M&A Deal Summary

The Baltimore Life Insurance Co. Acquires Philadelphia United Life Insurance Co.

On October 15, 2010, The Baltimore Life Insurance Co. acquired insurance company Philadelphia United Life Insurance Co.

Acquisition Highlights
  • This is The Baltimore Life Insurance Co.’s 1st transaction in the Insurance sector.
  • This is The Baltimore Life Insurance Co.’s 1st transaction in the United States.
  • This is The Baltimore Life Insurance Co.’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2010-10-15
Target Philadelphia United Life Insurance Co.
Sector Insurance
Buyer(s) The Baltimore Life Insurance Co.
Deal Type Add-on Acquisition

Target

Philadelphia United Life Insurance Co.

Bala Cynwyd, Pennsylvania, United States
Philadelphia United Life Insurance Company is a provider of life, annuity, health, and accident insurance services.

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Buyer(S) 1

Buyer

The Baltimore Life Insurance Co.

Owings Mills, Maryland, United States

Category Company
Founded 1882
Sector Insurance
DESCRIPTION

The Baltimore Life Insurance Company provides reliable and affordable life insurance and annuity products to individuals, families and businesses throughout the United States.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1