M&A Deal Summary

Digital Insurance Acquires CUNA Mutual Group

On February 14, 2013, Digital Insurance acquired insurance company CUNA Mutual Group

Acquisition Highlights
  • This is Digital Insurance’s 22nd transaction in the Insurance sector.
  • This is Digital Insurance’s 22nd transaction in the United States.
  • This is Digital Insurance’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2013-02-14
Target CUNA Mutual Group
Sector Insurance
Buyer(s) Digital Insurance
Deal Type Add-on Acquisition

Target

CUNA Mutual Group

Madison, Wisconsin, United States
CUNA Mutual Group is a provider of financial services to credit unions, their members and valued customers worldwide. With more than 75 years of market commitment, CUNA Mutual Group’s vision is unwavering: to be a trusted business partner who delivers service excellence and customer-focused, best-in-class products and market-driven innovation.

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Buyer(S) 1

Buyer

Digital Insurance

Atlanta, Georgia, United States
Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Digital Insurance, Inc. is an employee benefits platform specializing in health insurance distribution and benefits management for small and mid-sized businesses. Digital manages more than 20,000 employer clients, 250 broker partnerships and more than $1 billion in annual premiums. Digital's largest division, Digital Benefits Advisors, is a rapidly growing health benefits brokerage agency that utilizes Digital's highly scalable benefits technology platform to successfully target the SMB marketplace on a direct basis.

DEAL STATS #
Overall 22 of 31
Sector (Insurance) 22 of 28
Type (Add-on Acquisition) 20 of 29
State (Wisconsin) 1 of 1
Country (United States) 22 of 31
Year (2013) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-05 Capital Benefits Group

Brentwood, Tennessee, United States

Capital Benefits Group served as the benefits partner of Tennessee Mass Mutual Agency, Capital Financial Group. The company, which has grown to approximately 800 clients and 16 staff members.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-19 Benefit Services & Design

North Carolina, United States

Benefit Services & Design has provided employee benefits to more than 250 clients, ranging from small businesses to national companies, working in various industries including healthcare, trucking, furniture and manufacturing.

Buy -
Mergr

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Company

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