M&A Deal Summary |
|
|---|---|
| Date | 2025-01-30 |
| Target | Allstate - Group Health business |
| Sector | Insurance |
| Buyer(s) | Nationwide Mutual Insurance Co. |
| Sellers(s) | Allstate |
| Deal Type | Divestiture |
| Deal Value | 1.3B USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1925 |
| Sector | Insurance |
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 | 6 of 6 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-26 |
Rabon Insurance
Monroe, North Carolina, United States Rabon Insurance is a provider of personal and commercial lines insurance solutions to clients throughout North Carolina and is headquartered in Monroe, North Carolina. |
Sell | - |
Allstate is a provider of insurance offerings, including property-liability insurance, auto/home, and life insurance. Allstate was formed in 1931 and is based in Northbrook, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Insurance M&A | 5 of 5 |
| Type: Divestiture M&A Deals | 5 of 5 |
| State: Illinois M&A | 4 of 4 |
| Country: United States M&A | 7 of 7 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-13 |
Allstate - Employer Voluntary Benefits Business
Northbrook, Illinois, United States Allstate's Employer Voluntary Benefits Business is a provider of supplemental and voluntary workplace benefits, including Whole Life, Universal Life, Accident, Hospital Indemnity, Cancer, and Critical Illness coverage. |
Sell | $2.0B |
