M&A Deal Summary

Everest Reinsurance Holdings Acquires Mt. McKinley Insurance

On September 19, 2000, Everest Reinsurance Holdings acquired insurance company Mt. McKinley Insurance from The Prudential Insurance Company of America for 52M USD

Acquisition Highlights
  • This is Everest Reinsurance Holdings’ 1st transaction in the Insurance sector.
  • This is Everest Reinsurance Holdings’ largest (disclosed) transaction.
  • This is Everest Reinsurance Holdings’ 1st transaction in the United States.
  • This is Everest Reinsurance Holdings’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2000-09-19
Target Mt. McKinley Insurance
Sector Insurance
Buyer(s) Everest Reinsurance Holdings
Sellers(s) The Prudential Insurance Company of America
Deal Type Divestiture
Deal Value 52M USD

Target

Mt. McKinley Insurance

Liberty Corner, New Jersey, United States
Mt. McKinley Insurance Co., is a insurance service provider.

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Buyer(S) 1

Buyer

Everest Reinsurance Holdings

Liberty Corner, New Jersey, United States
Category Company
Sector Insurance
Employees656
DESCRIPTION

Everest Reinsurance Holdings, Inc., provides reinsurance to property and casualty and life insurers.

DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 2
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-11 Premiere Insurance Underwriting Services

Toronto, Ontario, Canada

Premiere Insurance Underwriting Services, Inc., a managing general agent, specializing in entertainment,sports and leisure related risks.

Buy -

Seller(S) 1

SELLER

The Prudential Insurance Company of America

Newark, New Jersey, United States
Category Company
Founded 1873
Sector Insurance
DESCRIPTION

The Prudential Insurance Company of America, Inc., provides insurance services.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 Primary Energy Recycling

Oak Brook, Illinois, United States

Primary Energy Recycling is a developer, owner and operator of power and thermal cogeneration systems onsite at industrial facilities. Primary Energy Recycling was founded in 2003 and is based in Oak Brook, Illinois.

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