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Genstar Capital Has Purchased Innovative Aftermarket Systems

San Francisco-based Genstar Capital, a middle market private equity firm — in partnership with several senior IAS executives — has acquired Innovative Aftermarket Systems (IAS), a marketer, administrator and underwriter of vehicle protection products and related services sold through franchised auto dealers. Headquartered in Austin, TX, IAS offers a variety of finance and insurance products and services, including tire and wheel coverage, windshield repair and replacement, and paintless dent repair.