M&A Deal Summary

Kemper Acquires American Access Casualty

On November 23, 2020, Kemper acquired insurance company American Access Casualty for 370M USD

Acquisition Highlights
  • This is Kemper’s 9th transaction in the Insurance sector.
  • This is Kemper’s 2nd largest (disclosed) transaction.
  • This is Kemper’s 12th transaction in the United States.
  • This is Kemper’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2020-11-23
Target American Access Casualty
Sector Insurance
Buyer(s) Kemper
Deal Type Add-on Acquisition
Deal Value 370M USD
Advisor(s) Piper Sandler & Co. (Financial)
Winston & Strawn (Legal)

Target

American Access Casualty

Downers Grove, Illinois, United States
American Access Casualty Co. provides specialty private passenger auto insurance services. American Access Casualty was founded in 1999 and is based in Downers Grove, Illinois.

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Buyer(S) 1

Buyer

Kemper

Chicago, Illinois, United States
Category Company
Founded 1990
Sector Insurance
Employees8,100
Revenue 4.9B USD (2023)
DESCRIPTION

Kemper is a diversified insurance holding company with subsidiaries that provide an array of products to the individual and small business market. Kemper was founded in 1990 and is based in Chicago, Illinois.

DEAL STATS #
Overall 12 of 12
Sector (Insurance) 9 of 9
Type (Add-on Acquisition) 9 of 9
State (Illinois) 2 of 2
Country (United States) 12 of 12
Year (2020) 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-29 Adler Hot Oil Services

Vernal, Utah, United States

Adler Hot Oil Services LLC is an oilfield service company providing heating services for oil and gas well sites. Adler Hot Oil Services was founded in 1989 and is based in Vernal, Utah.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 Reserve National Insurance

Oklahoma, Oklahoma, United States

Reserve National Insurance offers a variety of hospital, surgical, accident, supplemental, specified disease and life insurance plans. Reserve National Insurance was founded in 1956 and is based in Oklahoma City.

Sell -
Mergr

Product

Company

Legal