M&A Deal Summary |
|
|---|---|
| Date | 2021-08-02 |
| Target | Beazley Benefits |
| Sector | Insurance |
| Buyer(s) | Globe Life |
| Sellers(s) | Beazley |
| Deal Type | Divestiture |
| Advisor(s) | TigerRisk Capital Markets & Advisory (Financial) Mayer Brown (Legal) |
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| Category | Company |
|---|---|
| Founded | 1979 |
| Sector | Insurance |
| Employees | 3,636 |
| Revenue | 5.8B USD (2024) |
Globe Life is a holding company specializing in life and supplemental health insurance for middle income Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies. Globe Life was founded in 1979 and is based in Mckinney, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Insurance M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-01 |
Family Heritage Life Insurance Company of America
Cleveland, Ohio, United States Family Heritage is a provider of supplemental health insurance and life insurance products to American families. Founded in 1989, the company specializes in life insurance and cancer, heart disease and stroke and accident insurance products with a return of premium feature. |
Buy | $219M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-13 |
Evry Health
Dallas, Texas, United States Evry Health is a business-to-business health insurance company that differentiates itself from traditional PPOs and HMOs by lowering the cost of healthcare through software automation with a mobile-first experience. Evry Health was formed in 2017 and is based in Dallas, Texas. |
Buy | - |
Beazley is a provider of risk insurance and reinsurance solutions. Beazley was founded in 1986 and is headquartered in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-06 |
Creechurch International Underwriters
Toronto, Ontario, Canada Creechurch International Underwriters Ltd. is a provider of tailored insurance programmes to small and medium enterprises in a range of industries and professions, including technology, life sciences and health products, manufacturing, distribution and trades, and architects and engineers. It also offers standalone products for cyber, management liability, commercial crime, employment practices liability, professional liability, miscellaneous errors & omissions, medical malpractice, general liability, property (including vacant property), and legal expenses. |
Buy | - |