M&A Deal Summary

Madison Dearborn Partners Acquires The Amynta Group

On November 6, 2017, private equity firm Madison Dearborn Partners acquired insurance company The Amynta Group from AmTrust Financial for 1.2B USD

Acquisition Highlights
  • This is Madison Dearborn Partners’ 3rd transaction in the Insurance sector.
  • This is Madison Dearborn Partners’ 10th largest (disclosed) transaction.
  • This is Madison Dearborn Partners’ 62nd transaction in the United States.
  • This is Madison Dearborn Partners’ 9th transaction in New York.

M&A Deal Summary

Date 2017-11-06
Target The Amynta Group
Sector Insurance
Buyer(s) Madison Dearborn Partners
Sellers(s) AmTrust Financial
Deal Type Divestiture
Deal Value 1.2B USD

Target

The Amynta Group

New York, New York, United States
website
The Amynta Group distributes commercial insurance products through managing general agents, offers niche insurance services through specialty risk managers, and provides extended warranties and other financial protection plans for automotive and consumer products.

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Buyer(S) 1

Buyer

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 28.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.


DEAL STATS #
Overall 73 of 97
Sector (Insurance) 3 of 4
Type (Divestiture) 7 of 10
State (New York) 9 of 9
Country (United States) 62 of 83
Year (2017) 4 of 4
Size (of disclosed) 10 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 Ardonagh Group

Jersey, United Kingdom

Ardonagh Group is an independent insurance distribution platform offers a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. Ardonagh Group was founded in 2017 and is based in Jersey, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-18 Navisite

Warrendale, Pennsylvania, United States

Navisite is a modern managed cloud service provider that accelerates IT transformation for thousands of growing and established global brands. Through its deep technical knowledge and strategic relationships with the world’s leading cloud providers, proven delivery methodologies, platform-agnostic approach and worldwide network of highly specialized experts, the company provide the capabilities and practical guidance customers need to successfully embrace IT change and move their businesses forward.

Buy -

Seller(S) 1

SELLER

AmTrust Financial

New York, New York, United States

website


Category Company
Founded 1998
Sector Insurance
Employees5,100
Revenue 4.7B USD (2015)
DESCRIPTION
AmTrust Financial office in downtown Cleveland, Ohio.
AmTrust Financial office in downtown Cleveland, Ohio.

AmTrust Financial is a provider of property and casualty insurance to small businesses. AmTrust insurance products include multiline small business, warranty and specialty risk, specialty program business insurance services. AmTrust Financial was formed in 1998 and is based in New York City.


DEAL STATS #
Overall 2 of 3
Sector (Insurance) 2 of 3
Type (Divestiture) 2 of 3
State (New York) 2 of 3
Country (United States) 2 of 3
Year (2017) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-14 AmTrust Financial Services - Personal Lines Policy Administration System

New York, New York, United States

AmTrust Financial Services, Inc. - Personal Lines Policy Administration System business comprises a business unit which offers personal line insurance products. The asset is located in the United States.

Sell $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-15 AmTrust Financial Services - Global Surety & Credit Reinsurance Operations

New York, New York, United States

AmTrust Financial Services, Inc. - Global Surety & Credit Reinsurance Operations is a provider of insurance services.

Sell -