M&A Deal Summary

Beechwood Bermuda International Acquires Old Mutual

On January 4, 2016, Beechwood Bermuda International acquired insurance company Old Mutual from Old Mutual

Acquisition Highlights
  • This is Beechwood Bermuda International’s 1st transaction in the Insurance sector.
  • This is Beechwood Bermuda International’s 1st transaction in Bermuda.

M&A Deal Summary

Date 2016-01-04
Target Old Mutual
Sector Insurance
Buyer(s) Beechwood Bermuda International
Sellers(s) Old Mutual
Deal Type Divestiture

Target

Old Mutual

Hamilton, Bermuda
Old Mutual (Bermuda) Ltd. is a provider of insurance and investment products.

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Buyer(S) 1

Buyer

Beechwood Bermuda International

Hamilton, Bermuda

Category Company
Founded 2012
Sector Insurance
DESCRIPTION

Beechwood Bermuda International Ltd. is a licensed long-term insurer provides innovative insurance products and reinsurance capacity to Life, Accident and Health insurance companies.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Bermuda M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Old Mutual

Pinelands, United Kingdom

Category Company
Founded 1845
Sector Financial Services
Revenue 13.6B GBP (2015)
DESCRIPTION

Old Mutual Ltd. is an international financial services company with expanding operations in life assurance, asset management, banking, and general insuarnce. Old Mutual was formed in 1845 and is based in Pinelands, South Africa.


DEAL STATS #
Overall 6 of 9
Sector: Insurance M&A 1 of 2
Type: Divestiture M&A Deals 6 of 8
Country: Bermuda M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-06 UAP Holdings

Nairobi, Kenya

UAP Holdings is one of the composite insurance and financial services companies in East Africa, with headquarters in Nairobi and a network of branches spread across Kenya, Uganda and Southern Sudan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-08 Rogge Global Partners

London, United Kingdom

Rogge Global Partners PLC is a provider of services to corporate and public pension funds, corporate entities, central banks, sovereign entities, endowments, and foundations. It manages separate client focused fixed income portfolios and hedge funds.

Sell -