M&A Deal Summary

The Amynta Group Acquires Unum Group s Medical Stop Loss Business

On July 8, 2024, The Amynta Group acquired insurance company Unum Group s Medical Stop Loss Business from Unum

Acquisition Highlights
  • This is The Amynta Group’s 8th transaction in the Insurance sector.
  • This is The Amynta Group’s 10th transaction in the United States.

M&A Deal Summary

Date 2024-07-08
Target Unum Group s Medical Stop Loss Business
Sector Insurance
Buyer(s) The Amynta Group
Sellers(s) Unum
Deal Type Divestiture

Target

Unum Group s Medical Stop Loss Business

United States
Unum Group's Medical Stop Loss Business provides medical stop loss coverage to a diversified group of employers and industries across the United States.

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Buyer(S) 1

Buyer

The Amynta Group

New York, New York, United States

Category Company
Sector Insurance
DESCRIPTION

The Amynta Group distributes commercial insurance products through managing general agents, offers niche insurance services through specialty risk managers, and provides extended warranties and other financial protection plans for automotive and consumer products. The Amynta Group is based in New York, New York.


DEAL STATS #
Overall 11 of 15
Sector: Insurance M&A 8 of 12
Type: Divestiture M&A Deals 5 of 6
Country: United States M&A 10 of 14
Year: 2024 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-06 Sutton Special Risk

Toronto, Ontario, Canada

Sutton Special Risk is a managing general underwriter (MGU) of specialty insurance products. Sutton Special Risk was formed in 1978 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-24 C&F Credit Division

Morristown, New Jersey, United States

C&F Credit Division offers a suite of structured credit insurance solutions. C&F Credit Division is based in Morristown, New Jersey.

Buy -

Seller(S) 1

SELLER

Unum

Chattanooga, Tennessee, United States

Category Company
Founded 1848
Sector Insurance
Employees10,833
Revenue 12.8B USD (2024)
DESCRIPTION
Unum's corporate headquarters in Chattanooga, Tennessee.
Unum's corporate headquarters in Chattanooga, Tennessee.

Unum is a provider of financial protection benefits in the United States and the United Kingdom. Unum’s portfolio includes disability, life, accident and critical illness coverage, which help protect millions of working people and their families in the event of an illness or injury. Unum was formed in 1848 and is based in Chattanooga, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 LeaveLogic

Seattle, Washington, United States

LeaveLogic, Inc. is a parental leave management platform. LeaveLogic provides a central dashboard that helps employees manage their parental leave plans in one place. LeaveLogic, Inc. was founded in 2015 and is based in Seattle, Washington.

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