Add-on Acquisition • Insurance

SG Benefit Providers Acquires Medicare Group

On May 2, 2024, SG Benefit Providers acquired insurance company Medicare Group for 5M USD

Acquisition Context
  • This is SG Benefit Providers’ 1st transaction in the Insurance sector.
  • This is SG Benefit Providers’ largest (disclosed) transaction.
  • This is SG Benefit Providers’ 1st transaction in the United States.
  • This is SG Benefit Providers’ 1st transaction in Delaware.

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M&A Deal Summary

Date May 2, 2024
Target Medicare Group
Sector Insurance
Buyer(s) SG Benefit Providers
Deal Type Add-on Acquisition
Deal Value 5M USD

Target Company

Medicare Group

Dover, Delaware, United States
Medicare Group offers insurance related services. Medicare Group is based in Dover, Delaware.
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Buyer Overview 1

Buyer

SG Benefit Providers

Dover, Delaware, United States

Category Company
Sector Insurance
DESCRIPTION

SG Benefit Providers is a insurance company dedicated to providing innovative insurance solutions to individuals and businesses. With a focus on customer-centricity and innovation, SG Benefit Providers aims to empower its clients with comprehensive insurance coverage and unparalleled service. SG Benefit Providers is based in Dover, Delaware.


Deal Context for Buyer #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Add-on Acquisition 1 of 1
State: Delaware 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
Size (of disclosed) 1 of 1