1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Pennsylvania >
  6. Group 1001 Acquires Lackawanna Insurance Group

M&A Deal Summary

Group 1001 Acquires Lackawanna Insurance Group

On November 15, 2018, Group 1001 acquired insurance company Lackawanna Insurance Group

Acquisition Highlights
  • This is Group 1001’s 1st transaction in the Insurance sector.
  • This is Group 1001’s 1st transaction in the United States.
  • This is Group 1001’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2018-11-15
Target Lackawanna Insurance Group
Sector Insurance
Buyer(s) Group 1001
Deal Type Add-on Acquisition
Advisor(s) Keefe, Bruyette & Woods (Financial)
Cozen O'Connor (Legal)

Target

Lackawanna Insurance Group

Wilkes-Barre, Pennsylvania, United States
Lackawanna Insurance Group is a provider of workers’ compensation underwriting services. Lackawanna Insurance Group was founded in 1942 and is based in Wilkes-Barre, Pennsylvania.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Group 1001

Indianapolis, Indiana, United States
Category Company
Founded 2013
Sector Insurance
DESCRIPTION

Group One Thousand One LLC is an insurance holding company. Group One Thousand One LLC was founded in 2013 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal