National General Holdings - M&A Summary, Ownership, and Business Overview

InsuranceCompany

National General Holdings M&A Summary

National General Holdings has acquired 13 companies of its own. A total of 1 acquisition came from private equity firms.

National General Holdings’ largest acquisition to date was in 2016, when it acquired Century-National Insurance for $315M. National General Holdings has acquired in 7 different US states. The Company’s most targeted sectors include insurance (85%) and software (8%).

National General Holdings Ownership

Who owns National General Holdings?

National General Holdings is owned by The Allstate. It was acquired on July 7, 2020.

National General Holdings Business Overview

Where is National General Holdings headquartered?

National General Holdings is headquartered in New York, New York.

What is National General Holdings’ revenue?

National General Holdings disclosed revenue of 5,180M USD for 2019 and 4,608M USD for 2018.

How many employees does National General Holdings have?

National General Holdings has 8,440 employees.

What sector is National General Holdings in?

National General Holdings is an insurance company.

When was National General Holdings founded?

National General Holdings was founded in 1939.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity13
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

National General Holdings Corp.

59 Maiden Lane, 38th Floor,
New York, New York 10038
United States,
(212) 380-9500
www.nationalgeneral.com

National General Holdings Corp. is a specialty personal lines insurance holding company that provides personal and commercial automobile, recreational vehicle, motorcycle, homeowners, supplemental health, and other niche insurance products. National General Holdings was founded in 1939 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 13 - - - - - 13
vol $727M $727M
Sell (0.0/yr) # - - - - - - 0
  13

Most Recent M&A

Company Date Value Type
QBE Investments (North America), Inc. - National Farmers Union Insurance 2018-11-13 - Divestiture
Sun Prairie, Wisconsin
AmTrust Financial Services, Inc. - Personal Lines Policy Administration System 2017-09-14 200M USD Divestiture
New York, New York
HealthCompare Insurance Services, Inc. 2017-01-17 - Divestiture
Orange, California · www.healthcompare.com
Quotit Corp. 2017-01-17 - Divestiture
Orange, California · www.quotit.com
Standard Property & Casualty Insurance Co. 2016-10-07 - Add-on Acquisition
Springfield, Illinois · www.standardmutual.com
Direct General Corp. 2016-06-24 165M USD Add-on Acquisition
Nashville, Tennessee · www.directgeneral.com
Standard Mutual Insurance Co. 2016-01-27 - Add-on Acquisition
Springfield, Illinois · www.standardmutual.com
Century-National Insurance Co. 2016-01-25 315M USD Add-on Acquisition
Van Nuys, California
QBE North America - Lender-Placed Insurance Business 2015-07-15 - Divestiture
, United States
Assigned Risk Solutions Ltd. 2015-04-01 47M USD Divestiture
Bethpage, New York · www.arsautoins.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 11 (85%) 727M (100%) - -
Internet Software and Services 1 (8%) - - -
Software 1 (8%) - - -
Total 13 $727M - -

By Geo

State/Country Buy Value Sell Value
United States 13 727M - -
  Illinois 3 - - -
  California 3 315M - -
  Louisiana 2 - - -
  New York 2 247M - -
  Wisconsin 1 - - -
  Tennessee 1 165M - -
Total 13 $727M - -

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Legal Deals
Kramer Levin Naftalis & Frankel
2
Locke Lord
1

Deal Values

buy # Total
$100M to $1B 3 $680M
< $100M 1 $47M
TOTAL $727M
Largest Century-National Insurance Co.
$315M (2016-01-25)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
46%
6 (46%)

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