M&A Deal Summary

Security National Acquires First Guaranty Insurance

On March 22, 2016, Security National acquired insurance company First Guaranty Insurance

Acquisition Highlights
  • This is Security National’s 1st transaction in the Insurance sector.
  • This is Security National’s 1st transaction in the United States.
  • This is Security National’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2016-03-22
Target First Guaranty Insurance
Sector Insurance
Buyer(s) Security National
Deal Type Add-on Acquisition

Target

First Guaranty Insurance

Ashdown, Arkansas, United States
First Guaranty Insurance Co. is a life insurer, provides funeral, expense life insurance and annuity products that meet the needs of families as well as individuals who desire permanent life insurance coverage.

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Buyer(S) 1

Buyer

Security National

Salt Lake City, Utah, United States
Category Company
Founded 1965
Sector Financial Services
Employees1,227
Revenue 319M USD (2023)
DESCRIPTION

Security National operates three main business segments: life insurance, funeral service and mortgage loans. Security National Financial was founded in 1965 and is based in Salt Lake City, Utah.

DEAL STATS #
Overall 1 of 4
Sector (Insurance) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Arkansas) 1 of 1
Country (United States) 1 of 4
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Kilpatrick Life Insurance

Shreveport, Louisiana, United States

Kilpatrick Life Insurance Co. is a provider of variety of life insurance products, including whole and term life insurance, policies to cover burial expenses, mortgage insurance, hospital indemnity, and ambulance policies. Kilpatrick Life Insurance was founded in 1932 and is based in Shreveport, Louisiana.

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