M&A Deal Summary

GTCR Acquires Alliant Insurance Services

On March 1, 2000, private equity firm GTCR acquired insurance company Alliant Insurance Services

Acquisition Highlights
  • This is GTCR’s 2nd transaction in the Insurance sector.
  • This is GTCR’s 18th transaction in the United States.
  • This is GTCR’s 1st transaction in California.
Investment Fate
  • Alliant Insurance Services was sold to a consortium of financial buyers in 2005.
  • Alliant Insurance Services was sold to a consortium of financial buyers in 2007 for 1.2B USD.
  • Alliant Insurance Services was sold to a consortium of financial buyers in 2012.
  • Alliant Insurance Services was sold to a consortium of financial buyers in 2015.

M&A Deal Summary

Date 2000-03-01
Target Alliant Insurance Services
Sector Insurance
Buyer(s) GTCR
Deal Type Consolidation

Target

Alliant Insurance Services

Irvine, California, United States
Alliant Insurance Services is a retail insurance broker providing property and casualty insurance and employee benefits products to over 15,000 commercial middle market clients nationwide. Alliant Insurance Services was founded in 1925 and is based in Irvine, California.

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Buyer(S) 1

Buyer

GTCR

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.


DEAL STATS #
Overall 18 of 157
Sector: Insurance M&A 2 of 8
Type: Consolidation M&A Deals 1 of 16
State: California M&A 1 of 10
Country: United States M&A 18 of 148
Year: 2000 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-27 Synagro Technologies

Baltimore, Maryland, United States

Synagro Technologies works to turn waste into worth by helping more than 1,000 municipal and industrial water and wastewater facilities in North America move toward safer, cleaner, and more environmentally beneficial practices. As a recycler of organic by-products in North America, the company is trusted because it removes risks while keeping the logistics clean. Synagro Technologies was founded in 1986 and is based in Baltimore, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-22 Metamor Worldwide

Houston, Texas, United States

Metamor Worldwide (formerly CoreStaff, Inc.) is a IT services business. Metamor’s services included ERP implementation, network services, offshore development and maintenance, outsourced software engineering, web consulting, and IT staffing.

Sell $1.7B