M&A Deal Summary

United Insurance Company of America Acquires NationalCare Insurance

On September 30, 1998, United Insurance Company of America acquired insurance company NationalCare Insurance for 99M USD

Acquisition Highlights
  • This is United Insurance Company of America’s 1st transaction in the Insurance sector.
  • This is United Insurance Company of America’s largest (disclosed) transaction.
  • This is United Insurance Company of America’s 1st transaction in the United States.

M&A Deal Summary

Date 1998-09-30
Target NationalCare Insurance
Sector Insurance
Buyer(s) United Insurance Company of America
Deal Type Add-on Acquisition
Deal Value 99M USD
Advisor(s) McAfee & Taft (Legal)

Target

NationalCare Insurance

United States
NationalCare Insurance Co.is a insurance service provider.

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Buyer(S) 1

Buyer

United Insurance Company of America

Chicago, Illinois, United States

Category Company
Sector Insurance
DESCRIPTION

United Insurance Company of America, Inc. engages in the life and health insurance services.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United States) 1 of 1
Year (1998) 1 of 1
Size (of disclosed) 1 of 1