M&A Deal Summary

Security National Life Insurance Co. Acquires Memorial Insurance Company of America

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

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

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 M&A 3 of 7
Type: Add-on Acquisition M&A Deals 3 of 7
State: Arkansas M&A 1 of 1
Country: United States M&A 3 of 7
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-16 Paramount Security Life Insurance Co.

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 Co.

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 -