Aviva - M&A Summary and Business Overview

InsuranceCompany

Aviva M&A Summary

Aviva has acquired 15 companies, including 5 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 11 assets.

Aviva’s largest acquisition to date was in 2014, when it acquired Friends Life Group for $8.6B. It’s largest disclosed sale occurred in 2021, when it sold Aviva France SA to Aéma Groupe for $3.6B. Aviva has acquired in 5 countries. The Company’s most targeted sectors include insurance (50%) and financial services (29%).

Aviva Business Overview

Where is Aviva headquartered?

Aviva is headquartered in London, United Kingdom.

What is Aviva’s revenue?

Aviva disclosed revenue of 33,066M GBP for 2023 and 32,986M GBP for 2021.

How many employees does Aviva have?

Aviva has 26,382 employees.

What sector is Aviva in?

Aviva is an insurance company.

When was Aviva founded?

Aviva was founded in 1696.

M&A Summary

  • M&A Total Activity25
    • M&A Buy Activity14
    • M&A Sell Activity11
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 23
  • M&A Advisors 3

Aviva

Aviva Plc

80 Fenchurch Street,
London, EC3M 4AE
United Kingdom,
+44 (0)20 7283 2000
www.aviva.com

Aviva provides various insurance, retirement, investment, and savings products. Aviva was founded in 1696 and is based in London, England.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 9 - - 2 2 1 14
vol $9.0B $593M $862M $10.4B
Sell (0.8/yr) # 7 - 3 1 - - 11
vol $1.8B $7.4B $9.2B
  25

Most Recent M&A

Company Date Value Type
Probitas 1492 Services Ltd. 2024-03-04 - Add-on Acquisition
London, United Kingdom · www.probitas1492.com
Optiom, Inc. 2023-11-27 154M GBP Add-on Acquisition
Calgary, Alberta · www.optiom.com
AIG Life Ltd. 2023-09-25 708M GBP Divestiture
London, United Kingdom · www.aiglife.co.uk
Azur Underwriting - Personal Lines Business 2022-08-02 - Divestiture
, United Kingdom
Neos Ventures Ltd. 2022-04-20 - Divestiture
Isleworth, United Kingdom · www.neos.co.uk
Succession Advisory Services Ltd. 2022-03-02 593M GBP Add-on Acquisition
Birmingham, United Kingdom · www.successionadvisoryservices.com
Aviva sp. Z o. o. 2021-03-26 3.0B EUR Divestiture
Warszawa, Poland · www.aviva.pl
Aviva - Life Insurance Businesses 2021-03-04 711M GBP Divestiture
London, United Kingdom
Aviva France SA 2021-02-23 3.6B EUR Divestiture
Paris, France · www.aviva.fr
Neos Ventures Ltd. 2018-11-21 - Add-on Acquisition
Isleworth, United Kingdom · www.neos.co.uk
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Norwich Union PLC 2001-02-21 Norwich Union Mortgage Club 2004-04-23 1
Norwich, United Kingdom , United Kingdom

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 7 (50%) 1.0B (10%) 8 (73%) 7.5B (82%)
Financial Services 4 (29%) 9.2B (89%) - -
Business Services 2 (14%) 185M (2%) 1 (9%) 145M (2%)
Electronics 1 (7%) - 1 (9%) -
Consumer Services - - 1 (9%) 1.5B (17%)
Total 14 $10.4B 11 $9.2B

By Geo

State/Country Buy Value Sell Value
United Kingdom 10 10.1B 5 2.4B
France 1 - 2 3.6B
Poland 1 - 1 3.0B
Canada 1 154M - -
  Alberta 1 154M - -
Ireland 1 146M - -
Italy - - 1 -
Sri Lanka - - 1 109M
Turkey - - 1 -
Domestic 10 (71%) 10.1B (97%) 5 (45%) 2.4B (26%)
Cross-border 4 (29%) 300M (3%) 6 (55%) 6.8B (74%)
Total 14 $10.4B 11 $9.2B

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
2
Morgan Stanley
1
Legal Deals
Slaughter and May
1

Deal Values

buy # Total
> $1B 1 $8.6B
$100M to $1B 5 $1.8B
TOTAL $10.4B
Largest Friends Life Group Ltd.
$8.6B (2014-12-02)
sell # Total
> $1B 3 $8.2B
$100M to $1B 3 $966M
TOTAL $9.2B
Largest Aviva France SA
$3.6B (2021-02-23)

M&A Connections

Deals
Acquired from
Investor(s)
29%
4 (29%)
Strategic(s)
21%
3 (21%)
Divested to
Investor(s)
36%
4 (36%)
Strategic(s)
64%
7 (64%)

 Subscribe to unlock this and 206,651
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

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
  • 199K M&A Transactions
  • 202K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 80K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.