M&A Deal Summary

HCI Acquires United Personal lines Insurance Business

On December 16, 2021, HCI acquired insurance company United Personal lines Insurance Business from United Property & Casualty Insurance Co.

Acquisition Highlights
  • This is HCI’s 3rd transaction in the Insurance sector.
  • This is HCI’s 3rd transaction in the United States.
  • This is HCI’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-12-16
Target United Personal lines Insurance Business
Sector Insurance
Buyer(s) HCI
Sellers(s) United Property & Casualty Insurance Co.
Deal Type Divestiture

Target

United Personal lines Insurance Business

Georgia, United States
United Personal lines Insurance Business provides insurance in the states of Georgia, North Carolina, and South Carolina.

Search 214,239 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

HCI

Tampa, Florida, United States

Category Company
Founded 2006
Sector Insurance
Employees552
Revenue 749M USD (2024)
DESCRIPTION

HCI is a provider of homeowners insurance, reinsurance, real estate and information technology services. HCI was founded in 2006 and is based in Tampa, Florida.


DEAL STATS #
Overall 3 of 3
Sector: Insurance M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
State: Georgia M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 United Property & Casualty Insurance Co.

Connecticut, United States

United Property & Casualty Insurance Co. operates an insurance business in the states of Connecticut, New Jersey, Massachusetts, and Rhode Island.

Buy -

Seller(S) 1

SELLER

United Property & Casualty Insurance Co.

Connecticut, United States

Category Company
Sector Insurance
DESCRIPTION

United Property & Casualty Insurance Co. operates an insurance business in the states of Connecticut, New Jersey, Massachusetts, and Rhode Island.


DEAL STATS #
Overall 1 of 2
Sector: Insurance M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 UPC Insurance - Flood Insurance Policy Book

Connecticut, United States

UPC Insurance's Flood Insurance Policy Book includes insurance services in Connecticut.

Sell -