M&A Deal Summary |
|
|---|---|
| Date | 2014-12-17 |
| Target | American Strategic Insurance |
| Sector | Insurance |
| Buyer(s) | Progressive |
| Sellers(s) | Flexpoint Ford |
| Deal Type | Add-on Acquisition |
| Deal Value | 875M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1937 |
| Sector | Insurance |
| Employees | 66,308 |
| Revenue | 75.3B USD (2024) |
Progressive of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it's most convenient for them. Progressive was founded in 1937 and is based in Mayfield Village, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Insurance M&A | 2 of 4 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 2 of 4 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1995-12-31 |
Midland Financial Group
Memphis, Tennessee, United States Midland Financial Group, Inc. specializes in underwriting automobile insurance. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-07 |
Blue Hill Specialty Insurance
Chicago, Illinois, United States Blue Hill Specialty Insurance is a provider of specialty insurance services in Chicago, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 7.8B USD |
| Size | Mega |
| Type | Sector Focused |
Flexpoint Ford is a private equity firm focused on investments in healthcare and financial services companies. Flexpoint prefers control based investments and looks to commit $50 to $500 million per transaction. The Firm is flexible when it comes to investment structure and asset class. Flexpoint Ford was formed in 2005 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 23 |
| Sector: Insurance M&A | 3 of 6 |
| Type: Add-on Acquisition M&A Deals | 6 of 13 |
| State: Florida M&A | 1 of 2 |
| Country: United States M&A | 9 of 23 |
| Year: 2014 M&A | 3 of 3 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-17 |
T&H Global Holdings
Naperville, Illinois, United States T&H Global Holdings LLC is a provider of insurance claims services to insurance carriers, insurance brokers, corporations and public entities. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-08 |
TopRx
Bartlett, Tennessee, United States TopRx is a national distributor of generic and branded pharmaceuticals, vitamins, OTC healthcare products, and pharmacy supplies. TopRx serves independent pharmacies, group purchasing organizations, re-packagers, veterinary wholesalers, long-term care facilities, correctional facilities, and mass merchant customers nationwide. TopRx is an authorized distributor for over 90 domestic and foreign manufacturers licensed to sell pharmaceuticals in the U.S. TopRx was formed in 1987 and is based in Bartlett, Tennessee. |
Buy | - |
