M&A Deal Summary

Safety National Casualty Acquires Midlands Management

On January 2, 2019, Safety National Casualty acquired business services company Midlands Management

Acquisition Highlights
  • This is Safety National Casualty’s 1st transaction in the Business Services sector.
  • This is Safety National Casualty’s 1st transaction in the United States.
  • This is Safety National Casualty’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2019-01-02
Target Midlands Management
Sector Business Services
Buyer(s) Safety National Casualty
Deal Type Add-on Acquisition

Target

Midlands Management

Oklahoma City, Oklahoma, United States
Midlands Management Corp. is a managing general agent (MGA), wholesale broker, program administrator, and insurance services provider with a specialty in excess workers’ compensation. Midlands Management Corp. was founded in 1990 and is based in Oklahoma City.

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Buyer(S) 1

Buyer

Safety National Casualty

St. Louis, Missouri, United States

Category Company
Founded 1942
Sector Insurance
DESCRIPTION

Safety National is a provider of alternative risk funding products such as excess workers’compensation, deductible casualty, loss portfolio transfers and reinsurance.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Oklahoma M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1