M&A Deal Summary |
|
|---|---|
| Date | 2019-04-09 |
| Target | Foresters Financial - Mutual Fund Management Business |
| Sector | Financial Services |
| Buyer(s) | Macquarie Capital |
| Sellers(s) | Foresters Financial |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
Macquarie Capital is the principal investing arm of financial services company Macquarie Group. Macquarie Capital has global capability in advisory, capital raising services, and provides clients with specialist expertise, advice and flexible capital solutions across a range of sectors and products including investing alongside partners and clients. Macquarie Capital is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 29 |
| Sector (Financial Services) | 3 of 4 |
| Type (Divestiture) | 2 of 4 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2019) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-19 |
AirMap
Santa Monica, California, United States AirMap is an airspace management platform for drones. Industry developers, drone operators, and airspace managers rely on AirMap’s airspace intelligence and services to fly safely and communicate in low-altitude airspace. AirMap unlocks safe, efficient, and scalable operations by connecting the world’s drones to airspace authorities through an open platform of APIs and SDKs, with integrations by top drone manufacturers and solution providers in over 25 countries. AirMap is a leader in delivering technology solutions for UAS Traffic Management (UTM) and U-space to enable safe and responsible drone operations at scale. AirMap was founded in 2014 and is based in Santa Monica, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-06 |
Dovel
McLean, Virginia, United States Dovel advances the missions of its customers in health IT, life sciences, and grants management through the integration of technology and domain expertise and delivers technology solutions for highly complex and data-driven environments. Dovel was founded in 2005 and is based in McLean, Virginia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1874 |
| Sector | Financial Services |
Foresters Financial has been providing socially responsible financial services to individuals and families. Foresters Financial includes The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. Foresters is a purpose-driven organization that exists to enrich family and community well-being and offers insurance products to over three million members and clients in Canada, the US and the U.K.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Financial Services) | 2 of 2 |
| Type (Divestiture) | 2 of 3 |
| State (Ontario) | 2 of 2 |
| Country (Canada) | 2 of 2 |
| Year (2019) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-09 |
Foresters Financial - U.S. Brokerage & Investment Advisory Business
Toronto, Ontario, Canada Foresters Financial - U.S. Brokerage & Investment Advisory Business offers to a substantial portion of the employees of the brokerage and advisory business, who will be expected to continue to play key roles in the growth of the business and support of its advisors. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-17 |
Foresters Life Insurance and Annuity
Edison, New Jersey, United States Foresters Life Insurance and Annuity Co. (FLIAC) is a provider of life insurance and annuity products with 112,000 policyholders throughout the US and $11.9 billion of life insurance in force and $2.5 billion in assets. |
Sell | - |
