M&A Deal Summary

Anchor Insurance Holdings Acquires Ranchers and Farmers Insurance

On September 8, 2014, Anchor Insurance Holdings acquired insurance company Ranchers and Farmers Insurance from Mirage Interest

Acquisition Highlights
  • This is Anchor Insurance Holdings’ 3rd transaction in the Insurance sector.
  • This is Anchor Insurance Holdings’ 3rd transaction in the United States.
  • This is Anchor Insurance Holdings’ 3rd transaction in Texas.

M&A Deal Summary

Date 2014-09-08
Target Ranchers and Farmers Insurance
Sector Insurance
Buyer(s) Anchor Insurance Holdings
Sellers(s) Mirage Interest
Deal Type Divestiture

Target

Ranchers and Farmers Insurance

Beaumont, Texas, United States
Ranchers and Farmers Insurance Company is a provider of property and casualty insurance services.

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Buyer(S) 1

Buyer

Anchor Insurance Holdings

Bradenton, Florida, United States

Category Company
Founded 2014
Sector Insurance
DESCRIPTION

Anchor Insurance Holdings, Inc. is a provider of property insurance products and services.


DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Divestiture) 3 of 3
State (Texas) 3 of 3
Country (United States) 3 of 3
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 Southeast Surplus Underwriters General Agency

Beaumont,, Texas, United States

Southeast Surplus Underwriters General Agency, Inc. is a provider of management, marketing, processing, underwriting, and claims functions for insurance companies.

Buy -

Seller(S) 1

SELLER

Mirage Interest

Beaumont, Texas, United States

Category Company
Founded 1983
Sector Insurance
DESCRIPTION

Mirage Interest, Inc., through its subsidiaries, is a provider of insurance services and products.


DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Divestiture) 3 of 3
State (Texas) 3 of 3
Country (United States) 3 of 3
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 Southeast Surplus Underwriters General Agency

Beaumont,, Texas, United States

Southeast Surplus Underwriters General Agency, Inc. is a provider of management, marketing, processing, underwriting, and claims functions for insurance companies.

Sell -