M&A Deal Summary

Guaranty Income Life Insurance Acquires Lincoln Benefit Life

On July 25, 2019, Guaranty Income Life Insurance acquired insurance company Lincoln Benefit Life

Acquisition Highlights
  • This is Guaranty Income Life Insurance’s 1st transaction in the Insurance sector.
  • This is Guaranty Income Life Insurance’s 1st transaction in the United States.
  • This is Guaranty Income Life Insurance’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2019-07-25
Target Lincoln Benefit Life
Sector Insurance
Buyer(s) Guaranty Income Life Insurance
Deal Type Add-on Acquisition
Advisor(s) Morgan Stanley (Financial)
Debevoise & Plimpton (Legal)

Target

Lincoln Benefit Life

Lincoln, Nebraska, United States
Lincoln Benefit Life Co. is a provider of life insurance and annuity solutions. Lincoln Benefit Life Co. services approximately 200,000 policyholders and is licensed in 49 states. It is rated A- (Excellent) by A.M. Best and BBB (Good) by Standard & Poor’s.

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Buyer(S) 1

Buyer

Guaranty Income Life Insurance

Baton Rouge, Louisiana, United States
Category Company
Founded 1926
Sector Insurance
DESCRIPTION

Guaranty Income Life Insurance Company (GILICO) offers competitive life insurance, long-term care, and annuity products and services to help families meet their financial needs, including wealth protection and wealth creation, today and in the future.GILICO is one of the fastest growing life insurance companies in the United States because of our innovative products, 24-hour Web site assistance, agent training emphasis, and efficient, friendly service.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nebraska) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal