M&A Deal Summary

Massachusetts Mutual Life Insurance Acquires Viability Advisory Group

On November 17, 2015, Massachusetts Mutual Life Insurance acquired software company Viability Advisory Group

Acquisition Highlights
  • This is Massachusetts Mutual Life Insurance’s 1st transaction in the Software sector.
  • This is Massachusetts Mutual Life Insurance’s 2nd transaction in the United States.
  • This is Massachusetts Mutual Life Insurance’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2015-11-17
Target Viability Advisory Group
Sector Software
Buyer(s) Massachusetts Mutual Life Insurance
Deal Type Add-on Acquisition

Target

Viability Advisory Group

Hartford, Connecticut, United States
Viability has developed a patent-pending analysis program to help companies evaluate the financial costs associated with employees being unprepared for retirement and the loss of productivity attributed to employees’ lack of financial security. As part of the evaluation, the program calculates the hard-dollar cost of inappropriate or under-utilization of retirement savings and other employee benefits programs.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Massachusetts Mutual Life Insurance

Springfield, Massachusetts, United States
Category Company
Founded 1851
Sector Insurance
DESCRIPTION

MassMutual is a mutual life insurance company that is run for the benefit of its members and participating policyholders. Company offers various products and solutions, including annuities, college savings plans (529), disability income insurance, individual retirement account, investments, life insurance.

DEAL STATS #
Overall 2 of 5
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Connecticut) 1 of 1
Country (United States) 2 of 5
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 Hartford Retirement Services

Boston, Massachusetts, United States

Hartford Retirement Services LLC is a provider of financial planning and consulting services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 MetLife - U.S. Retail Advisor Force

United States

MetLife's U.S. Retail advisor force is a retail distribution operation with more than 40 local sales and advisory operations and approximately 4,000 advisors across the country.

Buy -
Mergr

Product

Company

Legal