M&A Deal Summary |
|
|---|---|
| Date | 2015-02-16 |
| Target | CHU Underwriting Agencies Pty |
| Sector | Insurance |
| Buyer(s) | Steadfast |
| Sellers(s) | QBE |
| Deal Type | Divestiture |
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Steadfast is a provider of services to a network of 316 insurance broker businesses across Australia and New Zealand. Steadfast operates as both a broker network and a consolidator through its equity interests in a number of insurance broker businesses. Steadfast was founded in 1996 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 32 |
| Sector: Insurance M&A | 32 of 32 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Australia M&A | 32 of 32 |
| Year: 2015 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-16 |
Underwriting Agencies of Australia Pty
Newcastle,, Australia Underwriting Agencies of Australia Pty Limited is a underwriting agency, which covers insurance for industrial and commercial plants and equipment. |
Buy | - |
QBE is a general insurance and reinsurance companies, with operations in all the key insurance markets.The company underwrites commercial and personal lines classes of business through operations in 45 countries. QBE was founded in 1886 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Insurance M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 4 of 5 |
| Country: Australia M&A | 2 of 2 |
| Year: 2015 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-16 |
Underwriting Agencies of Australia Pty
Newcastle,, Australia Underwriting Agencies of Australia Pty Limited is a underwriting agency, which covers insurance for industrial and commercial plants and equipment. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-24 |
QBE Insurance - Workers Compensation Business
Argentina QBE Insurance Group Limited, Workers Compensation Business in Argentina provides workers compensation insurance services. |
Sell | $95M |
