M&A Deal Summary

Bestowed Acquires Centurion Life Insurance Co.

On December 1, 2020, Bestowed acquired insurance company Centurion Life Insurance Co.

Acquisition Highlights
  • This is Bestowed’s 1st transaction in the Insurance sector.
  • This is Bestowed’s 2nd transaction in the United States.
  • This is Bestowed’s 1st transaction in Iowa.

M&A Deal Summary

Date 2020-12-01
Target Centurion Life Insurance Co.
Sector Insurance
Buyer(s) Bestowed
Deal Type Add-on Acquisition

Target

Centurion Life Insurance Co.

Des Moines, Iowa, United States
Centurion Life Insurance Co. is an insurer with licensing in 47 states and the District of Columbia. Centurion Life Insurance is based in Des Moines, lowa.

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Buyer(S) 1

Buyer

Bestowed

New York, New York, United States

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Bestowed LLC is a provider of online healthy products. Bestowed was founded in 2012 and is based in New York, New York.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Iowa M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 Conscious Box

Portland, Oregon, United States

Conscious Box, Inc. is a provider of online eco-friendly products.

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