M&A Deal Summary

Mutual of America Acquires Landmark Life

On April 26, 2022, Mutual of America acquired insurance company Landmark Life

Acquisition Highlights
  • This is Mutual of America’s 1st transaction in the Insurance sector.
  • This is Mutual of America’s 1st transaction in the United States.
  • This is Mutual of America’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-04-26
Target Landmark Life
Sector Insurance
Buyer(s) Mutual of America
Deal Type Add-on Acquisition

Target

Landmark Life

Brownwood, Texas, United States
Landmark Life underwrites life insurance and annuities in 36 states. Landmark Life solicits annuity and life business via an independent agency force. Landmark Life was founded in 1964 and is based in Brownwood, Texas.

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Buyer(S) 1

Buyer

Mutual of America

New York, New York, United States

Category Company
Founded 1945
Sector Financial Services
DESCRIPTION

Mutual of America is a provider of retirement services and investments to employers, employees, and individuals. Mutual of America provides high-quality, innovative products and services, together with outstanding personalized service, at a competitive price to help customers build and preserve assets to meet their retirement and investment-related needs for a financially secure future. Mutual of America was established in 1945 and is headquartered in New York City.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1