Securian Financial Group - M&A Summary and Business Overview

Financial ServicesCompany

Securian Financial Group M&A Summary

Securian Financial Group has acquired 6 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

Securian Financial Group has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include financial services (34%) and insurance (34%).

Securian Financial Group Business Overview

Where is Securian Financial Group headquartered?

Securian Financial Group is headquartered in St. Paul, Minnesota.

How many employees does Securian Financial Group have?

Securian Financial Group has 6,400 employees.

What sector is Securian Financial Group in?

Securian Financial Group is a financial services company.

When was Securian Financial Group founded?

Securian Financial Group was founded in 1880.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity6
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 6
  • M&A Advisors 3

Securian Financial Group, Inc.

400 Robert Street North,
St. Paul, Minnesota 55101
United States,
(855) 651-3500
www.securian.com

Securian Financial Group is a diversified financial services company offering insurance, investments, and retirement plans and services to individuals and businesses. Securian was established in 1880 and is headquartered in St. Paul, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - 1 - - - 6
Sell (0.4/yr) # 1 - - 1 1 - 3
  9

Most Recent M&A

Company Date Value Type
Securian Financial Group, Inc. - Retail Wealth Business 2023-01-25 - Divestiture
St. Paul, Minnesota
Securian Financial - Retirement Plan Recordkeeping Business 2022-10-18 - Divestiture
St. Paul, Minnesota
Armour Group, Inc. 2021-09-08 - Add-on Acquisition
London, Ontario · www.armourgrp.ca
Empyrean Benefit Solutions, Inc. 2019-11-25 - Add-on Acquisition
Houston, Texas · www.goempyrean.com
Grove Point Financial LLC 2017-08-08 - Divestiture
Rockville, Maryland · www.grovepointfinancial.com
Selient, Inc. 2016-11-01 - Divestiture
Montreal, Quebec
The CRI Canada Ltd. 2016-11-01 - Add-on Acquisition
Burnaby, British Columbia · www.cricanada.net
Securian Canada 2016-11-01 - Add-on Acquisition
Toronto, Ontario · www.securiancanada.ca
Asset Allocation & Management Company LLC 2014-11-20 - Add-on Acquisition
Chicago, Illinois · www.aamcompany.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Securian Canada 2016-11-01 Sun Life’s Sponsored Markets Business 2021-12-13 2
Toronto, Ontario · www.securiancanada.ca Toronto, Ontario
Securian Canada 2016-11-01 Gerber Life Insurance Co. - Canadian Block Business 2020-02-13 1
Toronto, Ontario · www.securiancanada.ca White Plains, New York
The CRI Canada Ltd. 2016-11-01 Selient, Inc. 2016-11-01 1
Burnaby, British Columbia · www.cricanada.net Montreal, Quebec

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (33%) - 1 (33%) -
Insurance 2 (33%) - 1 (33%) -
Information Technology 1 (17%) - - -
Software 1 (17%) - - -
Business Services - - 1 (33%) -
Total 6 - 3 -

By Geo

State/Country Buy Value Sell Value
United States 2 - 3 -
  Minnesota - - 2 -
  Texas 1 - - -
  Illinois 1 - - -
  Maryland - - 1 -
Canada 4 - - -
  Ontario 2 - - -
  Quebec 1 - - -
  British Columbia 1 - - -
Domestic 2 (33%) - 3 (100%) -
Cross-border 4 (67%) - - -
Total 6 - 3 -

Top M&A Advisors

Financial Deals
Goldman Sachs
 3
Legal Deals
Eversheds LLP
 2
Fredrikson & Byron PA
 1

M&A Connections

Deals
Acquired from
Investor(s)
33%
2 (33%)
Strategic(s)
17%
1 (17%)
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Financial Services

Employees

6,400

Established

1880

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