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  5. Munich Re Acquires Allfinanz

M&A Deal Summary

Munich Re Acquires Allfinanz

On November 12, 2007, Munich Re acquired software company Allfinanz for 48M EUR

Acquisition Highlights
  • This is Munich Re’s 1st transaction in the Software sector.
  • This is Munich Re’s 5th largest (disclosed) transaction.
  • This is Munich Re’s 1st transaction in Ireland.

M&A Deal Summary
Date 2007-11-12
Target Allfinanz
Sector Software
Buyer(s) Munich Re
Deal Type Add-on Acquisition
Deal Value 48M EUR

Target

Allfinanz

Dublin, Ireland
Allfinanz is a provider of web-based business processing and underwriting automation software to the life insurance industry.

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Buyer(S) 1

Buyer

Munich Re

Munich, Germany
Category Company
Founded 1880
Sector Insurance
Employees43,550
Revenue 42.3B EUR (2024)
DESCRIPTION

Munich Re is a global reinsurance company. ERGO, a Munich Re subsidiary, is the Group’s primary insurance brand. Munich Re was founded in 1880 and is based in Munich, Germany.

DEAL STATS #
Overall 3 of 11
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 8
Country: Ireland M&A 1 of 1
Year: 2007 M&A 3 of 4
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-29 MSP Underwriting

London, United Kingdom

MSP Underwriting Ltd. is a provider of commercial property and aviation insurance services. MSP Underwriting is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-17 Sterling Life Insurance Co.

Bellingham,, Washington, United States

Sterling Life Insurance Company, is a provider of insurance plans for commercials and individuals.

Buy $352M
Mergr

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