Allstate M&A Summary
Allstate has acquired 16 companies, including 2 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 7 assets.
Allstate’s largest acquisition to date was in 2020, when it acquired National General Holdings for $4.0B. It’s largest disclosed sale occurred in 2021, when it sold Everlake Life Insurance Co. to The Blackstone Group for $4.0B. Allstate has acquired in 8 different US states. The Company’s most targeted sectors include insurance (43%) and software (15%).
M&A Summary
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M&A Total Activity21
- M&A Buy Activity14
- M&A Sell Activity7
- Total Sectors Invested 7
- Total Countries Invested 1
- M&A Buy/Sell Connections 16