Add-on Acquisition • Insurance

Everest Acquires Heartland Crop Insurance

On January 3, 2011, Everest acquired insurance company Heartland Crop Insurance for 55M USD

Acquisition Context
  • This is Everest’s 2nd transaction in the Insurance sector.
  • This is Everest’s largest (disclosed) transaction.
  • This is Everest’s 2nd transaction in the United States.
  • This is Everest’s 1st transaction in Kansas.

Explore All 5494 Add-on Acquisition Insurance Deals - Search the Database Free


M&A Deal Summary

Date January 3, 2011
Target Heartland Crop Insurance
Sector Insurance
Buyer(s) Everest
Deal Type Add-on Acquisition
Deal Value 55M USD

Target Company

Heartland Crop Insurance

Topeka, Kansas, United States
Heartland Crop Insurance, Inc., is a specialty underwriter of crop insurance, offering comprehensive multi peril crop and crop-hail insurance products through its broad distribution network.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Everest

Hamilton, Bermuda

Category Company
Founded 1973
Sector Insurance
Employees3,037
Revenue 17.1B USD (2024)
DESCRIPTION

Everest a provider in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group was founded in 1973 and is based in Hamilton, Bermuda.


Deal Context for Buyer #
Overall 2 of 2
Sector: Insurance 2 of 2
Type: Add-on Acquisition 2 of 2
State: Kansas 1 of 1
Country: United States 2 of 2
Year: 2011 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Southeastern Security Insurance Co.

Georgia, United States

Southeastern Security Insurance Co., a insurer underwriting non-standard automobile business.

Buy -