M&A Deal Summary

Globe Life & Accident Insurance Acquires Direct Marketing Advertising Distributors

On January 16, 2007, Globe Life & Accident Insurance acquired media company Direct Marketing Advertising Distributors for 47M USD

Acquisition Highlights
  • This is Globe Life & Accident Insurance’s 1st transaction in the Media sector.
  • This is Globe Life & Accident Insurance’s largest (disclosed) transaction.
  • This is Globe Life & Accident Insurance’s 1st transaction in the United States.
  • This is Globe Life & Accident Insurance’s 1st transaction in New York.

M&A Deal Summary

Date 2007-01-16
Target Direct Marketing Advertising Distributors
Sector Media
Buyer(s) Globe Life & Accident Insurance
Deal Type Add-on Acquisition
Deal Value 47M USD

Target

Direct Marketing Advertising Distributors

Hicksville, New York, United States
Direct Marketing Advertising Distributors, Inc. is a provider of multimedia an marketing services in US.

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Buyer(S) 1

Buyer

Globe Life & Accident Insurance

Oklahoma City, Oklahoma, United States

Category Company
Founded 1951
Sector Insurance
DESCRIPTION

Globe Life & Accident Insurance Co. is a provider of insurance services.


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1