M&A Deal Summary

Church Mutual Insurance Co. Acquires School Boards Insurance Company of Pennsylvania

On October 14, 2015, Church Mutual Insurance Co. acquired insurance company School Boards Insurance Company of Pennsylvania from Pennsylvania School Boards Association

Acquisition Highlights
  • This is Church Mutual Insurance Co.’s 2nd transaction in the Insurance sector.
  • This is Church Mutual Insurance Co.’s 2nd transaction in the United States.
  • This is Church Mutual Insurance Co.’s 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2015-10-14
Target School Boards Insurance Company of Pennsylvania
Sector Insurance
Buyer(s) Church Mutual Insurance Co.
Sellers(s) Pennsylvania School Boards Association
Deal Type Divestiture

Target

School Boards Insurance Company of Pennsylvania

Pennsylvania, United States
School Boards Insurance Company of Pennsylvania, Inc. is a provider of property, casualty and other insurance coverages to PSBA members.

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Buyer(S) 1

Buyer

Church Mutual Insurance Co.

Merrill, Wisconsin, United States

Category Company
Founded 1897
Sector Insurance
DESCRIPTION

Church Mutual Insurance Co. is a provider of specialized insurance for religious organizations of all denominations, including religious-related schools, camps, denominational offices and senior living facilities.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-14 School Claims Services

New Cumberland, Pennsylvania, United States

School Claims Services LLC is a provider of claims and risk management services, as well as employee benefit type programs.

Buy -

Seller(S) 1

SELLER

Pennsylvania School Boards Association

Mechanicsburg, Pennsylvania, United States

Category Company
Founded 1895
Sector Business Services
DESCRIPTION

Pennsylvania School Boards Association, Inc. is an non- profit statewide association of public school boards.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-14 School Claims Services

New Cumberland, Pennsylvania, United States

School Claims Services LLC is a provider of claims and risk management services, as well as employee benefit type programs.

Sell -