M&A Deal Summary

Euler Hermes Group SA Acquires United Mercantile Agencies

On January 23, 2007, Euler Hermes Group SA acquired business services company United Mercantile Agencies

Acquisition Highlights
  • This is Euler Hermes Group SA’s 1st transaction in the Business Services sector.
  • This is Euler Hermes Group SA’s 1st transaction in the United States.
  • This is Euler Hermes Group SA’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2007-01-23
Target United Mercantile Agencies
Sector Business Services
Buyer(s) Euler Hermes Group SA
Deal Type Add-on Acquisition

Target

United Mercantile Agencies

Louisville,, Kentucky, United States
Euler Hermes UMA, Inc. is a provider of commercial collections and accounts receivable management services.

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Buyer(S) 1

Buyer

Euler Hermes Group SA

Paris, France

Category Company
Founded 1917
Sector Insurance
Revenue 2.6B EUR (2017)
DESCRIPTION

Euler Hermes Group SA is a provider of trade-related credit insurance? solutions with more than 100 years of client support and responsiveness to changing business environments. The company offers business-to-business (B2B) clients financial services to support cash and trade receivables management. Its proprietary intelligence network tracks and analyzes daily changes in corporate solvency among small, medium and multinational companies active in markets representing 92% of global GDP. Headquartered in Paris, the company is present in 52 countries with 6,050 employees. Euler Hermes was formed in 1917 and is based in Paris.


DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-26 The Israeli Credit Insurance

Tel Aviv, Israel

The Israeli Credit Insurance Company Ltd. operates as a credit insurer in Israel and internationally.

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