The Travelers Companies - M&A Summary and Business Overview

InsuranceCompany

The Travelers Companies M&A Summary

The Travelers Companies has acquired 10 companies, including 4 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

The Travelers Companies’ largest acquisition to date was in 2013, when it acquired The Dominion of Canada General Insurance for $1.1B. The Travelers Companies has acquired in 3 different US states, and 6 countries. The Company’s most targeted sectors include insurance (80%) and software (10%).

The Travelers Companies Business Overview

Where is The Travelers Companies headquartered?

The Travelers Companies is headquartered in New York, New York.

What is The Travelers Companies’ revenue?

The Travelers Companies disclosed revenue of 36,896M USD for 2022 and 34,816M USD for 2021.

How many employees does The Travelers Companies have?

The Travelers Companies has 29,988 employees.

What sector is The Travelers Companies in?

The Travelers Companies is an insurance company.

When was The Travelers Companies founded?

The Travelers Companies was founded in 1853.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity10
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 9
  • M&A Advisors 5

The Travelers Companies

The Travelers Companies, Inc.

485 Lexington Avenue,
New York, New York 10017
United States,
(917) 778-6000
www.travelers.com

The Travelers Companies is an insurance provider of property casualty insurance for auto, home and business. The Travelers Companies was founded in 1853 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 6 1 - 2 1 - 10
vol $2.0B $435M $2.4B
Sell (0.0/yr) # 2 - - - - - 2
  12

Most Recent M&A

Company Date Value Type
Corvus Insurance Holdings, Inc. 2023-11-03 435M USD Add-on Acquisition
Boston, Massachusetts · www.corvusinsurance.com
Fidelis MGU 2022-07-25 - Divestiture
Pembroke, Bermuda · www.fidelismgu.com
Trov Insurance Solutions LLC 2022-02-23 - Add-on Acquisition
Danville, California · www.trov.com
InsuraMatch LLC 2020-12-03 - Divestiture
Boston, Massachusetts · www.insuramatch.com
Simply Business Ltd. 2017-03-13 490M USD Add-on Acquisition
London, United Kingdom · www.simplybusiness.co.uk
J. Malucelli Participações em Seguros e Resseguros S.A. 2015-04-13 - Stake Purchase
Curitiba,, Brazil
Cardinal Compania de Seguros S.A. 2014-12-10 - Stake Purchase
Bogota, Colombia · www.cardinalseguros.com
The Dominion of Canada General Insurance Co. 2013-11-01 1.1B USD Divestiture
Toronto, Ontario · www.thedominion.ca
J. Malucelli Seguradora SA 2011-06-20 410M USD Add-on Acquisition
Curitiba, Brazil · www.jmalucelliseguradora.com.br
Unionamerica Holdings Ltd. 2008-12-29 - Divestiture
London, United Kingdom
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 8 (80%) 2.0B (83%) 2 (100%) -
Financial Services 1 (10%) 410M (17%) - -
Software 1 (10%) - - -
Total 10 $2.4B 2 -

By Geo

State/Country Buy Value Sell Value
United States 4 435M 1 -
  Massachusetts 2 435M - -
  California 1 - 1 -
  Minnesota 1 - - -
Brazil 2 410M - -
United Kingdom 1 490M 1 -
Bermuda 1 - - -
Canada 1 1.1B - -
  Ontario 1 1.1B - -
Colombia 1 - - -
Domestic 4 (40%) 435M (18%) 1 (50%) -
Cross-border 6 (60%) 2.0B (82%) 1 (50%) -
Total 10 $2.4B 2 -

Top M&A Advisors

Financial Deals
Greenhill & Co., Inc.
1
Jefferies
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
5
Barbosa, Müssnich & Aragão
1
Gowling Lafleur Henderson LLP
1

Deal Values

buy # Total
> $1B 1 $1.1B
$100M to $1B 3 $1.3B
TOTAL $2.4B
Largest The Dominion of Canada General Insurance Co.
$1.1B (2013-11-01)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Strategic(s)
30%
3 (30%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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