M&A Deal Summary |
|
|---|---|
| Date | 2021-12-13 |
| Target | Sun Life’s Sponsored Markets Business |
| Sector | Insurance |
| Buyer(s) | Securian Canada |
| Sellers(s) | Sun Life |
| Deal Type | Divestiture |
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Securian Canada is a provider of life-ready insurance and protection solutions designed to help provide financial security in the Canadian Financial Institution and Association & Affinity markets. Securian Canada is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-13 |
Gerber Life Insurance Co. - Canadian Block Business
White Plains, New York, United States Gerber Life Insurance Co. - Canadian Block Business consists primarily of Grow-Up whole life insurance policies for juveniles. Western & Southern will retain its Gerber Life business in the U.S. |
Buy | - |
Sun Life is a international provider of protection and wealth products and services to individual and corporate customers. With offices in key markets worldwide serving millions of customers, Company help people achieve financial peace of mind by providing sound financial solutions throughout their lifetimes. Sun Life was incorporated in 1871 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Insurance M&A | 3 of 4 |
| Type: Divestiture M&A Deals | 3 of 4 |
| State: Ontario M&A | 2 of 2 |
| Country: Canada M&A | 2 of 2 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-03 |
DentaQuest
Boston, Massachusetts, United States DentaQuest is a third party administrator (TPA) of commercial and government dental insurance programs that serve more than nine million members across the United States. DentaQuest is based in Boston, Massachusetts. |
Buy | $2.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-04 |
Sun Life UK
Basingstoke, United Kingdom Sun Life UK manages life and pension policies and annuity blocks for UK Clients. Sun Life UK is based in Basingstoke, United Kingdom. |
Sell | £248M |
