M&A Deal Summary

Security National Life Insurance Acquires Memorial Insurance Company of America

On December 29, 2005, Security National Life Insurance acquired insurance company Memorial Insurance Company of America

Acquisition Highlights
  • This is Security National Life Insurance’s 3rd transaction in the Insurance sector.
  • This is Security National Life Insurance’s 3rd transaction in the United States.
  • This is Security National Life Insurance’s 1st transaction in Arkansas.

M&A Deal Summary

Date 2005-12-29
Target Memorial Insurance Company of America
Sector Insurance
Buyer(s) Security National Life Insurance
Deal Type Add-on Acquisition

Target

Memorial Insurance Company of America

Blytheville, Arkansas, United States
Memorial Insurance Company of America is a provider of full range of life insurance services. Memorial Insurance Company of America was formed in 1956 and is based in Blytheville, Arkansas.

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Buyer(S) 1

Buyer

Security National Life Insurance

Salt Lake City, Utah, United States

Category Company
Founded 1965
Sector Insurance
DESCRIPTION

Security National Life Insurance Co. is a provider of life insurance and annuity products to fund prearranged and prepaid funerals in the United States.


DEAL STATS #
Overall 3 of 7
Sector (Insurance) 3 of 7
Type (Add-on Acquisition) 3 of 7
State (Arkansas) 1 of 1
Country (United States) 3 of 7
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-16 Paramount Security Life Insurance

Louisiana, United States

Paramount Security Life Insurance Co. is a provider of life insurance products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-19 Capital Reserve Life Insurance

Jefferson City, Missouri, United States

Capital Reserve Life Insurance Co. is a provider of life insurance products and services. Capital Reserve Life Insurance was formed in 1922 and is based in Jefferson City, Missouri.

Buy -