M&A Deal Summary

Ladenburg Thalmann Annuity Insurance Services Acquires Kestler Financial Group - Insurance Distribution Business

On September 5, 2018, Ladenburg Thalmann Annuity Insurance Services acquired insurance company Kestler Financial Group - Insurance Distribution Business from Kestler Financial Group

Acquisition Highlights
  • This is Ladenburg Thalmann Annuity Insurance Services’ 1st transaction in the Insurance sector.
  • This is Ladenburg Thalmann Annuity Insurance Services’ 1st transaction in the United States.
  • This is Ladenburg Thalmann Annuity Insurance Services’ 1st transaction in Virginia.

M&A Deal Summary

Date 2018-09-05
Target Kestler Financial Group - Insurance Distribution Business
Sector Insurance
Buyer(s) Ladenburg Thalmann Annuity Insurance Services
Sellers(s) Kestler Financial Group
Deal Type Divestiture

Target

Kestler Financial Group - Insurance Distribution Business

Leesburg, Virginia, United States
Kestler Financial Group, Inc. - Insurance Distribution Business is a distributor of annuity solutions for independent financial advisors throughout the country.

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Buyer(S) 1

Buyer

Ladenburg Thalmann Annuity Insurance Services

Birmingham, Alabama, United States

Category Company
Sector Insurance
DESCRIPTION

Ladenburg Thalmann Annuity Insurance Services LLC is a full-service annuity processing and marketing platform offering advisors proprietary and industry-leading technologies, contracting and licensing, and in-house annuity experts. The company’s sales support team works in close coordination with financial advisors to ensure that the products being offered are in the best interest of the client.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Kestler Financial Group

Leesburg, Virginia, United States

Category Company
Founded 1997
Sector Financial Services
DESCRIPTION

Kestler Financial Group, Inc. is a valued resource for thousands of independent advisors nationwide. KFG delivers products and tools built on a robust platform for their clients to run and grow their practices more successfully. Members of the KFG team have a rich history of being thought leaders in the annuity distribution channel, and the firm has found its niche providing insurance and annuity solutions within the securities industry.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1