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  6. First Protective Insurance Group Acquires Profit Plans

M&A Deal Summary

First Protective Insurance Group Acquires Profit Plans

On June 23, 2015, First Protective Insurance Group acquired insurance company Profit Plans

Acquisition Highlights
  • This is First Protective Insurance Group’s 1st transaction in the Insurance sector.
  • This is First Protective Insurance Group’s 1st transaction in the United States.
  • This is First Protective Insurance Group’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-06-23
Target Profit Plans
Sector Insurance
Buyer(s) First Protective Insurance Group
Deal Type Add-on Acquisition

Target

Profit Plans

Chattanooga, Tennessee, United States
Profit Plans LLC is a provider of life insurance, annuities and general insurance brokerage services.

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Buyer(S) 1

Buyer

First Protective Insurance Group

Birmingham, Alabama, United States
Category Company
Founded 1983
Sector Insurance
DESCRIPTION

First Protective Insurance Group, Inc. is a marketing organization providing distribution of life insurance, annuities, wealth transfer products, disability insurance and long term care.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Mergr

Product

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