M&A Deal Summary |
|
|---|---|
| Date | 2023-11-01 |
| Target | American Surety |
| Sector | Business Services |
| Buyer(s) | Core Specialty Insurance |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Faegre Drinker Biddle & Reath (Legal) |
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Core Specialty Insurance offers a diversified range of property and casualty insurance products for small to midsized businesses. Core Specialty Insurance is based in Cincinnati, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-07 |
Hallmark E&S
Dallas, Texas, United States Hallmark E&S provides Excess & Surplus Lines Operations that distributes through the wholesale insurance brokerage channel and are comprised of the Commercial Auto business unit which offers primary and excess commercial vehicle insurance products and services; the E&S Casualty business unit which offers primary and excess liability, excess public entity liability and E&S package and garage liability insurance products and services; the E&S Property business unit which offers primary and excess commercial property insurance for both catastrophe and non-catastrophe exposures; and the Professional Liability business unit which offers healthcare and financial lines professional liability insurance products and services primarily for businesses, medical professionals, medical facilities and senior care facilities. |
Buy | $40M |
