Alleghany - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Alleghany M&A Summary

Alleghany has acquired 9 companies of its own. It has also divested 4 assets.

Alleghany’s largest acquisition to date was in 2011, when it acquired Transatlantic Holdings for $3.4B. It’s largest disclosed sale occurred in 2013, when it sold Homesite Group to American Family Mutual Insurance for $660M. Alleghany has acquired in 6 different US states. The Company’s most targeted sectors include insurance (89%) and machinery (12%).

Alleghany Ownership

Who owns Alleghany?

Alleghany is owned by Berkshire Hathaway. It was acquired on March 21, 2022.

Alleghany Business Overview

Where is Alleghany headquartered?

Alleghany is headquartered in New York, New York.

What is Alleghany’s revenue?

Alleghany disclosed revenue of 12,002M USD for 2021 and 8,897M USD for 2020.

How many employees does Alleghany have?

Alleghany has 10,407 employees.

What sector is Alleghany in?

Alleghany is an insurance company.

When was Alleghany founded?

Alleghany was founded in 1929.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity9
    • M&A Sell Activity4
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 8

Alleghany

Alleghany Corp.

1411 Broadway 34th Floor,
New York, New York 10018
United States,
(212) 752-1356
www.alleghany.com

Alleghany owns and manages operating subsidiaries and investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a global reinsurer; RSUI Group, Inc., a national underwriter of property and liability specialty insurance coverages; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation engages in and oversees strategic investments and acquisitions. Alleghany Corporation was founded in 1929 and is based in New York City.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 9 - - - - - 9
vol $3.7B $3.7B
Sell (0.0/yr) # 4 - - - - - 4
vol $1.0B $1.0B
  13

Most Recent M&A

Company Date Value Type
Bourn & Koch Inc. 2019-06-24 - Merger
Rockford, Illinois · www.bourn-koch.com
Pacific Compensation Insurance Co. 2017-09-13 150M USD Divestiture
Thousand Oaks, California · www.pacificcomp.com
Homesite Group, Inc. 2013-09-04 660M USD Trade Sale
Boston, Massachusetts · www.homesite.com
Bourn & Koch Inc. 2012-05-02 - Add-on Acquisition
Rockford, Illinois · www.bourn-koch.com
Transatlantic Holdings Inc. 2012-03-05 - Add-on Acquisition
New York, New York · www.transre.com
Transatlantic Holdings, Inc. 2011-11-21 3.4B USD Add-on Acquisition
New York, New York
Pacific Compensation Corp. 2007-07-18 193M USD Add-on Acquisition
Agoura Hills, California
World Minerals, Inc. 2005-07-14 217M USD Divestiture
San Jose, California · www.worldminerals.com
Royal Specialty 2003-07-07 - Divestiture
Atlanta,, Georgia
Royal Specialty Underwriting Inc. (RSUI) 2003-07-02 115M USD Divestiture
Atlanta,, Georgia · www.rsui.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 8 (89%) 3.7B (100%) 2 (50%) 810M (79%)
Machinery 1 (11%) - 1 (25%) -
Manufacturing - - 1 (25%) 217M (21%)
Total 9 $3.7B 4 $1.0B

By Geo

State/Country Buy Value Sell Value
United States 9 3.7B 4 1.0B
  Georgia 3 115M - -
  California 1 193M 2 367M
  New York 2 3.4B - -
  Massachusetts 1 - 1 660M
  Illinois 1 - 1 -
  Wisconsin 1 - - -
Total 9 $3.7B 4 $1.0B

Top M&A Advisors

Financial Deals
UBS Investment Bank
2
Morgan Stanley
2
Hunter Wise Securities, LLC
1
Legal Deals
Wachtell, Lipton, Rosen & Katz
2
Olshan Frome Wolosky
1
Locke Lord
1

Deal Values

buy # Total
> $1B 1 $3.4B
$100M to $1B 2 $308M
TOTAL $3.7B
Largest Transatlantic Holdings, Inc.
$3.4B (2011-11-21)
sell # Total
$100M to $1B 3 $1.0B
TOTAL $1.0B
Largest Homesite Group, Inc.
$660M (2013-09-04)

M&A Connections

Deals
Acquired from
Strategic(s)
22%
2 (22%)
Divested to
Strategic(s)
100%
4 (100%)

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