Good market position and robust operating performance Well-integrated and effective business model Significant client concentration risk and dependence on contract renewals as shown by the recent loss of a retail segment client Improved credit protection metrics due to reduction of debt and robust earnings growth Strong possibility of releveraging to support continued reduction in private-equity ownership Healthy cash flow generation with limited working capital or capital expenditure needs The stable outlook on NEWAsurion Corp. reflects S&P Global Ratings' expectation that the company will maintain its leading market position in the mobile and electronic protection industry with revenue growth in the mid- to high-single digits and EBITDA margins of 22%-24%. While this will enable the company to continue deleveraging, we don't
