M&A Deal Summary |
|
|---|---|
| Date | 2023-05-02 |
| Target | Crop Risk Services |
| Sector | Insurance |
| Buyer(s) | American Financial Group |
| Deal Type | Divestiture |
| Deal Value | 240M USD |
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| Category | Company |
|---|---|
| Founded | 1872 |
| Sector | Insurance |
| Employees | 8,700 |
| Revenue | 8.3B USD (2024) |
American Financial Group is a holding company that operates through Great American Insurance Group, which is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. American Financial Group was incorporated in 1872 and is based in Cincinnati, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-18 |
Verikai
San Francisco, California, United States Verikai is a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk. Verikai was founded in 2018 and based in San Francisco, California. |
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