Nassau Financial Group - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Nassau Financial Group M&A Summary

Nassau Financial Group has acquired 4 companies of its own, including 2 in the last 5 years. It has also divested 1 asset.

Nassau Financial Group’s largest acquisition to date was in 2015, when it acquired The Phoenix Companies for $217M. Nassau Financial Group has acquired in 3 different US states. The Company’s most targeted sectors include insurance (100%).

Nassau Financial Group Ownership

Who owns Nassau Financial Group?

Nassau Financial Group is owned by Golden Gate Capital. It was acquired on May 13, 2015.

Is Nassau Financial Group PE-backed?

Yes. Nassau Financial Group is owned by private equity investor Golden Gate Capital.

Nassau Financial Group Business Overview

Where is Nassau Financial Group headquartered?

Nassau Financial Group is headquartered in Hartford, Connecticut.

What sector is Nassau Financial Group in?

Nassau Financial Group is an insurance company.

When was Nassau Financial Group founded?

Nassau Financial Group was founded in 2015.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity4
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Nassau Financial Group

Nassau Financial Group

One American Row,
Hartford, Connecticut 06102
United States,
(800) 813-8180
www.nfg.com

Nassau Financial Group is an insurance and reinsurance business focused on acquiring and operating onshore and offshore platforms with long tail liabilities in the life, annuity and long term care sectors. Nassau Financial Group was founded in 2015 and is based in Hartford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - - 1 - - 4
vol $248M $248M
Sell (0.2/yr) # - - 1 - - - 1
  5

Most Recent M&A

Company Date Value Type
Delaware Life Insurance Company of New York 2022-11-18 - Divestiture
New York, New York
Saybrus Partners LLC 2021-07-27 - Divestiture
Hartford, Connecticut · www.saybruspartners.com
Foresters Life Insurance and Annuity Co. (FLIAC) 2019-10-17 - Divestiture
Edison, New Jersey
Universal American Corp. - Traditional Insurance Business 2016-08-03 31M USD Divestiture
White Plains, New York
The Phoenix Companies, Inc. 2015-09-29 217M USD Add-on Acquisition
Hartford,, Connecticut · www.phoenixwm.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 4 (100%) 248M (100%) 1 (100%) -
Total 4 $248M 1 -

By Geo

State/Country Buy Value Sell Value
United States 4 248M 1 -
  New York 2 31M - -
  Connecticut 1 217M 1 -
  New Jersey 1 - - -
Total 4 $248M 1 -

Top M&A Advisors

Financial Deals
Macquarie Capital
1
Legal Deals
Debevoise & Plimpton
2

Deal Values

buy # Total
$100M to $1B 1 $217M
< $100M 1 $31M
TOTAL $248M
Largest The Phoenix Companies, Inc.
$217M (2015-09-29)

M&A Connections

Deals
Acquired from
Strategic(s)
75%
3 (75%)
Divested to
Strategic(s)
100%
1 (100%)

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