M&A Deal Summary

Everett Cash Mutual Insurance Acquires American Reliable’s Farm Ranch and Equine Business

On August 8, 2022, Everett Cash Mutual Insurance acquired agriculture company American Reliable’s Farm Ranch and Equine Business from American Reliable Insurance

Acquisition Highlights
  • This is Everett Cash Mutual Insurance’s 1st transaction in the Agriculture sector.
  • This is Everett Cash Mutual Insurance’s 1st transaction in the United States.
  • This is Everett Cash Mutual Insurance’s 1st transaction in Arizona.

M&A Deal Summary

Date 2022-08-08
Target American Reliable’s Farm Ranch and Equine Business
Sector Agriculture
Buyer(s) Everett Cash Mutual Insurance
Sellers(s) American Reliable Insurance
Deal Type Divestiture

Target

American Reliable’s Farm Ranch and Equine Business

Scottsdale, Arizona, United States
American Reliable’s Farm, Ranch, and Equine Business was acquired by Everett Cash Mutual. American Reliable’s Farm, Ranch, and Equine Business are based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

Everett Cash Mutual Insurance

Everett, Pennsylvania, United States

Category Company
Founded 1913
Sector Insurance
DESCRIPTION

Everett Cash Mutual Insurance is a property/casualty mutual insurer focused on serving the farm and agri-business sector. ECM provides state-of-the-art products and technology to support its marketing territory. Everett Cash Mutual Insurance was founded in 1913 and is based in Everett, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

American Reliable Insurance

Scottsdale, Arizona, United States

Category Company
Founded 1952
Sector Insurance
DESCRIPTION

American Reliable Insurance writes specialty personal lines and agricultural property and casualty insurance through a network of general and independent agents. Company product lines include manufactured housing, watercraft, recreational vehicles, farm and ranch, and federal flood insurance.


DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1