M&A Deal Summary

MAG Mutual Insurance Co. Acquires South Carolina Physician Assurance Co.

On February 19, 2013, MAG Mutual Insurance Co. acquired insurance company South Carolina Physician Assurance Co.

Acquisition Highlights
  • This is MAG Mutual Insurance Co.’s 1st transaction in the Insurance sector.
  • This is MAG Mutual Insurance Co.’s 1st transaction in the United States.
  • This is MAG Mutual Insurance Co.’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2013-02-19
Target South Carolina Physician Assurance Co.
Sector Insurance
Buyer(s) MAG Mutual Insurance Co.
Deal Type Add-on Acquisition

Target

South Carolina Physician Assurance Co.

South Carolina, United States
South Carolina Physician Assurance is a provider of medical malpractice insurance. Company focuses on insuring physicians who are SCMA members, as well as their physician extenders.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

MAG Mutual Insurance Co.

Atlanta, Georgia, United States

Category Company
Founded 1981
Sector Insurance
DESCRIPTION

MAG Mutual Insurance Company is a provider of medical professional liability and hospital professional liability insurances to physicians and hospitals in the United States.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1