Irish Life Group - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Irish Life Group M&A Summary

Irish Life Group has acquired 5 companies of its own, including 1 in the last 5 years. It has also divested 2 assets.

Irish Life Group’s largest acquisition to date was in 2021, when it acquired Ark Life Assurance for $259M. It’s largest disclosed sale occurred in 2005, when it sold City of Westminster Assurance to Chesnara for $79M. Irish Life Group has acquired in 2 countries. The Company’s most targeted sectors include insurance (100%).

Irish Life Group Ownership

Who owns Irish Life Group?

Irish Life Group is owned by Great-West Lifeco. It was acquired on July 18, 2013.

Irish Life Group Business Overview

Where is Irish Life Group headquartered?

Irish Life Group is headquartered in Dublin,, Ireland.

What sector is Irish Life Group in?

Irish Life Group is an insurance company.

When was Irish Life Group founded?

Irish Life Group was founded in 1939.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity5
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Irish Life Group Ltd.

Irish Life Centre Lower Abbey Street,
Dublin,,
Ireland,
353 1 704 1010
www.irishlifegroup.ie

Irish Life Group Ltd. provides risk protection, pensions, savings, and investment products for individual and group markets.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 - 1 - - - 5
vol $259M $259M
Sell (0.2/yr) # 1 1 - - - - 2
vol $79M $79M
  7

Most Recent M&A

Company Date Value Type
Ark Life Assurance Co. 2021-07-13 259M EUR Divestiture
Dublin, Ireland · www.arklife.ie
Irish Progressive Services International Ltd. 2020-02-10 - Divestiture
Dublin, Ireland · www.ipsi.ie
GloHealth Financial Services Ltd. 2016-03-09 - Stake Purchase
Dublin, Ireland · www.glohealth.ie
Aviva Health Insurance Ireland Ltd. 2016-03-09 - Add-on Acquisition
Dublin, Ireland · www.avivahealth.ie
GloHealth Financial Services Ltd. 2012-01-01 - Stake Purchase
Dublin, Ireland · www.glohealth.ie
City of Westminster Assurance Co. Ltd. 2005-05-05 79M EUR Divestiture
St Alban’s, United Kingdom
City of Westminster Assurance Co. Ltd. 1993-01-01 - Add-on Acquisition
St Alban’s, United Kingdom
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 5 (100%) 259M (100%) 1 (50%) 79M (100%)
Information Technology - - 1 (50%) -
Total 5 $259M 2 $79M

By Geo

State/Country Buy Value Sell Value
Ireland 4 259M 1 -
United Kingdom 1 - 1 79M
Domestic 4 (80%) 259M (100%) 1 (50%) -
Cross-border 1 (20%) - 1 (50%) 79M (100%)
Total 5 $259M 2 $79M

Deal Values

buy # Total
$100M to $1B 1 $259M
TOTAL $259M
Largest Ark Life Assurance Co.
$259M (2021-07-13)
sell # Total
< $100M 1 $79M
TOTAL $79M
Largest City of Westminster Assurance Co. Ltd.
$79M (2005-05-05)

M&A Connections

Deals
Acquired from
Strategic(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Insurance

Established

1939

Former Name

Irish Life Ltd.

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