M&A Deal Summary

Hudson Insurance Co. Acquires Euclid Managers

On June 3, 2015, Hudson Insurance Co. acquired insurance company Euclid Managers from Euclid Insurance Services

Acquisition Highlights
  • This is Hudson Insurance Co.’s 1st transaction in the Insurance sector.
  • This is Hudson Insurance Co.’s 1st transaction in the United States.
  • This is Hudson Insurance Co.’s 1st transaction in Illinois.

M&A Deal Summary

Date 2015-06-03
Target Euclid Managers
Sector Insurance
Buyer(s) Hudson Insurance Co.
Sellers(s) Euclid Insurance Services
Deal Type Divestiture

Target

Euclid Managers

Itasca, Illinois, United States
Euclid Managers, Inc. is a provider of insurance services.

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Buyer(S) 1

Buyer

Hudson Insurance Co.

New York, New York, United States

Category Company
Sector Insurance
DESCRIPTION

Hudson Insurance Co. is a specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Euclid Insurance Services

Itasca, Illinois, United States

Category Company
Founded 1952
Sector Insurance
DESCRIPTION

Euclid Insurance Services, Inc., is retaining and currently expanding their health and life general agency business and their commercial managing general agency program businesses.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-07 Euclid Insurance Retail Insurance Assets

United States

Euclid Retail Business specializes in commercial property & casualty and employee benefits insurance for middle-market companies and personal lines insurance for individuals throughout the Mid-West.

Sell -