M&A Deal Summary |
|
|---|---|
| Date | 2015-09-30 |
| Target | Interboro Insurance |
| Sector | Insurance |
| Buyer(s) | AmCoastal |
| Sellers(s) | Northwood Ventures |
| Deal Type | Add-on Acquisition |
| Deal Value | 57M USD |
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American Coastal Insurance is a homeowners insurance company provides a diversified book of business in coastal areas from Texas to Maine that is currently writing in eight states and licensed in eighteen states. American Coastal Insurance was founded in 1999 and is based in St. Petersburg, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Insurance) | 2 of 3 |
| Type (Add-on Acquisition) | 2 of 3 |
| State (New York) | 1 of 1 |
| Country (United States) | 2 of 3 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-03 |
Family Security Holdings
Metairie,, Louisiana, United States Family Security Holdings is an insurance holding company with two wholly owned subsidiaries, Family Security Insurance Co., a Hawaii-domiciled P/C insurer authorized in Hawaii and Louisiana, and Family Security Underwriters LLC, a managing general agency. |
Buy | $9M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-17 |
American Coastal Insurance
Sunrise, Florida, United States American Coastal Insurance Co. is a specialty underwriter focused primarily on the commercial residential property insurance market in Florida. ACIC has a long term exclusive agreement with AmRisc, LLC, the largest commercial windstorm MGA in the United States, which serves as the sole managing general agent to source and administer business for ACIC. In 2015, ACIC reported $308.5 million of direct premium written, $36.5 million in after-tax GAAP earnings, and finished the year with $195.8 million of tangible book value. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 100M USD |
| Size | Small |
| Type | Sector Agnostic |
Northwood Ventures is a private investment firm that invests at all stages of company development, including venture, buyout, consolidation, growth, recapitalization, and turnaround situations. Northwood prefers opportunities located within the US and will consider both minority and control situations. Northwood's typical investment ranges from $5 to $15 million. Target sectors include telecommunications, manufacturing, retailing/consumer, financial services, and service-oriented business industries. Northwood Ventures was formed in 1983 and is based in Syosset, New York.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 49 |
| Sector (Insurance) | 2 of 2 |
| Type (Add-on Acquisition) | 18 of 20 |
| State (New York) | 4 of 5 |
| Country (United States) | 41 of 45 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 6 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-01 |
Daiya Foods
Vancouver, British Columbia, Canada Daiya Foods, Inc. is an allergen-free food company. Daiya products are always free of dairy, gluten, and soy and use only naturally-occurring ingredients with food first, flavor-forward philosophy. Daiya Foods was founded in 2008 and is based in Vancouver, British Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-27 |
Daiya Foods
Vancouver, British Columbia, Canada Daiya Foods, Inc. is an allergen-free food company. Daiya products are always free of dairy, gluten, and soy and use only naturally-occurring ingredients with food first, flavor-forward philosophy. Daiya Foods was founded in 2008 and is based in Vancouver, British Columbia. |
Sell | CA$405M |
