M&A Deal Summary

National Interstate Acquires Vanliner Insurance

On July 1, 2010, National Interstate acquired insurance company Vanliner Insurance from UniGroup for 128M USD

Acquisition Highlights
  • This is National Interstate’s 1st transaction in the Insurance sector.
  • This is National Interstate’s largest (disclosed) transaction.
  • This is National Interstate’s 1st transaction in the United States.
  • This is National Interstate’s 1st transaction in Montana.

M&A Deal Summary

Date 2010-07-01
Target Vanliner Insurance
Sector Insurance
Buyer(s) National Interstate
Sellers(s) UniGroup
Deal Type Divestiture
Deal Value 128M USD

Target

Vanliner Insurance

Fenton, Montana, United States
Vanliner Insurance Co. is a provider of insurance products for the moving and storage industry.

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Buyer(S) 1

Buyer

National Interstate

Richfield,, Ohio, United States

Category Company
Founded 1989
Sector Insurance
Employees580
DESCRIPTION

National Interstate Corp.is a specialty property and casualty insurance holding company offer more than 30 different insurance products, including traditional insurance,innovative alternative risk transfer (ART) programs for commercial companies and insurance for specialty vehicle owners.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

UniGroup

Fenton, Montana, United States

Category Company
Founded 1988
Sector Transportation
DESCRIPTION

UniGroup, Inc. is a provider of logistic services in US.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Handled

Saint Louis, Missouri, United States

Handled is a provider of no-stress, no-surprises home services concierge. Combining technology and the human touch, its concierge platform taps into a national network of highly skilled, trained, and vetted home service professionals. The company curates turnkey services like moving, packing, storage, junk removal, cleaning, landscaping, and home repairs. Handled was formed in 2019 and is based in Saint Louis, Missouri.

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