M&A Deal Summary

Alliant Insurance Services Acquires Colonial Healthcare

On August 11, 2003, Alliant Insurance Services acquired insurance company Colonial Healthcare

Acquisition Highlights
  • This is Alliant Insurance Services’ 6th transaction in the Insurance sector.
  • This is Alliant Insurance Services’ 6th transaction in the United States.
  • This is Alliant Insurance Services’ 1st transaction in Maryland.

M&A Deal Summary

Date 2003-08-11
Target Colonial Healthcare
Sector Insurance
Buyer(s) Alliant Insurance Services
Deal Type Add-on Acquisition

Target

Colonial Healthcare

Lanham, Maryland, United States
Colonial Healthcare specializing in self-funded health insurance programs and employee administrative services for private and public employers. CHC’s full range of administrative services includes claims adjudication, member and provider services, and enrollment and information management services to provider organizations that offer health care coverage directly to employer groups.

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Buyer(S) 1

Buyer

Alliant Insurance Services

Irvine, California, United States

Category Company
Founded 1925
Sector Insurance
DESCRIPTION

Alliant Insurance Services is a retail insurance broker providing property and casualty insurance and employee benefits products to over 15,000 commercial middle market clients nationwide. Alliant Insurance Services was founded in 1925 and is based in Newport Beach, California.


DEAL STATS #
Overall 6 of 70
Sector (Insurance) 6 of 53
Type (Add-on Acquisition) 6 of 66
State (Maryland) 1 of 1
Country (United States) 6 of 68
Year (2003) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-11 Franey Muha Insurance Services

Chantilly, Virginia, United States

Franey Muha Insurance Services is a full-service property and casualty agency focusing on commercial package, property, liability, surety, professional liability and workers’ compensation coverage.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-17 U.S. Retail Operations

Houston, Texas, United States

JLT USA, headquartered in Houston, TX, is a leading specialist insurance brokerage firm with approximately $60 million in revenue.

Buy -