M&A Deal Summary

Amerilife Acquires Crump Life Insurance Services

On January 6, 2025, Amerilife acquired insurance company Crump Life Insurance Services from CRC Group

Acquisition Highlights
  • This is Amerilife’s 10th transaction in the Insurance sector.
  • This is Amerilife’s 14th transaction in the United States.
  • This is Amerilife’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2025-01-06
Target Crump Life Insurance Services
Sector Insurance
Buyer(s) Amerilife
Sellers(s) CRC Group
Deal Type Divestiture
Advisor(s) Piper Sandler & Co.
Truist Securities (Financial)

Target

Crump Life Insurance Services

Roseland, New Jersey, United States
Crump Life Insurance Services is a independent wholesale distributor of life insurance. Crump Life Insurance Services was founded in 1983 and is based in Roseland, New Jersey.

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Buyer(S) 1

Buyer

Amerilife

Clearwater, Florida, United States

Category Company
Founded 1971
Sector Insurance
DESCRIPTION

Amerilife engages in developing, marketing and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees. Amerilife was founded in 1971 and is based in Clearwater, Florida.


DEAL STATS #
Overall 14 of 15
Sector: Insurance M&A 10 of 11
Type: Divestiture M&A Deals 3 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 14 of 15
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 AmeriLife - Administrative Partners of America

Clearwater, Florida, United States

AmeriLife's Administrative Partners of America is a third-party administrator.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-09 Ohlson Group

Carmel, Indiana, United States

Ohlson Group is a family-oriented, annuity-focused insurance field marketing organization (FMO). Ohlson Group was founded in 1975 and is based in Carmel, Indiana.

Buy -

Seller(S) 1

SELLER

CRC Group

Birmingham, Alabama, United States

Category Company
Sector Insurance
DESCRIPTION

CRC Group is a Property and Casualty wholesale brokerage and MGA platform. CRC Group places over $30 billion of premiums through its specialty wholesale and underwriting insurance businesses. CRC Group is based in Birmingham, Alabama.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-06 BankDirect Capital Finance

Lake Forest, Illinois, United States

BankDirect Capital Finance is a provider of insurance financing solutions, products, and services. BankDirect Capital Finance was founded in 2005 and is based in Lake Forest, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-07 Atrium

London, United Kingdom

Atrium specializes in accident and health, aviation, marine property, non-marine property, professional liability, property and casualty binding authorities, reinsurance, upstream energy, war and terrorism insurance, cargo, and fine art insurance. Atrium is based in London.

Buy -