M&A Deal Summary

Aon Acquires StoneRiver National Flood Services

On July 15, 2014, Aon acquired insurance company StoneRiver National Flood Services from StoneRiver Group

Acquisition Highlights
  • This is Aon’s 15th transaction in the Insurance sector.
  • This is Aon’s 8th transaction in the United States.
  • This is Aon’s 1st transaction in Montana.

M&A Deal Summary

Date 2014-07-15
Target StoneRiver National Flood Services
Sector Insurance
Buyer(s) Aon
Sellers(s) StoneRiver Group
Deal Type Divestiture

Target

StoneRiver National Flood Services

Kalispell, Montana, United States
StoneRiver National Flood Services, Inc. is a provider of flood insurance policy for commercial and residential markets.

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Buyer(S) 1

Buyer

Aon

Dublin , Ireland

Category Company
Founded 1919
Sector Insurance
Employees50,000
Revenue 13.4B USD (2023)
DESCRIPTION
Aon's offices in downtown Sydney, Australia.
Aon's offices in downtown Sydney, Australia.

Aon is a provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing. Aon serves clients through two segments, Risk Solutions and HR Solutions. Risk Solutions acts as an advisor and insurance and reinsurance broker, helping clients manage their risks via consultation, as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network. HR Solutions partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance by designing, implementing, communicating and administering a wide range of human capital, retirement, investment consulting, health care, compensation and talent management strategies. Aon was founded in 1919 and is based in Dublin, Ireland.


DEAL STATS #
Overall 18 of 36
Sector (Insurance) 15 of 22
Type (Divestiture) 2 of 6
State (Montana) 1 of 1
Country (United States) 8 of 13
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-17 Lorica Employee Benefits

Fleet, United Kingdom

Lorica Employee Benefits All-encompassing employee benefits consultancy including flex, pensions, healthcare & risk, employee education, & online benefit solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-03 Ventiv Technology

Atlanta, Georgia, United States

Ventiv Technology is a software provider of Integrated Risk Management (“IRM”) solutions for enterprises and government entities. Its software platform enables enterprises to manage incidents and claims and evaluate, mitigate, and monitor risks with analytics, data-discovery, and reporting capabilities. Ventiv Technology. was founded in 1994 and is based in Atlanta, Illinois.

Sell -

Seller(S) 1

SELLER

StoneRiver Group

Columbia, South Carolina, United States

Category Company
Founded 1998
Sector Insurance
DESCRIPTION

StoneRiver Group is a holding company that owns several insurance services businesses, including StoneRiver National Flood Services, StoneRiver Insurance Solutions, StoneRiver RegEd, Emerald Connect, StoneRiver Pharmacy Solutions and Progressive Medical.


DEAL STATS #
Overall 3 of 3
Sector (Insurance) 1 of 1
Type (Divestiture) 3 of 3
State (Montana) 1 of 1
Country (United States) 3 of 3
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-26 Emerald Connect

San Diego, California, United States

Emerald Connect is a provider of solutions-based marketing and technology tools for the financial services industry. Emerald’s product lines include mobile-responsive, content-rich websites, client newsletters, topic-specific seminars, social media content, targeted email marketing, and direct-mail support services that set the benchmark for the industry.

Sell $60M