M&A Deal Summary

Nationwide Mutual Insurance Acquires Jefferson National Financial

On September 28, 2016, Nationwide Mutual Insurance acquired financial services company Jefferson National Financial

Acquisition Highlights
  • This is Nationwide Mutual Insurance’s 2nd transaction in the Financial Services sector.
  • This is Nationwide Mutual Insurance’s 3rd transaction in the United States.
  • This is Nationwide Mutual Insurance’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2016-09-28
Target Jefferson National Financial
Sector Financial Services
Buyer(s) Nationwide Mutual Insurance
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)
Sidley (Legal)

Target

Jefferson National Financial

Louisville, Kentucky, United States
Jefferson National Financial Corp. is a provider of tax-advantaged investing solutions for registered investment advisors (RIAs), fee-based advisors and the clients they serve.

Search 201,429 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

Nationwide Mutual Insurance

Columbus, Ohio, United States
Category Company
Founded 1925
Sector Insurance
DESCRIPTION
Nationwide office in Raleigh, North Carolina.
Nationwide office in Raleigh, North Carolina.

Nationwide is a diversified insurance and financial services organization that provides a full range of personalized insurance and financial services, including auto insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions and long-term savings plans. Nationwide was formed in 1925 and is based in Columbus, Ohio.

DEAL STATS #
Overall 4 of 5
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Kentucky) 1 of 1
Country (United States) 3 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Harleysville Group

Harleysville, Pennsylvania, United States

Harleysville Group, Inc. is an insurance company. Harleysville markets its insurance products to individuals, and small and medium-sized businesses through independent agents.

Buy $834M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 E-Risk Services

Flanders, New Jersey, United States

E-Risk Services LLC is an underwriting management facility and general agency for specialty lines of insurance distributed through a dedicated network of wholesale brokers. E-Risk Services LLC was founded in 1998 and is based in Flanders, New Jersey.

Buy -
Mergr

Product

Company

Legal