M&A Deal Summary

StanCorp Financial Group Acquires Invesmart

On July 10, 2006, StanCorp Financial Group acquired financial services company Invesmart for 85M USD

Acquisition Highlights
  • This is StanCorp Financial Group’s 1st transaction in the Financial Services sector.
  • This is StanCorp Financial Group’s largest (disclosed) transaction.
  • This is StanCorp Financial Group’s 2nd transaction in the United States.
  • This is StanCorp Financial Group’s 1st transaction in Washington.

M&A Deal Summary
Date 2006-07-10
Target Invesmart
Sector Financial Services
Buyer(s) StanCorp Financial Group
Deal Type Add-on Acquisition
Deal Value 85M USD
Advisor(s) Berkshire Global Advisors LLC (Financial)

Target

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.

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Buyer(S) 1

Buyer

StanCorp Financial Group

Portland, Oregon, United States
Category Company
Founded 1998
Sector Insurance
Employees2,803
Revenue 2.8B USD (2014)
DESCRIPTION

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 2 of 3
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 2 of 3
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-01 Life and Disability Insurance Business- TIAA s Group

United States

Life and Disability Insurance Business includes 1,800 group insurance contracts representing 650,000 insured lives and last year generated about $180 million in premiums.

Buy $75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-28 Elevance Health - Life & Disability Business

Indianapolis, Indiana, United States

Elevance Health's Life & Disability Business provides life, disability, and related employee benefits.

Buy -
Mergr

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