InsuranceCompany
Allstate M&A Summary
Allstate has acquired 16 companies, including 3 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 5 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 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 information technology (15%).
Allstate Business Overview
Where is Allstate headquartered?
Allstate is headquartered in Northbrook, Illinois.
What is Allstate’s revenue?
Allstate disclosed revenue of 57,094M USD for 2023 and 51,411M USD for 2022.
How many employees does Allstate have?
Allstate has 53,000 employees.
What sector is Allstate in?
Allstate is an insurance company.
When was Allstate founded?
Allstate was founded in 1931.
M&A Summary
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M&A Total Activity19
- M&A Buy Activity14
- M&A Sell Activity5
- Total Sectors Invested 7
- Total Countries Invested 1
- M&A Buy/Sell Connections 14
- M&A Advisors 4