Protective Life - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Protective Life M&A Summary

Protective Life has acquired 8 companies of its own, including 3 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Protective Life’s largest acquisition to date was in 2010, when it acquired United Investors Life Insurance for $332M. Protective Life has acquired in 6 different US states. The Company’s most targeted sectors include insurance (50%) and consumer services (25%).

Protective Life Ownership

Who owns Protective Life?

Protective Life is owned by Dai-ichi Life Holdings. It was acquired on October 6, 2014.

Protective Life Business Overview

Where is Protective Life headquartered?

Protective Life is headquartered in Birmingham, Alabama.

How many employees does Protective Life have?

Protective Life has 2,402 employees.

What sector is Protective Life in?

Protective Life is an insurance company.

When was Protective Life founded?

Protective Life was founded in 1907 .

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity8
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 1

Protective Life Corp.

2801 Highway 280 South,
Birmingham, Alabama 35223
United States,
(205) 268-1000
www.protective.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 5 1 - 1 - 1 8
vol $507M $507M
Sell (0.0/yr) # 1 - - - - - 1
  9

Most Recent M&A

Company Date Value Type
ShelterPoint Life 2024-04-09 - Add-on Acquisition
Garden City, New York · www.shelterpoint.com
AUL Corp. 2022-03-21 - Add-on Acquisition
Napa, California · www.aulcorp.com
Interstate National Corporation 2020-09-25 - Add-on Acquisition
Atlanta, Georgia · www.revolos.com
United States Warranty Corp. 2016-08-18 - Add-on Acquisition
Pompano Beach, Florida · www.uswarranty.com
MONY Life Insurance Co. 2013-04-01 - Add-on Acquisition
New York,, New York
United Investors Life Insurance Co. 2010-09-14 332M USD Divestiture
Hoover, Alabama · www.uilic.com
Matrix Direct, Inc. 2007-02-28 - Divestiture
San Diego, California · www.matrixdirect.com
Matrix Direct, Inc. 1999-01-01 - Add-on Acquisition
San Diego, California · www.matrixdirect.com
United Dental Care, Inc. 1998-03-01 175M USD Add-on Acquisition
Dallas, Texas
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Protective Life Insurance Co.    - Genworth Financial - Certain Blocks of Term Life Insurance 2016-01-15 1
Birmingham, Alabama · www.protective.com/individuals/life-insurance.aspx , United States

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 4 (50%) 332M (65%) 1 (100%) -
Consumer Services 2 (25%) - - -
Financial Services 1 (13%) - - -
Healthcare Services 1 (13%) 175M (35%) - -
Total 8 $507M 1 -

By Geo

State/Country Buy Value Sell Value
United States 8 507M 1 -
  California 2 - 1 -
  New York 2 - - -
  Georgia 1 - - -
  Florida 1 - - -
  Alabama 1 332M - -
  Texas 1 175M - -
Total 8 $507M 1 -

Top M&A Advisors

Legal Deals
Maynard Nexsen
2

Deal Values

buy # Total
$100M to $1B 2 $507M
TOTAL $507M
Largest United Investors Life Insurance Co.
$332M (2010-09-14)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
13%
1 (13%)
Divested to
Strategic(s)
100%
1 (100%)

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