M&A Deal Summary

The Main Street America Group Acquires Great Lakes Casualty Insurance Co.

On October 1, 2008, The Main Street America Group acquired insurance company Great Lakes Casualty Insurance Co.

Acquisition Highlights
  • This is The Main Street America Group’s 1st transaction in the Insurance sector.
  • This is The Main Street America Group’s 1st transaction in the United States.
  • This is The Main Street America Group’s 1st transaction in Michigan.

M&A Deal Summary

Date 2008-10-01
Target Great Lakes Casualty Insurance Co.
Sector Insurance
Buyer(s) The Main Street America Group
Deal Type Add-on Acquisition

Target

Great Lakes Casualty Insurance Co.

Grand Rapids, Michigan, United States
Great Lakes Casualty Insurance Co. is currently represented by 107 independent agents throughout Michigan that are also investors in the company.

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Buyer(S) 1

Buyer

The Main Street America Group

Jacksonville, Florida, United States

Category Company
Founded 1923
Sector Insurance
DESCRIPTION

The Main Street America Group provides personal lines and commercial lines insurance, and fidelity and surety bond products to individuals, families and small businesses in 36 states through nine carriers.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1