M&A Deal Summary

Great-West Lifeco Acquires Irish Life Group

On July 18, 2013, Great-West Lifeco acquired insurance company Irish Life Group

Acquisition Highlights
  • This is Great-West Lifeco’s 1st transaction in the Insurance sector.
  • This is Great-West Lifeco’s 1st transaction in Ireland.

M&A Deal Summary
Date 2013-07-18
Target Irish Life Group
Sector Insurance
Buyer(s) Great-West Lifeco
Deal Type Add-on Acquisition

Target

Irish Life Group

Dublin,, Ireland
website
Irish Life Group Ltd. provides risk protection, pensions, savings, and investment products for individual and group markets.

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Buyer(S) 1

Buyer

Great-West Lifeco

Winnipeg, Manitoba, Canada

website

Category Company
Founded 1891
Sector Insurance
Employees24,500
Revenue 44.7B CAD (2022)
DESCRIPTION

Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. Great-West Lifeco was founded in 1891 and is based in Winnipeg, Canada.

DEAL STATS #
Overall 1 of 3
Sector (Insurance) 1 of 2
Type (Add-on Acquisition) 1 of 3
Country (Ireland) 1 of 1
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 Retirement Advantage

London, United Kingdom

Retirement Advantage is a well-established company that can trace its roots back to 1852. Company provide those who are in, at or approaching retirement with a range of simple, secure and flexible products to suit their needs.

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