M&A Deal Summary |
|
|---|---|
| Date | 2023-03-28 |
| Target | Elevance Health - Life & Disability Business |
| Sector | Insurance |
| Buyer(s) | StanCorp Financial Group |
| Sellers(s) | Elevance Health |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Insurance |
| Employees | 2,803 |
| Revenue | 2.8B USD (2014) |
StanCorp Financial Group, Inc. is a provider of financial products and services, including group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Insurance) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-10 |
Invesmart
Bellevue, Washington, United States Invesmart, Inc. is a national full-service retirement financial services firm. Invesmart combines one-on-one, personalized service and technology to help financial service intermediaries advise companies of all sizes in establishing and administering retirement plans. Invesmart provides investment advisory services through Invesmart Advisors, Inc. and brokerage services through Invesmart Securities, LLC, member NASD. |
Buy | $85M |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Insurance |
| Employees | 104,900 |
| Revenue | 171.3B USD (2023) |
Elevance Health is a health benefits company serving customers throughout the United States. Through its networks nationwide, the company delivers a number of leading health benefit solutions through a broad portfolio of integrated health care plans and related services, along with a wide range of specialty products such as life and disability insurance benefits, dental, vision, behavioral health benefit services, as well as long term care insurance and flexible spending accounts. Elevance Health was established in 2001 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-23 |
Blue Cross and Blue Shield of Louisiana
Baton Rouge, Louisiana, United States Blue Cross and Blue Shield of Louisiana offer health insurance including medical, dental, Medicare Advantage and prescription drug coverage to individuals, families and employers. Blue Cross and Blue Shield of Louisiana was founded in 1934 and is based in Baton Rouge, Louisiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-04 |
Paragon Healthcare
Dallas, Texas, United States Paragon Healthcare is a provider of infusion services to patients through its network of ambulatory infusion centers, home infusion pharmacies, and other specialty pharmacy services. Paragon Healthcare was founded in 2002 and is based in Dallas, Texas. |
Buy | - |
