M&A Deal Summary

Great American Insurance Acquires National Interstate

On February 5, 2014, Great American Insurance acquired insurance company National Interstate

Acquisition Highlights
  • This is Great American Insurance’s 1st transaction in the Insurance sector.
  • This is Great American Insurance’s 1st transaction in the United States.
  • This is Great American Insurance’s 1st transaction in Ohio.

M&A Deal Summary

Date 2014-02-05
Target National Interstate
Sector Insurance
Buyer(s) Great American Insurance
Deal Type Add-on Acquisition

Target

National Interstate

Richfield,, Ohio, United States
National Interstate Corp.is a specialty property and casualty insurance holding company offer more than 30 different insurance products, including traditional insurance,innovative alternative risk transfer (ART) programs for commercial companies and insurance for specialty vehicle owners.

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Buyer(S) 1

Buyer

Great American Insurance

Cincinnati, Ohio, United States

Category Company
Founded 1872
Sector Insurance
DESCRIPTION

Great American Life Insurance Co. is a provider of property and casualty insurance (“P&C”), focusing on specialized commercial products for businesses. Great American Life Insurance was founded in 1872 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 Service Lloyds Insurance - Texas Nonsubscription Insurance Business

United States

Service Lloyds Insurance Co., Inc. - Texas Nonsubscription Insurance Business provides worker compensation coverage solutions.

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