M&A Deal Summary |
|
---|---|
Date | 2018-12-10 |
Target | Tri-State Consumer Insurance |
Sector | Insurance |
Buyer(s) | Standard Diversified |
Sellers(s) | WT Holdings |
Deal Type | Divestiture |
Deal Value | 54M USD |
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Category | Company |
---|---|
Founded | 1990 |
Sector | Consumer Products |
Employees | 585 |
Revenue | 366M USD (2018) |
Standard Diversified is a holding company that owns and operates subsidiaries in a variety of industries, including other tobacco products, outdoor advertising, and insurance. Standard Diversified was founded in 1990 and is based in Mineola, New York.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (New York) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
WT Holdings Inc. operates as a holding company, which through its subsidiaries provides insurance products and services.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (New York) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |