M&A Deal Summary

United Heritage Financial Group Acquires Merced Property & Casualty

On April 1, 2013, United Heritage Financial Group acquired insurance company Merced Property & Casualty

Acquisition Highlights
  • This is United Heritage Financial Group’s 1st transaction in the Insurance sector.
  • This is United Heritage Financial Group’s 1st transaction in the United States.
  • This is United Heritage Financial Group’s 1st transaction in California.

M&A Deal Summary

Date 2013-04-01
Target Merced Property & Casualty
Sector Insurance
Buyer(s) United Heritage Financial Group
Deal Type Add-on Acquisition

Target

Merced Property & Casualty

Atwater, California, United States
Merced Property & Casualty Co. is a provider of homeowners and dwelling fire insurance to residents of the North, South, and Central valleys of California through a professional network of 116 independent agencies.

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Buyer(S) 1

Buyer

United Heritage Financial Group

Meridian, Idaho, United States

Category Company
Founded 1934
Sector Insurance
DESCRIPTION

United Heritage specializes in the design and sale of quality insurance products. Company strive to be service-conscious, profitable and maintain a strong financial position for the benefit of policyholders, agents, employees, and stakeholders.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1