Percenterprises Completion Bonding Inc. and Motion Picture Guarantors Ltd. have pooled their operations to build market clout in the completion bond business and end their competition.
The two companies will remain independent corporate entities. But the affiliation gives them a broader global presence.
Guarantors of Canada has been looking to boost its U.S. presence. In Century City-based Percenterprises, it links with a firm that has focused on business in California as well as South Africa, Latin America and Europe.