M&A Deal Summary

Augur Capital Acquires MyLife Life Insurance

On September 1, 2011, private equity firm Augur Capital acquired insurance company MyLife Life Insurance

Acquisition Highlights
  • This is Augur Capital’s 5th transaction in the Insurance sector.
  • This is Augur Capital’s 10th transaction in Germany.

M&A Deal Summary

Date 2011-09-01
Target MyLife Life Insurance
Sector Insurance
Buyer(s) Augur Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

MyLife Life Insurance

Germany
The myLife Versicherung AG offers its customers the only life insurer in Germany only real net rates, ie rates with no closing costs and sales commissions included in the calculations.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Augur Capital


Category Private Equity Firm
Founded 2003
PE ASSETS 327M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Augur Capital AG is a private equity firm that focuses on investments in banks, insurance, and other financial service companies headquartered in Europe. The Firm looks to invest in mid-sized companies with a transaction value of between €10 - €100 million. Prospective transaction situation includes MBOs, MBIs ,and spin-offs. Augur Capital AG was formed in 2004 and is based in Frankfurt.


DEAL STATS #
Overall 11 of 11
Sector: Insurance M&A 5 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 8
Country: Germany M&A 10 of 10
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-28 Pall Mall Investment Management

Hamburg, Germany

Pall Mall Investment Management is an institutional asset management firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-09 DARAG Group

Hamburg, Germany

DARAG Group is a privately held insurance company that specializes in taking inactive or discontinued (run-off) businesses from direct insurers and reinsurers. DARAG Group was founded in 1949 and is based in Hamburg, Germany.

Sell -