Mercury - M&A Summary and Business Overview

InsuranceCompany

Mercury M&A Summary

Mercury has acquired 2 companies.

Mercury’s largest acquisition to date was in 2008, when it acquired Auto Insurance Specialists for $120M. Mercury has acquired in 1 US state. The Company’s most targeted sectors include insurance (100%).

Mercury Business Overview

Where is Mercury headquartered?

Mercury is headquartered in Los Angeles, California.

What is Mercury’s revenue?

Mercury disclosed revenue of 4,630M USD for 2023 and 3,643M USD for 2022.

How many employees does Mercury have?

Mercury has 4,300 employees.

What sector is Mercury in?

Mercury is an insurance company.

When was Mercury founded?

Mercury was founded in 1961.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1

Mercury

Mercury General Corp.

4484 Wilshire Boulevard,
Los Angeles, California 90010
United States,
(323) 937-1060
www.mercuryinsurance.com

Mercury is primarily engaged in writing personal automobile insurance in a number of states, principally California. The Company also writes homeowners, commercial automobile and property, mechanical breakdown, fire, and umbrella insurance. Mercury was founded in 1961 and is based in Los Angeles, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $128M $128M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Workmen's Auto Insurance Company 2014-10-23 8M USD Add-on Acquisition
Los Angeles, California · www.waic.com
Auto Insurance Specialists, Inc. 2008-10-15 120M USD Add-on Acquisition
El Segundo, California · www.aisinsurance.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 2 (100%) 128M (100%) - -
Total 2 $128M - -

By Geo

State/Country Buy Value Sell Value
United States 2 128M - -
  California 2 128M - -
Total 2 $128M - -

Deal Values

buy # Total
$100M to $1B 1 $120M
< $100M 1 $8M
TOTAL $128M
Largest Auto Insurance Specialists, Inc.
$120M (2008-10-15)

Company Summary

SECTOR

Insurance

Revenue

4,630   28% 2023
3,643   9% 2022
3,993   6% 2021
3,785   5% 2020
3,973   18% 2019
3,380   2% 2018
3,416   6% 2017
3,228   8% 2016
3,009   1% 2015
3,012   7% 2014
2,821   2% 2013
2,783   2012
(millions of USD) Show More Show Less

Employees

4,300

Established

1961

Public

NYSE: MCY

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