M&A Deal Summary

Trinity Universal Insurance Acquires Direct Response

On February 13, 2009, Trinity Universal Insurance acquired insurance company Direct Response for 220M USD

Acquisition Highlights
  • This is Trinity Universal Insurance’s 3rd transaction in the Insurance sector.
  • This is Trinity Universal Insurance’s largest (disclosed) transaction.
  • This is Trinity Universal Insurance’s 3rd transaction in the United States.
  • This is Trinity Universal Insurance’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2009-02-13
Target Direct Response
Sector Insurance
Buyer(s) Trinity Universal Insurance
Deal Type Add-on Acquisition
Deal Value 220M USD
Advisor(s) Davis Polk & Wardwell (Legal)

Target

Direct Response

Meriden, Connecticut, United States
Direct Response Corporation is a provider of automobile insurance services under the brands Response Insurance and Teachers Insurance Plan.

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Buyer(S) 1

Buyer

Trinity Universal Insurance

Dallas,, Texas, United States
Category Company
Founded 1926
Sector Insurance
DESCRIPTION

Trinity Universal Insurance Co. engages in the property and casualty insurance services and products.

DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Connecticut) 1 of 1
Country (United States) 3 of 3
Year (2009) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-02 Merastar Insurance

Chattanooga, Tennessee, United States

Merastar Insurance Co. is a specializes in the sale of personal automobile and homeowners insurance through employer-sponsored voluntary benefit programs.

Buy $47M
Mergr

Product

Company

Legal