M&A Deal Summary

Liberty Mutual Group Acquires Compañía de Seguros Generales Penta Security SA

On January 14, 2016, Liberty Mutual Group acquired insurance company Compañía de Seguros Generales Penta Security SA

Acquisition Highlights
  • This is Liberty Mutual Group’s 6th transaction in the Insurance sector.
  • This is Liberty Mutual Group’s 1st transaction in Chile.

M&A Deal Summary

Date 2016-01-14
Target Compañía de Seguros Generales Penta Security SA
Sector Insurance
Buyer(s) Liberty Mutual Group
Deal Type Add-on Acquisition

Target

Compañía de Seguros Generales Penta Security SA

Las Condes Santiago de Chile, Chile
Compañía de Seguros Generales Penta Security SA is a provider of property and casualty insurance services.

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Buyer(S) 1

Buyer

Liberty Mutual Group

Boston, Massachusetts, United States

Category Company
Founded 1912
Sector Insurance
Employees50,000
DESCRIPTION
Liberty Mutual office in Charlotte, North Carolina.
Liberty Mutual office in Charlotte, North Carolina.

Liberty Mutual Group is an insurance company. Liberty offers a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products. Liberty Mutual was formed in 1912 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 6 of 12
Sector: Insurance M&A 6 of 11
Type: Add-on Acquisition M&A Deals 4 of 7
Country: Chile M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-18 Liberty Ubezpieczenia

Warsaw, Poland

Liberty Ubezpieczenia is a provider of multi-line insurance services. Liberty Ubezpieczenia was founded in 2007 and is based in Warsaw, Poland.

Sell zł92M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 Ironshore

Hamilton, Bermuda

Ironshore, Inc. is a provider of broker-sourced specialty property and casualty insurance coverages for varying risks on a global basis through its international platforms.

Buy -