M&A Deal Summary |
|
|---|---|
| Date | 2013-12-20 |
| Target | Direct Life Insurance Co. |
| Sector | Insurance |
| Buyer(s) | Atlantic American |
| Sellers(s) | Direct General |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1937 |
| Sector | Insurance |
| Employees | 153 |
| Revenue | 188M USD (2024) |
Atlantic American is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries. Atlantic American was founded in 1937 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2013 M&A | 1 of 1 |
Direct General Corp. is a financial services company providing non-standard personal automobile insurance, term life insurance, premium finance and other consumer finance products and services through retail offices.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2013 M&A | 1 of 1 |