Progressive Mergers and Acquisitions Summary


Progressive has acquired 3 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Progressive’s largest acquisition to date was in 2014, when it acquired American Strategic Insurance for $875M. Progressive has acquired in 3 different US states. The Company’s most targeted sectors include insurance (100%).

Join Mergr and gain access to Progressive’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the insurance sector.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1


Progressive Corp.

6300 Wilson Mills Road,
Mayfield Village, Ohio 44143
United States,
(440) 461-5000

Progressive of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it's most convenient for them. Progressive was founded in 1937 and is based in Mayfield Village, Ohio.

M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.2/yr) # 2 - - - 1 - 3
vol $875M $338M $1.2B
Sell (0.0/yr) # - - - - - - 0

Most Recent M&A

Company Date Value Type
Protective Insurance Corp. 2021-06-01 338M USD Add-on Acquisition
Carmel, Indiana ·
American Strategic Insurance Corp. 2014-12-17 875M USD Add-on Acquisition
St. Petersburg, Florida ·
Midland Financial Group, Inc. 1995-12-31 - Add-on Acquisition
Memphis, Tennessee
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 3 (100%) 1.2B (100%) - -
Total 3 $1.2B - -

By Geo

State/Country Buy Value Sell Value
United States 3 1.2B - -
  Tennessee 1 - - -
  Indiana 1 338M - -
  Florida 1 875M - -
Total 3 $1.2B - -

Deal Values

buy # Total
$100M to $1B 2 $1.2B
Largest American Strategic Insurance Corp.
$875M (2014-12-17)

M&A Connections

Acquired from
1 (33%)

 Subscribe to unlock this and 180,003
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)
  • 4.3K Private Equity Firms
  • 170K M&A Transactions
  • 176K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 63K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.