M&A Deal Summary

Auto Club Insurance Association Acquires MEEMIC Insurance

On April 2, 2009, Auto Club Insurance Association acquired insurance company MEEMIC Insurance

Acquisition Highlights
  • This is Auto Club Insurance Association’s 1st transaction in the Insurance sector.
  • This is Auto Club Insurance Association’s 1st transaction in the United States.
  • This is Auto Club Insurance Association’s 1st transaction in Michigan.

M&A Deal Summary

Date 2009-04-02
Target MEEMIC Insurance
Sector Insurance
Buyer(s) Auto Club Insurance Association
Deal Type Add-on Acquisition

Target

MEEMIC Insurance

Auburn Hills, Michigan, United States
website
MEEMIC provides auto, homeowners, boat, and umbrella insurance to employees of educational institutions and their families.

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Buyer(S) 1

Buyer

Auto Club Insurance Association

Dearborn, Michigan, United States

Category Company
Founded 1922
Sector Insurance
DESCRIPTION

Auto Club Insurance Association Company is a provider of auto and home insurance products and services.


DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 2
Country (United States) 1 of 2
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-18 Fremont Michigan Insuracorp

Fremont, Michigan, United States

Fremont Michigan Insuracorp provides property and casualty insurance to individuals, farms and small businesses exclusively in Michigan.

Buy $68M