CNO Financial Group - M&A Summary and Business Overview

InsuranceCompany

CNO Financial Group M&A Summary

CNO Financial Group has acquired 7 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

CNO Financial Group’s largest acquisition to date was in 1998, when it acquired Green Tree Financial for $6.4B. CNO Financial Group has acquired in 6 different US states. The Company’s most targeted sectors include business services (29%) and marketing (29%).

CNO Financial Group Business Overview

Where is CNO Financial Group headquartered?

CNO Financial Group is headquartered in Carmel, Indiana.

What is CNO Financial Group’s revenue?

CNO Financial Group disclosed revenue of 4,147M USD for 2023 and 3,577M USD for 2022.

How many employees does CNO Financial Group have?

CNO Financial Group has 3,500 employees.

What sector is CNO Financial Group in?

CNO Financial Group is an insurance company.

When was CNO Financial Group founded?

CNO Financial Group was founded in 1979.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

CNO Financial Group

CNO Financial Group, Inc.

11825 North Pennsylvania Street,
Carmel, Indiana 46032
United States,
(317) 817-6100
www.cnoinc.com

CNO Financial Group develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets. CNO Financial was incorporated in 1979 and is based in Carmel, Indiana.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 6 - 1 - - - 7
vol $6.4B $6.4B
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
DirectPath 2021-02-09 - Add-on Acquisition
Birmingham, Massachusetts · www.directpathhealth.com
Web Benefits Design Corp. 2019-04-29 - Add-on Acquisition
Orlando, Florida · www.wbdcorp.com
Consolidated Marketing Group 1999-06-03 - Add-on Acquisition
New Port Richey, Florida
Inter-State Service, Inc. 1999-06-03 - Add-on Acquisition
Overland Park, Kansas
TLC National Marketing Co. 1999-06-03 - Add-on Acquisition
Dallas, Texas
Green Tree Financial Corp. 1998-04-08 6.4B USD Add-on Acquisition
, United States
Life Partners Group, Inc. 1996-08-01 - Merger
Englewood, Colorado · www.lphi.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Green Tree Financial Corp. 1998-04-08 Green Tree Financial Servicing Corp. - Franchise & Aircraft Business 1999-08-30 1
, United States , United States

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (29%) - - -
Marketing 2 (29%) - - -
Financial Services 1 (14%) 6.4B (100%) - -
Information Technology 1 (14%) - - -
Insurance 1 (14%) - - -
Total 7 $6.4B - -

By Geo

State/Country Buy Value Sell Value
United States 7 6.4B - -
  Florida 2 - - -
  Texas 1 - - -
  Massachusetts 1 - - -
  Kansas 1 - - -
  Colorado 1 - - -
Total 7 $6.4B - -

Top M&A Advisors

Financial Deals
RBC Capital Markets
 1
Deutsche Bank Corporate & Investment Banking
 1

Deal Values

buy # Total
> $1B 1 $6.4B
TOTAL $6.4B
Largest Green Tree Financial Corp.
$6.4B (1998-04-08)

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)

Company Summary

SECTOR

Insurance

Revenue

4,147   16% 2023
3,577   14% 2022
4,122   8% 2021
3,821   5% 2020
4,016   7% 2019
4,314   1% 2018
4,297   8% 2017
3,985   5% 2016
3,812   9% 2015
4,145   8% 2014
4,476   4% 2013
4,342   2012
(millions of USD) Show More Show Less

Employees

3,500

Established

1979

Public

NYSE: CNO

Former Name

Conseco, Inc.

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for CNO Financial Group

Indiana Companies , Insurance Companies , United States Companies , Indiana Insurance Companies , Indiana Insurance with Acquisitions , Indiana Insurance with Divestitures

Related Lists for Indiana Companies

Largest Indiana Companies , Acquisitive Indiana Companies , Recently Acquired Indiana Companies , Recently Sold Indiana Companies , Private Indiana Companies , Public Indiana Companies , Acquired Indiana Companies , PE Backed Indiana Companies

Related Lists for Insurance Companies

Largest Insurance Companies , Acquisitive Insurance Companies , Recently Acquired Insurance Companies , Recently Sold Insurance Companies , Private Insurance Companies , Public Insurance Companies , Acquired Insurance Companies , PE Backed Insurance Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal