M&A Deal Summary

Sirius International Insurance Group Acquires ArmadaCorp Capital

On April 3, 2017, Sirius International Insurance Group acquired insurance company ArmadaCorp Capital

Acquisition Highlights
  • This is Sirius International Insurance Group’s 2nd transaction in the Insurance sector.
  • This is Sirius International Insurance Group’s 1st transaction in the United States.
  • This is Sirius International Insurance Group’s 1st transaction in Maryland.

M&A Deal Summary
Date 2017-04-03
Target ArmadaCorp Capital
Sector Insurance
Buyer(s) Sirius International Insurance Group
Deal Type Add-on Acquisition

Target

ArmadaCorp Capital

Hunt Valley, Maryland, United States
ArmadaCorp Capital LLC (ArmadaGlobal) is a provider of workforce benefits and health advisory services to businesses and insurance carriers. Armada was formed in 2005 and is based in Hunt Vallley, Maryland.

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Buyer(S) 1

Buyer

Sirius International Insurance Group

Hamilton, Bermuda
Category Company
Founded 2007
Sector Insurance
DESCRIPTION

Sirius International Insurance Group, Ltd. is a provider of reinsurance services through its operating companies.

DEAL STATS #
Overall 2 of 3
Sector (Insurance) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Maryland) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-11 Tryg-Baltica Forsikring Internationalt Forsikringsselskab A/S

Ballerup, Denmark

Tryg-Baltica Forsikring, Internationalt Forsikringsselskab A/S, is a provider of reinsurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 International Medical Group

Indianapolis, Indiana, United States

International Medical Group, Inc. is a provider of medical insurance products and assistance services. IMG offers a full line of international medical insurance products, as well as trip cancellation programs, medical management services and 24/7 emergency medical and travel assistance all designed to provide members Global Peace of Mind® while they’re away from home. International Medical Group, Inc. was established in 1989 and is headquartered in Indianapolis, Indiana.

Buy -
Mergr

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