M&A Deal Summary |
|
|---|---|
| Date | 2022-10-18 |
| Target | Securian Financial - Retirement Plan Recordkeeping Business |
| Sector | Insurance |
| Buyer(s) | Standard Insurance Inc |
| Sellers(s) | Securian Financial Group |
| Deal Type | Divestiture |
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Standard Insurance Co. Inc. operates as a non-life insurance company in the Philippines, offers insurance services and products.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1880 |
| Sector | Financial Services |
| Employees | 6,400 |
Securian Financial Group is a diversified financial services company offering insurance, investments, and retirement plans and services to individuals and businesses. Securian was established in 1880 and is headquartered in St. Paul, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 2 of 3 |
| State (Minnesota) | 1 of 2 |
| Country (United States) | 2 of 3 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-08 |
Armour Group
London, Ontario, Canada Armour Group is a distributor of credit and specialty property and casualty products through automobile dealers, recreational vehicle dealers and finance companies in Canada. Armour Group was founded in 1972 and is based in London, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-25 |
Securian Financial Group s Retail Wealth Business
St. Paul, Minnesota, United States Securian Financial Group's Retail Wealth Business provides financial advice to individuals and businesses across the country through trusted financial advisors and financial institutions. |
Sell | - |
