M&A Deal Summary |
|
|---|---|
| Date | 2011-11-21 |
| Target | Transatlantic Holdings |
| Sector | Insurance |
| Buyer(s) | Alleghany |
| Deal Type | Add-on Acquisition |
| Deal Value | 3.4B USD |
| Advisor(s) | Goldman Sachs Moelis & Co. (Financial) Gibson, Dunn & Crutcher (Legal) |
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Alleghany owns and manages operating subsidiaries and investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a global reinsurer; RSUI Group, Inc., a national underwriter of property and liability specialty insurance coverages; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation engages in and oversees strategic investments and acquisitions. Alleghany Corporation was founded in 1929 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 9 |
| Sector (Insurance) | 7 of 8 |
| Type (Add-on Acquisition) | 3 of 5 |
| State (New York) | 1 of 2 |
| Country (United States) | 7 of 9 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-18 |
Pacific Compensation
Agoura Hills, California, United States Pacific Compensation Corp.engages in the insurance services for property and casualty business. |
Buy | $193M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-05 |
Transatlantic Holdings
New York, New York, United States Transatlantic Holdings Inc. is an international reinsurance organization headquartered in New York, with operations on six continents. Company offer reinsurance capacity on both a treaty and facultative basis structuring programs for a full range of property and casualty products, with an emphasis on specialty risks. |
Buy | - |
