M&A Deal Summary |
|
|---|---|
| Date | 2008-02-21 |
| Target | Procentury |
| Sector | Insurance |
| Buyer(s) | AmeriTrust Group |
| Sellers(s) | Stonehenge Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 273M USD |
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| Category | Company |
|---|---|
| Founded | 1955 |
| Sector | Insurance |
| Employees | 904 |
| Revenue | 742M USD (2014) |
AmeriTrust Group is a provider of specialty risk management solutions for agents, professional and trade associations, and small to medium-sized insureds. Meadowbrook includes several agencies, claims and loss prevention facilities, self-insured management organizations, and six property and casualty insurance underwriting companies. AmeriTrust Group was founded in 1955 and is based in Southfield, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector (Insurance) | 2 of 4 |
| Type (Add-on Acquisition) | 3 of 5 |
| State (Ohio) | 2 of 2 |
| Country (United States) | 3 of 5 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-17 |
U.S. Specialty Underwriters
Mayfield Heights, Ohio, United States USSU serves as a Underwriters to a wide variety of client groups including school districts, universities, health care systems, manufacturing, restaurants and retail chains. |
Buy | $23M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-19 |
Mackinaw Administrators
Brighton, Michigan, United States Mackinaw Administrators LLC is a provider of tailored insurance and risk management programs and other related services for both group and individual clients. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Stonehenge Partners is a private equity firm that seeks equity and mezzanine investments in lower middle-market companies with at least $10 million in sales. Stonehenge looks to invest ranging from $10 million to $50 million of equity/junior capital to support management buyouts, leveraged acquisitions, recapitalizations, and growth capital financings. Stonehenge prefers businesses operating in manufacturing, distribution, business services and healthcare. Stonehenge avoids investing in real estate, oil and gas, high technology and 'industries that are susceptible to a high degree of cyclicality'. Stonehenge was formed in 1999 and is based in Columbus, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 38 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 6 of 17 |
| State (Ohio) | 4 of 8 |
| Country (United States) | 11 of 37 |
| Year (2008) | 1 of 2 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-01 |
Microdynamics Group
Naperville, Illinois, United States Microdynamics Group is a Chicago-based national provider of personalized transactional printing, inserting, and mailing services. Clients include a wide variety of financial institutions, credit unions, commercial and industrial enterprises, health care, and utility companies. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-21 |
Biotronic NeuroNetwork
Ann Arbor, Michigan, United States Biotronic NeuroNetwork LLC is a patient centric healthcare organization that provides intraoperative neurophysiological monitoring services to surgeons and healthcare facilities across the U.S. |
Buy | - |
