M&A Deal Summary

Hyatt Legal Plans Acquires Signature LegalCare Busines

On July 22, 2010, Hyatt Legal Plans acquired business services company Signature LegalCare Busines from Allstate

Acquisition Highlights
  • This is Hyatt Legal Plans’ 1st transaction in the Business Services sector.
  • This is Hyatt Legal Plans’ 1st transaction in the United States.

M&A Deal Summary

Date 2010-07-22
Target Signature LegalCare Busines
Sector Business Services
Buyer(s) Hyatt Legal Plans
Sellers(s) Allstate
Deal Type Divestiture

Target

Signature LegalCare Busines

United States
Signature LegalCare Busines, provides legal plans.

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Buyer(S) 1

Buyer

Hyatt Legal Plans

Cleveland, Ohio, United States

Category Company
Founded 1977
Sector Business Services
DESCRIPTION

Hyatt Legal Plans, Inc., a MetLife company, helps American workers address important life issues through sponsored legal benefits. The company provides affordable access to the most commonly needed legal services to over three million plan members through a simple payroll deduction.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1

Seller(S) 1

SELLER

Allstate

Northbrook, Illinois, United States

Category Company
Founded 1931
Sector Insurance
Employees55,000
Revenue 64.1B USD (2024)
DESCRIPTION
Entrance to Allstate's corporate headquarters in Northbrook, Illinois.
Entrance to Allstate's corporate headquarters in Northbrook, Illinois.

Allstate is a provider of insurance offerings, including property-liability insurance, auto/home, and life insurance. Allstate was formed in 1931 and is based in Northbrook, Illinois.


DEAL STATS #
Overall 1 of 7
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 5
Country: United States M&A 1 of 7
Year: 2010 M&A 1 of 1
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
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San Francisco, California, United States

Esurance Insurance Services, a provider of online auto insurance quotes through an award-winning website, and combines best-in-class technology developed specifically for the needs of self-directed and brand-sensitive consumers with a 24/7 call center.

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