M&A Deal Summary

Lincoln Financial Group Acquires Jefferson-Pilot

On April 3, 2006, Lincoln Financial Group acquired insurance company Jefferson-Pilot for 7.5B USD

Acquisition Highlights
  • This is Lincoln Financial Group’s 1st transaction in the Insurance sector.
  • This is Lincoln Financial Group’s largest (disclosed) transaction.
  • This is Lincoln Financial Group’s 2nd transaction in the United States.
  • This is Lincoln Financial Group’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2006-04-03
Target Jefferson-Pilot
Sector Insurance
Buyer(s) Lincoln Financial Group
Deal Type Add-on Acquisition
Deal Value 7.5B USD

Target

Jefferson-Pilot

Greensboro, North Carolina, United States
Jefferson-Pilot Corp. is a provider of full range of insurance products and services.

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Buyer(S) 1

Buyer

Lincoln Financial Group

Radno, Pennsylvania, United States

Category Company
Founded 1905
Sector Insurance
Employees11,024
Revenue 11.7B USD (2023)
DESCRIPTION

Lincoln Financial Group is a provider of an advice and solutions in life insurance, annuities, retirement plan services and group protection. Lincoln Financial was founded in 1904 and is based in Radno, Pennsylvania.


DEAL STATS #
Overall 2 of 3
Sector (Insurance) 1 of 2
Type (Add-on Acquisition) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 3
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-30 Administrative Management Group

Arlington Heights, Illinois, United States

Administrative Management Group, Inc. is an employee benefits record keeping firm.

Buy $22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-16 Lincoln Financial Media

United States

Lincoln Financial Media Corp. is a operate LFM stations.

Sell $105M