M&A Deal Summary

Citizens Insurance Company of America Acquires Security Plan Life Insurance

On October 1, 2004, Citizens Insurance Company of America acquired insurance company Security Plan Life Insurance

Acquisition Highlights
  • This is Citizens Insurance Company of America’s 1st transaction in the Insurance sector.
  • This is Citizens Insurance Company of America’s 1st transaction in the United States.
  • This is Citizens Insurance Company of America’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2004-10-01
Target Security Plan Life Insurance
Sector Insurance
Buyer(s) Citizens Insurance Company of America
Deal Type Add-on Acquisition

Target

Security Plan Life Insurance

Donaldsonville, Louisiana, United States
Security Plan Life Insurance Co. is a provider of life insurance products including graded death benefit, super triple protector.

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Buyer(S) 1

Buyer

Citizens Insurance Company of America

Howell, Michigan, United States

Category Company
Founded 1915
Sector Insurance
DESCRIPTION

Citizens Insurance Company of America is a provider of personal and commercial insurance services.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1