M&A Deal Summary

NFP Acquires Pro Financial Services

On September 11, 2007, NFP acquired insurance company Pro Financial Services for 73M USD

Acquisition Highlights
  • This is NFP’s 3rd transaction in the Insurance sector.
  • This is NFP’s largest (disclosed) transaction.
  • This is NFP’s 3rd transaction in the United States.
  • This is NFP’s 1st transaction in Illinois.

M&A Deal Summary
Date 2007-09-11
Target Pro Financial Services
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition
Deal Value 73M USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Gould & Ratner LLP (Legal)

Target

Pro Financial Services

Schaumburg, Illinois, United States
Pro Financial Services, Inc. is a specialized managing general underwriter that provides high-limit disability insurance to professional sports franchises, athletes, entertainers and other highly compensated professionals.

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Buyer(S) 1

Buyer

NFP

Austin, Texas, United States
Category Company
Sector Insurance
Revenue 1.1B USD (2013)
DESCRIPTION

NFP is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies. NFP is based in Austin, Texas.

DEAL STATS #
Overall 3 of 149
Sector (Insurance) 3 of 120
Type (Add-on Acquisition) 3 of 147
State (Illinois) 1 of 5
Country (United States) 3 of 115
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-21 Balser Financial

Atlanta, Georgia, United States

Balser Financial Corp. is a provider of benefit plans advisory services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-06 DA Financial Group

Lafayette, California, United States

DA Financial Group is a provider of benefits, financial planning and insurance services for over 50 years

Buy -
Mergr

Product

Company

Legal