Chairman/CEO Larry Dorfman and recently retired partner Martin J. Blank, is a marketer and administrator of extended vehicle service contracts and warranties sold by automotive OEM’s as well as automobile and recreational vehicle dealers located throughout the United States and Canada. The company markets its products using the EasyCare brand, as well as other private label automobile manufacturer brands, through a network of independent agents that specialize in consulting with and servicing the automotive and RV dealership market.

Ford Motor Company bought APCO in 1999. Prior to that the company was in the Atlanta Journal Constitution Top 100 Companies in Georgia for several years.

“We are excited about this opportunity of ownership again," said Larry Dorfman. "We did very well during our years with Ford, almost tripling our revenue and profit. This was a great opportunity to buy the company back and, as a team of owners, drive it to the next level. We have great partners in Stone Point Capital and a group of dedicated, re-energized employees, all of whom are excited about the future of APCO.”