M&A Deal Summary

Americo Life Acquires Financial Industries

On July 17, 2008, Americo Life acquired insurance company Financial Industries for 75M USD

Acquisition Highlights
  • This is Americo Life’s 1st transaction in the Insurance sector.
  • This is Americo Life’s largest (disclosed) transaction.
  • This is Americo Life’s 1st transaction in the United States.
  • This is Americo Life’s 1st transaction in Texas.

M&A Deal Summary

Date 2008-07-17
Target Financial Industries
Sector Insurance
Buyer(s) Americo Life
Deal Type Add-on Acquisition
Deal Value 75M USD

Target

Financial Industries

Austin, Texas, United States
Financial Industries Corporation engages in life insurance business in the United States.

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Buyer(S) 1

Buyer

Americo Life

Kansas City, Missouri, United States

Category Company
Founded 1992
Sector Insurance
Employees531
DESCRIPTION

Americo Life is a provider of life insurance and annuity products.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1