Travelers Companies - M&A Summary and Business Overview

InsuranceCompany

Travelers Companies M&A Summary

Travelers Companies has acquired 10 companies, including 4 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Travelers Companies’ largest acquisition to date was in 2013, when it acquired The Dominion of Canada General Insurance for $1.1B. Travelers Companies has acquired in 3 different US states, and 6 countries. The Company’s most targeted sectors include insurance (80%) and financial services (10%).

Travelers Companies Business Overview

Where is Travelers Companies headquartered?

Travelers Companies is headquartered in New York, New York.

What is Travelers Companies’ revenue?

Travelers Companies disclosed revenue of 41,373M USD for 2023 and 36,896M USD for 2022.

How many employees does Travelers Companies have?

Travelers Companies has 32,967 employees.

What sector is Travelers Companies in?

Travelers Companies is an insurance company.

When was Travelers Companies founded?

Travelers Companies was founded in 1853.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity10
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 9
  • M&A Advisors 5

Travelers Companies

The Travelers Companies, Inc.

485 Lexington Avenue,
New York, New York 10017
United States,
(917) 778-6000
www.travelers.com

Travelers Companies is an insurance provider of property casualty insurance for auto, home and business. Travelers Companies was founded in 1853 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 6 1 - 2 1 - 10
vol $2.0B $435M $2.4B
Sell (0.0/yr) # 2 - - - - - 2
  12

Most Recent M&A

Company Date Value Type
Corvus Insurance Holdings, Inc. 2023-11-03 435M USD Add-on Acquisition
Boston, Massachusetts · www.corvusinsurance.com
Fidelis MGU 2022-07-25 - Divestiture
Pembroke, Bermuda · www.fidelismgu.com
Trov Insurance Solutions LLC 2022-02-23 - Add-on Acquisition
Danville, California · www.trov.com
InsuraMatch LLC 2020-12-03 - Divestiture
Boston, Massachusetts · www.insuramatch.com
Simply Business Ltd. 2017-03-13 490M USD Add-on Acquisition
London, United Kingdom · www.simplybusiness.co.uk
J. Malucelli Participações em Seguros e Resseguros S.A. 2015-04-13 - Stake Purchase
Curitiba,, Brazil
Cardinal Compania de Seguros S.A. 2014-12-10 - Stake Purchase
Bogota, Colombia · www.cardinalseguros.com
The Dominion of Canada General Insurance Co. 2013-11-01 1.1B USD Divestiture
Toronto, Ontario · www.thedominion.ca
J. Malucelli Seguradora SA 2011-06-20 410M USD Add-on Acquisition
Curitiba, Brazil · www.jmalucelliseguradora.com.br
Unionamerica Holdings Ltd. 2008-12-29 - Divestiture
London, United Kingdom
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 8 (80%) 2.0B (83%) 2 (100%) -
Financial Services 1 (10%) 410M (17%) - -
Software 1 (10%) - - -
Total 10 $2.4B 2 -

By Geo

State/Country Buy Value Sell Value
United States 4 435M 1 -
  Massachusetts 2 435M - -
  California 1 - 1 -
  Minnesota 1 - - -
Brazil 2 410M - -
United Kingdom 1 490M 1 -
Bermuda 1 - - -
Canada 1 1.1B - -
  Ontario 1 1.1B - -
Colombia 1 - - -
Domestic 4 (40%) 435M (18%) 1 (50%) -
Cross-border 6 (60%) 2.0B (82%) 1 (50%) -
Total 10 $2.4B 2 -

Top M&A Advisors

Financial Deals
Greenhill & Co.
1
Jefferies
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
5
Barbosa, Müssnich & Aragão
1
Gowling Lafleur Henderson LLP
1

Deal Values

buy # Total
> $1B 1 $1.1B
$100M to $1B 3 $1.3B
TOTAL $2.4B
Largest The Dominion of Canada General Insurance Co.
$1.1B (2013-11-01)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Strategic(s)
30%
3 (30%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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