M&A Deal Summary |
|
|---|---|
| Date | 2010-09-14 |
| Target | United Investors Life Insurance |
| Sector | Insurance |
| Buyer(s) | Protective Life |
| Sellers(s) | Globe Life |
| Deal Type | Divestiture |
| Deal Value | 332M USD |
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| Category | Company |
|---|---|
| Founded | 1907 |
| Sector | Insurance |
| Employees | 2,402 |
| Revenue | 4.0B USD (2013) |
Protective Life Corporation provides financial services in the United States. The Company is engaged in the production, distribution, and administration of insurance and investment products. Protective Life Corp. was formed in 1907 and is headquartered in Birmingham, Alabama.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector (Insurance) | 2 of 4 |
| Type (Divestiture) | 1 of 1 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 3 of 8 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-28 |
Matrix Direct
San Diego, California, United States Matrix Direct is a direct marketer of term life insurance. Matrix Direct is licensed in 49 states and the District of Columbia, and has had a successful agency relationship with AIG American General since 2003. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-01 |
MONY Life Insurance
New York,, New York, United States MONY Life Insurance Company offers life insurance products. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1979 |
| Sector | Insurance |
| Employees | 3,261 |
| Revenue | 5.2B USD (2022) |
Globe Life is a holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies. Globe Life was founded in 1979 and is based in Mckinney, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1994-09-16 |
American Income Life Insurance
Waco, Texas, United States American Income Life Insurance Company has served working class families since 1951. Our life and supplemental accident and health products help protect members of labor unions, credit unions, associations and their families. AIL is a company that cares about its policyholders and worthy causes that make a difference in the world. |
Buy | $563M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-01 |
Family Heritage Life Insurance Company of America
Cleveland, Ohio, United States Family Heritage is a provider of supplemental health insurance and life insurance products to American families. Founded in 1989, the company specializes in life insurance and cancer, heart disease and stroke and accident insurance products with a return of premium feature. |
Buy | $219M |
