M&A Deal Summary

Fifth Third Bank Acquires Epic Insurance Solutions

On September 15, 2017, Fifth Third Bank acquired insurance company Epic Insurance Solutions

Acquisition Highlights
  • This is Fifth Third Bank’s 2nd transaction in the Insurance sector.
  • This is Fifth Third Bank’s 30th transaction in the United States.
  • This is Fifth Third Bank’s 5th transaction in Kentucky.

M&A Deal Summary

Date 2017-09-15
Target Epic Insurance Solutions
Sector Insurance
Buyer(s) Fifth Third Bank
Deal Type Add-on Acquisition

Target

Epic Insurance Solutions

Louisville, Kentucky, United States
website
Epic Insurance Solutions LLC is a provider of property and casualty insurance products and services. Its primary services include HR outsourcing, recruiting, training, HR policies and procedures and other HR-related services. The Louisville-based insurance agency and company primarily serve the Kentucky and Indiana market.

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Buyer(S) 1

Buyer

Fifth Third Bank

Cincinnati, Ohio, United States

website


Category Company
Founded 1858
Sector Financial Services
Employees19,319
Revenue 8.2B USD (2022)
DESCRIPTION
Fifth Third Bank branch in Chicago, Illinois.
Fifth Third Bank branch in Chicago, Illinois.

Fifth Third Bank is a regional US-based bank. Fifth Third provides a variety of financial services including commercial lending, consumer lending, and investment advisory. Fifth Third Bank was incorporated in 1858 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 30 of 37
Sector (Insurance) 2 of 2
Type (Add-on Acquisition) 27 of 32
State (Kentucky) 5 of 5
Country (United States) 30 of 37
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 R.G. McGraw Insurance Agency

Cincinnati, Ohio, United States

R.G. McGraw Insurance Agency, Inc. is a downtown-based insurance agency that serves a broad mix of companies, public institutions, and high net worth individuals. We are known for delivering the best cost and coverage solutions for our clients' risk management, asset protection, and employee health benefit needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-21 MB Financial

Chicago, Illinois, United States

MB Financial, Inc. is the Chicago-based holding company for MB Financial Bank, which has approximately $20 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success. MB Financial was formed in 1911 and is based in Chicago, Illinois.

Buy $4.7B