The IHC Group - M&A Summary and Business Overview

InsuranceCompany

The IHC Group M&A Summary

The IHC Group has acquired 2 companies, including 1 in the last 5 years. It has also divested 3 assets.

It’s largest disclosed sale occurred in 2021, when it sold Madison National Life Insurance to Horace Mann Educators for $173M. The IHC Group has acquired in 2 different US states. The Company’s most targeted sectors include insurance (50%) and marketing (50%).

The IHC Group Business Overview

Where is The IHC Group headquartered?

The IHC Group is headquartered in Stamford, Connecticut.

What is The IHC Group’s revenue?

The IHC Group disclosed revenue of 444M USD for 2020 and 374M USD for 2019.

How many employees does The IHC Group have?

The IHC Group has 550 employees.

What sector is The IHC Group in?

The IHC Group is an insurance company.

When was The IHC Group founded?

The IHC Group was founded in 1980.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity2
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 1

The IHC Group

Independence Holding Co.

96 Cummings Point Road,
Stamford, Connecticut 06902
United States,
(203) 358-8000
www.ihcgroup.com

The IHC Group is a provider of life and health insurance business products that sell products nationally through multiple channels, including digital, call center, and advisors, all of which utilize our CMS-approved Web Broker. The IHC Group was founded in 1980 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 1 - - - - 2
Sell (0.4/yr) # 1 - 2 - - - 3
vol $153M $173M $325M
  5

Most Recent M&A

Company Date Value Type
Madison National Life Insurance Co. 2021-07-14 173M USD Divestiture
Madison, Wisconsin · www.madisonlife.com
Standard Security Life Insurance Company of New York 2021-04-15 - Divestiture
New York, New York · www.sslicny.com
MarTech 2020-04-15 - Add-on Acquisition
Edgartown, Massachusetts · www.martech.org
Figo Pet Insurance LLC 2018-03-14 - Growth Capital
Chicago, Illinois · www.figopetinsurance.com
IHC Risk Solutions LLC 2016-01-05 153M USD Divestiture
Marlton, New Jersey · www.ihcrisksolutions.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 1 (50%) - 3 (100%) 325M (100%)
Marketing 1 (50%) - - -
Total 2 - 3 $325M

By Geo

State/Country Buy Value Sell Value
United States 2 - 3 325M
  Massachusetts 1 - - -
  Illinois 1 - - -
  Wisconsin - - 1 173M
  New York - - 1 -
  New Jersey - - 1 153M
Total 2 - 3 $325M

Top M&A Advisors

Financial Deals
Raymond James - Investment Banking
1

Deal Values

sell # Total
$100M to $1B 2 $325M
TOTAL $325M
Largest Madison National Life Insurance Co.
$173M (2021-07-14)

M&A Connections

Deals
Divested to
Strategic(s)
100%
3 (100%)

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