M&A Deal Summary |
|
|---|---|
| Date | 2018-12-10 |
| Target | Tri-State Consumer Insurance Co. |
| 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 M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2018 M&A | 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 M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |