AmeriTrust Group - M&A Summary, Ownership, and Business Overview

InsuranceCompany

AmeriTrust Group M&A Summary

AmeriTrust Group has acquired 5 companies of its own. A total of 1 acquisition came from private equity firms.

AmeriTrust Group’s largest acquisition to date was in 2008, when it acquired Procentury for $273M. AmeriTrust Group has acquired in 4 different US states. The Company’s most targeted sectors include insurance (80%) and financial services (20%).

AmeriTrust Group Ownership

Who owns AmeriTrust Group?

AmeriTrust Group is owned by AF Group. It was acquired on April 12, 2022.

AmeriTrust Group Business Overview

Where is AmeriTrust Group headquartered?

AmeriTrust Group is headquartered in Southfield, Michigan.

How many employees does AmeriTrust Group have?

AmeriTrust Group has 904 employees.

What sector is AmeriTrust Group in?

AmeriTrust Group is an insurance company.

When was AmeriTrust Group founded?

AmeriTrust Group was founded in 1955.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

AmeriTrust Group

AmeriTrust Group, Inc.

26255 American Drive,
Southfield, Michigan 48034
United States,
(248) 358-1100
www.ameritrustgroup.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $296M $296M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Carol P. Rummel Insurance Agency 2018-11-08 - Add-on Acquisition
Sarasota, Florida
Mackinaw Administrators LLC 2015-08-19 - Add-on Acquisition
Brighton, Michigan · www.mackinawadministrators.com
Procentury Corp. 2008-02-21 273M USD Add-on Acquisition
Columbus, Ohio · www.procentury.com
U.S. Specialty Underwriters, Inc. 2007-04-17 23M USD Add-on Acquisition
Mayfield Heights, Ohio · www.usspecialtyuw.com
TPA Associates, Inc. 1999-08-04 - Add-on Acquisition
Andover, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 4 (80%) 273M (92%) - -
Financial Services 1 (20%) 23M (8%) - -
Total 5 $296M - -

By Geo

State/Country Buy Value Sell Value
United States 5 296M - -
  Ohio 2 296M - -
  Michigan 1 - - -
  Massachusetts 1 - - -
  Florida 1 - - -
Total 5 $296M - -

Deal Values

buy # Total
$100M to $1B 1 $273M
< $100M 1 $23M
TOTAL $296M
Largest Procentury Corp.
$273M (2008-02-21)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)

Company Summary

SECTOR

Insurance

Revenue

742   2014
(millions of USD)

Employees

904

Established

1955

Former Name

Meadowbrook Insurance Group, Inc.

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