M&A Deal Summary |
|
|---|---|
| Date | 2015-12-18 |
| Target | Rural Community Insurance Agency |
| Sector | Insurance |
| Buyer(s) | Zurich American Insurance |
| Sellers(s) | Wells Fargo |
| Deal Type | Add-on Acquisition |
| Deal Value | 675M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1912 |
| Sector | Insurance |
Zurich American Insurance Co. is a commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Insurance) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-11 |
SIS
Plano, Texas, United States SIS is a Texas-based program manager whose offerings include gap medical and occupational accident insurance products. SIS has capabilities to develop, underwrite, distribute and administer specialty insurance products for small- and midsize employers. SIS was founded in 1987 and is based in Plano, Texas. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1852 |
| Sector | Financial Services |
| Employees | 264,513 |
| Revenue | 72.3B USD (2020) |
Wells Fargo is a diversified financial services company that provides retail, commercial and corporate banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions in all 50 US states, the District of Columbia and in other countries. Wells Fargo provides other financial services through subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. Wells Fargo was formed in 1852 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 16 |
| Sector (Insurance) | 2 of 4 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Minnesota) | 2 of 3 |
| Country (United States) | 4 of 11 |
| Year (2015) | 3 of 3 |
| Size (of disclosed) | 7 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-18 |
Rural Community Insurance Services
Anoka, Minnesota, United States Rural Community Insurance Services is a provider of agricultural insurance. |
Sell | $1.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-05 |
RELS
RELS LLC is a provider of real estate asset valuation and appraisal solutions. |
Sell | - |
