Sun Life Mergers and Acquisitions Summary

InsuranceCompany

Sun Life has acquired 8 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Sun Life’s largest acquisition to date was in 2021, when it acquired DentaQuest for $2.5B. It’s largest disclosed sale occurred in 2003, when it sold Sun Life Financial Advisory Services to HUB International for $2M. Sun Life has acquired in 6 different US states, and 2 countries. The Company’s most targeted sectors include insurance (38%) and healthcare services (25%).

Join Mergr and gain access to Sun Life’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 Activity10
    • M&A Buy Activity8
    • M&A Sell Activity2
  • Total Sectors Invested 5
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 6

Sun Life

Sun Life Financial, Inc.

1 York Street,
Toronto, Ontario M5J 0B6
Canada,
(416) 979-9966
www.sunlife.com

Sun Life is a international provider of protection and wealth products and services to individual and corporate customers. With offices in key markets worldwide serving millions of customers, Company help people achieve financial peace of mind by providing sound financial solutions throughout their lifetimes. Sun Life was founded in 1871 and is based in Toronto, Canada.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.8/yr) # 4 1 1 - - 2 8
vol $940M $2.6B $3.5B
Sell (0.0/yr) # 2 - - - - - 2
vol $2M $2M
  10

Most Recent M&A

Company Date Value Type
DentaQuest LLC 2021-10-03 2.5B USD Add-on Acquisition
Boston, Massachusetts · www.dentaquest.com
PinnacleCare LLC 2021-04-23 85M USD Add-on Acquisition
Baltimore, Maryland · www.pinnaclecare.com
Maxwell Health 2018-06-04 - Add-on Acquisition
New York, New York · www.maxwellhealth.com
The Premier Dental Group, Inc. 2017-04-20 - Add-on Acquisition
Plymouth, Minnesota · www.premier-dental.com
Assurant - Employee Benefits Business 2016-03-01 940M USD Divestiture
, United States
Prime Advisors, Inc. 2015-06-30 - Add-on Acquisition
Redmond, Washington · www.primeadvisors.com
Bentall GreenOak 2015-01-01 - Buyout (LBO, MBO, MBI)
Toronto, Ontario · www.bentallkennedy.com
Sun Life Insurance & Annuity Company of New York 2012-12-17 - Divestiture
New York, New York
Sun Life Financial Advisory Services Inc. 2003-01-10 2M USD Divestiture
Toronto,, Ontario
Clarica Life Insurance Co. 2002-05-29 - Add-on Acquisition
Waterloo, Ontario
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Bentall GreenOak 2015-01-01 Metropolitan Real Estate Equity Management LLC 2021-04-01 3
Toronto, Ontario · www.bentallkennedy.com New York, New York · www.mreem.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 3 (38%) 3.4B (98%) 2 (100%) 2M (100%)
Healthcare Services 2 (25%) 85M (2%) - -
Business Services 1 (13%) - - -
Internet Software and Services 1 (13%) - - -
Real Estate 1 (13%) - - -
Total 8 $3.5B 2 $2M

By Geo

State/Country Buy Value Sell Value
United States 6 3.5B 1 -
  New York 1 - 1 -
  Washington 1 - - -
  Minnesota 1 - - -
  Massachusetts 1 2.5B - -
  Maryland 1 85M - -
Canada 2 - 1 2M
  Ontario 2 - 1 2M
Domestic 2 (25%) - 1 (50%) 2M (100%)
Cross-border 6 (75%) 3.5B (100%) 1 (50%) -
Total 8 $3.5B 2 $2M

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Berkshire Capital Securities LLC
1
Barclays Investment Bank
1
Legal Deals
Debevoise & Plimpton LLP
2
Skadden, Arps, Slate, Meagher & Flom LLP
1
Goodwin Procter LLP
1

Deal Values

buy # Total
> $1B 1 $2.5B
$100M to $1B 1 $940M
< $100M 1 $85M
TOTAL $3.5B
Largest DentaQuest LLC
$2.5B (2021-10-03)
sell # Total
< $100M 1 $2M
TOTAL $2M
Largest Sun Life Financial Advisory Services Inc.
$2M (2003-01-10)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
13%
1 (13%)
Divested to
Strategic(s)
100%
2 (100%)

 Subscribe to unlock this and 169,897
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)
Search
  • 4.2K Private Equity Firms
  • 159K M&A Transactions
  • 166K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 57K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.