Markel - M&A Summary and Business Overview

InsuranceCompany

Markel M&A Summary

Markel has acquired 14 companies, including 4 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Markel’s largest acquisition to date was in 2012, when it acquired Alterra Capital Holdings for $3.1B. Markel has acquired in 6 different US states, and 5 countries. The Company’s most targeted sectors include insurance (65%) and consumer products (8%).

Markel Business Overview

Where is Markel headquartered?

Markel is headquartered in Glen Allen, Virginia.

What is Markel’s revenue?

Markel disclosed revenue of 15,714M USD for 2023 and 11,813M USD for 2022.

How many employees does Markel have?

Markel has 21,600 employees.

What sector is Markel in?

Markel is an insurance company.

When was Markel founded?

Markel was founded in 1930.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity14
  • Total Sectors Invested 6
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 2
  • M&A Advisors 6

Markel

Markel Group, Inc.

4521 Highwoods Parkway ,
Glen Allen, Virginia 23060
United States,
(804) 747-0136
www.markel.com

Markel is a diverse financial holding company serving a variety of niche markets through underwrites specialty insurance products. Markel was founded in 1930 and is based in Glen Allen, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 11 1 1 - - 1 14
vol $4.4B $4.4B
Sell (0.0/yr) # - - - - - - 0
  14

Most Recent M&A

Company Date Value Type
Valor Environmental 2024-06-25 - Add-on Acquisition
Winter Springs, Florida · www.valorenv.com
Metromont LLC 2021-12-13 - Add-on Acquisition
Greenville, South Carolina · www.metromont.com
Lansing Building Products 2020-03-16 - Add-on Acquisition
Richmond, Virginia · www.lansingbp.com
VSC Fire & Security, Inc. 2019-11-08 - Add-on Acquisition
Ashland, Virginia · www.vscfire.com
Brahmin Leather Works, Inc. 2018-09-17 - Add-on Acquisition
Orlando, Florida · www.brahmin.com
Nephila Capital Ltd. 2018-08-31 - Add-on Acquisition
Hamilton, Bermuda · www.nephila.com
State National Companies, Inc. 2017-07-26 919M USD Add-on Acquisition
Bedford, Texas · www.statenational.com
Allsport Insurance Marketing Ltd. 2017-04-06 - Add-on Acquisition
Burnaby, British Columbia · www.allsportinsurance.com
SureTec Financial Corp. 2017-02-01 250M USD Add-on Acquisition
Austin, Texas · www.suretec.com
MDT Makler der Touristik GmbH Assekuranzmakler 2014-10-08 - Add-on Acquisition
Dreieich, Germany · www.mdt24.de
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Nephila Capital Ltd. 2018-08-31 Velocity Risk Underwriters LLC 2021-12-28 1
Hamilton, Bermuda · www.nephila.com Nashville, Tennessee · www.velocityrisk.com
Lansing Building Products 2020-03-16 Harvey Building Products - Distribution Business 2020-03-16 1
Richmond, Virginia · www.lansingbp.com Waltham, Massachusetts
Markel Ventures, Inc.    - Weldship Corp. 2011-10-19 2
Glen Allen, Virginia · www.markelventures.com Bethlehem, Pennsylvania · www.weldship.com
Markel Ventures, Inc.    - AMF Bakery Systems, Inc. 2011-09-06 1
Glen Allen, Virginia · www.markelventures.com Richmond, Virginia · www.amfbakery.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 9 (64%) 4.4B (100%) - -
Building Materials 1 (7%) - - -
Construction 1 (7%) - - -
Consumer Products 1 (7%) - - -
Environmental 1 (7%) - - -
Safety/Security 1 (7%) - - -
Total 14 $4.4B - -

By Geo

State/Country Buy Value Sell Value
United States 9 1.3B - -
  Virginia 2 - - -
  Texas 2 1.2B - -
  Florida 2 - - -
  South Carolina 1 - - -
  Nebraska 1 135M - -
  Georgia 1 - - -
Bermuda 2 3.1B - -
Canada 1 - - -
  British Columbia 1 - - -
Germany 1 - - -
United Kingdom 1 - - -
Domestic 9 (64%) 1.3B (29%) - -
Cross-border 5 (36%) 3.1B (71%) - -
Total 14 $4.4B - -

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
1
TigerRisk Partner LLC (TigerRisk Capital Markets & Advisory)
1
Legal Deals
Sidley
2
Appleby Global
1
Debevoise & Plimpton
1

Deal Values

buy # Total
> $1B 1 $3.1B
$100M to $1B 3 $1.3B
TOTAL $4.4B
Largest Alterra Capital Holdings Ltd.
$3.1B (2012-12-19)

M&A Connections

Deals
Acquired from
Investor(s)
14%
2 (14%)

 Subscribe to unlock this and 204,418
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 196K M&A Transactions
  • 200K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 77K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.