M&A Deal Summary

United Fire Group Acquires Mercer Insurance Group

On March 28, 2011, United Fire Group acquired insurance company Mercer Insurance Group for 191M USD

Acquisition Highlights
  • This is United Fire Group’s 1st transaction in the Insurance sector.
  • This is United Fire Group’s largest (disclosed) transaction.
  • This is United Fire Group’s 1st transaction in the United States.
  • This is United Fire Group’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2011-03-28
Target Mercer Insurance Group
Sector Insurance
Buyer(s) United Fire Group
Deal Type Add-on Acquisition
Deal Value 191M USD

Target

Mercer Insurance Group

Pennington, New Jersey, United States
Mercer Insurance Group, Inc. is a provider of commercial and personal lines of insurance to businesses and individuals principally in New Jersey, Pennsylvania, Arizona, California, Nevada and Oregon through its insurance subsidiaries.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

United Fire Group

Cedar Rapids, Iowa, United States
Category Company
Founded 1946
Sector Insurance
Employees852
Revenue 1.1B USD (2023)
DESCRIPTION

United Fire Group is an insurance company and its subsidiaries are engaged in the business of writing property and casualty insurance and life insurance, and selling annuities. United Fire Group was founded in 1946 and is based in Cedar Rapids, Iowa.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal