M&A Deal Summary

Amerilife Acquires Secure Administrative Solutions

On October 6, 2020, Amerilife acquired business services company Secure Administrative Solutions from A-CAP Management

Acquisition Highlights
  • This is Amerilife’s 1st transaction in the Business Services sector.
  • This is Amerilife’s 6th transaction in the United States.
  • This is Amerilife’s 1st transaction in Utah.

M&A Deal Summary
Date 2020-10-06
Target Secure Administrative Solutions
Sector Business Services
Buyer(s) Amerilife
Sellers(s) A-CAP Management
Deal Type Divestiture

Target

Secure Administrative Solutions

Salt Lake City, Utah, United States
Secure Administrative Solutions LLC is a licensed third-party administrator (TPA) providing efficient and effective administration for insurance companies of all sizes, and across multiple product lines. Secure Administrative Solutions is based in Salt Lake City Utah.

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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 6 of 13
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 2
State (Utah) 1 of 1
Country (United States) 6 of 13
Year (2020) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-23 The Achievement Group

Des Moines, Iowa, United States

The Achievement Group is an annuity and life organization that assists financial institutions, insurance agencies, and insurance professionals to maximize performance and return, and meet the needs of the pre-retirees and retirees they serve. The Achievement Group was established in 1994 and is based in Des Moines, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-15 The Equita Group

Richardson, Texas, United States

The Equita Group provides a platform that made it possible for anyone with a strong work ethic to become successful in the insurance industry. The Equita Group's focus was on retirement and estate planning, though they have since evolved into one of the largest marketing organizations in the country.

Buy -

Seller(S) 1

SELLER

A-CAP Management

New York, New York, United States
Category Company
Sector Insurance
DESCRIPTION

Advantage Capital Management LLC is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. These businesses include primary insurance carriers (Atlantic Coast Life Insurance Company and Sentinel Security Life Insurance Company), an SEC registered investment adviser, reinsurance vehicles, and marketing organizations. Advantage Capital Management is based in New York.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-31 Veridian Healthcare

Gurnee, Illinois, United States

Veridian Healthcare is a distributor of in-home diagnostics and pain relief products. The company provides innovative products to the growing healthcare market, focusing on brand development and strategic partnerships while expanding its blue-chip wholesale and retail customer portfolio. It offers over 50 years of combined management and sales experience, providing competitively priced and high-quality products designed to meet the standards of today’s healthcare professionals. Veridian Healthcare was founded in 2009 and is based in Gurnee, Illinois.

Buy -
Mergr

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