M&A Deal Summary

Kentucky National Insurance Group Acquires Mountain Life Insurance Co.

On December 6, 2017, Kentucky National Insurance Group acquired insurance company Mountain Life Insurance Co.

Acquisition Highlights
  • This is Kentucky National Insurance Group’s 1st transaction in the Insurance sector.
  • This is Kentucky National Insurance Group’s 1st transaction in the United States.
  • This is Kentucky National Insurance Group’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2017-12-06
Target Mountain Life Insurance Co.
Sector Insurance
Buyer(s) Kentucky National Insurance Group
Deal Type Add-on Acquisition

Target

Mountain Life Insurance Co.

Alcoa, Tennessee, United States
Mountain Life Insurance Co., Inc. is a provider of credit life and credit disability insurance in 6 states throughout the Midwest and South.

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Buyer(S) 1

Buyer

Kentucky National Insurance Group

Lexington, Kentucky, United States

Category Company
Sector Insurance
DESCRIPTION

Kentucky National Insurance Group LLC is a provider of insurance services. Kentucky National Insurance Group is based in Lexington, Kentucky.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1