M&A Deal Summary

Hudson Insurance Group Acquires The Allegheny Group

On November 19, 2020, Hudson Insurance Group acquired insurance company The Allegheny Group

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

M&A Deal Summary

Date 2020-11-19
Target The Allegheny Group
Sector Insurance
Buyer(s) Hudson Insurance Group
Deal Type Add-on Acquisition

Target

The Allegheny Group

Pittsburgh, Pennsylvania, United States
The Allegheny Group, Inc. is a provider of insurance services through its subsidiaries Allegheny Surety Company and Allegheny Surety Agency. The Allegheny Group is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Hudson Insurance Group

New York, New York, United States

Category Company
Sector Insurance
DESCRIPTION

Hudson Insurance Group Inc. is a provider of insurance solutions for commercial and individuals.


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: 2020 M&A 1 of 1