M&A Deal Summary

Aurigen Capital Acquires Brokers National Life Assurance Co.

On March 4, 2013, Aurigen Capital acquired insurance company Brokers National Life Assurance Co. from Ameritas Life Insurance

Acquisition Highlights
  • This is Aurigen Capital’s 1st transaction in the Insurance sector.
  • This is Aurigen Capital’s 1st transaction in the United States.
  • This is Aurigen Capital’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-03-04
Target Brokers National Life Assurance Co.
Sector Insurance
Buyer(s) Aurigen Capital
Sellers(s) Ameritas Life Insurance
Deal Type Divestiture

Target

Brokers National Life Assurance Co.

Austin, Texas, United States
Brokers National Life Assurance Co., Inc. is a provider of dental insurance and VSP voluntary vision insurance plans.

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Buyer(S) 1

Buyer

Aurigen Capital

Hamilton, Bermuda

Category Company
Founded 2006
Sector Insurance
Employees51
DESCRIPTION

Aurigen Capital is a Bermuda-domiciled life reinsurer focused primarily on providing reinsurance to Canadian and U.S. primary life insurers.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Ameritas Life Insurance

Lincoln, Nebraska, United States

Category Company
Founded 1887
Sector Insurance
DESCRIPTION

Ameritas Life Insurance Corp. offers a wide range of insurance and financial products and services to individuals, families and businesses.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 Security Life Insurance Company of America

Minnetonka, Minnesota, United States

Security Life Insurance Company of America is a provider of insurance services.

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