M&A Deal Summary

Starr Acquires Wright USA

On September 1, 2016, Starr acquired insurance company Wright USA from Ironshore

Acquisition Highlights
  • This is Starr’s 1st transaction in the Insurance sector.
  • This is Starr’s 1st transaction in the United States.
  • This is Starr’s 1st transaction in Delaware.

M&A Deal Summary
Date 2016-09-01
Target Wright USA
Sector Insurance
Buyer(s) Starr
Sellers(s) Ironshore
Deal Type Divestiture

Target

Wright USA

Wilmington, Delaware, United States
Wright USA is a provider of insurance plans specifically tailored to meet the unique needs of federal employees and their families.

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Buyer(S) 1

Buyer

Starr

New York, New York, United States
Category Company
Founded 1919
Sector Insurance
DESCRIPTION

Starr Companies, through its subsidiaries, offers insurance services.

DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 2
Type (Divestiture) 1 of 2
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-07 Aspen Insurance Holdings - Aviation Business

Hamilton, Bermuda

Aspen Insurance Holdings Ltd. - Aviation Business is a provider of insurance services to aviation industry.

Buy -

Seller(S) 1

SELLER

Ironshore

Hamilton, Bermuda
Category Company
Founded 2006
Sector Insurance
Employees610
DESCRIPTION

Ironshore, Inc. is a provider of broker-sourced specialty property and casualty insurance coverages for varying risks on a global basis through its international platforms.

DEAL STATS #
Overall 1 of 4
Sector (Insurance) 1 of 4
Type (Divestiture) 1 of 3
State (Delaware) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-10 Lexon Surety Group

Hermitage, Tennessee, United States

Lexon Surety Group LLC is an independent surety insurer in the U.S., is comprised of Lexon Insurance Company, Bond Safeguard Insurance Company, and Fortress National Group LLC. The group has been offering a broad array of commercial and contract surety bonds, court and probate bonds, and U.S. Custom bonds through a nationwide network of agents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 Lexon Surety Group

Hermitage, Tennessee, United States

Lexon Surety Group LLC is an independent surety insurer in the U.S., is comprised of Lexon Insurance Company, Bond Safeguard Insurance Company, and Fortress National Group LLC. The group has been offering a broad array of commercial and contract surety bonds, court and probate bonds, and U.S. Custom bonds through a nationwide network of agents.

Sell -
Mergr

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