National Western Life Group, Inc. Acquires Ozark National Life Insurance, Inc. and N.I.S. Financial Services, Inc. New York, NY, February 1st, 2019– National Western Life Insurance Co., a subsidiary of National Western Life Group Inc., has completed its acquisition of CNS Corp. units Ozark National Life Insurance Inc. and N.I.S. Financial Services Inc. [...]
Letter from the CEO We hope this finds you well after another successful year and a joyful Holiday Season. 2018 was a record year for the firm. Not only did we celebrate our 20th Anniversary, we announced and/or closed 16 transactions totaling in excess of $1 billion in transaction value. 10 sell side assignments, including [...]
Group1001 Acquires Lackawanna Insurance Group WILKES-BARRE, Pa., Nov. 15, 2018 - Group1001 announced today it will acquire 100% of Lackawanna Casualty Company and its wholly-owned subsidiaries, Lackawanna American Insurance Company and Lackawanna National Insurance Company, together known as "Lackawanna Insurance Group." Lackawanna is currently the 7th largest writer of workers' compensation in Pennsylvania. Group1001 [...]
Merger & Acquisition Services, Inc. Awarded CORPORATE/STRATEGIC DEAL OF THE YEAR at the 17th Annual M&A Advisor Award New York, NY, November 7, 2018 – The M&A Advisor has announced the Winners of The M&A Advisor Awards on November 6th, 2018 during the 17th Annual M&A Advisor Awards Gala at the New York Athletic Club. Merger [...]
INSURANCE INSIGHT Life insurer's $203M deal accentuates new emphasis on US biz Friday, October 5, 2018 10:56 AM ET By Tim Zawacki A company that has historically emphasized writing life insurance business in select markets outside of the U.S. will boost a recent decision to refocus domestically with a sizable acquisition. National Western Life [...]
For Immediate Release National Western Life Group, Inc. Announces Agreement to Acquire Ozark National Life Insurance Company Austin, Texas, October 4, 2018 – Ross R. Moody, Chairman, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today that its wholly owned subsidiary, National Western Life Insurance Company (“National Western” [...]
For Immediate Release WRM American Indemnity Holdings sold WRM America Indemnity Company to Sirius America August 20, 2018 –WRM American Indemnity Holdings sold WRM America Indemnity Company to Sirius America. Merger & Acquisition Services, Inc. served as Financial Advisor toWRM and Aquiline Capital Partners. About Merger & Acquisition Services, Inc. Merger & Acquisition Services, [...]
For Immediate Release Walgreens sold Smart Insurance Company to RGA April 3 , 2018 –Chesterfield, Mo.-based Reinsurance Group of America Inc. unit Reinsurance Company of Missouri Inc. has acquired Arlington, Texas-based Smart Insurance Co. from Deerfield, Ill.-based Walgreens Boots Alliance, Inc. Reinsurance Group of America Inc. paid $7.7 million to acquire Smart Insurance [...]
For Immediate Release TMS Re Completed a financing transaction with Oak Street Funding July 5, 2018 –TMS Re completed a financing transaction with Oak Street Funding. Merger & Acquisition Services, Inc. served as Advisor toTMS Re. About Merger & Acquisition Services, Inc. Merger & Acquisition Services, Inc. is a specialist advisory and financial services [...]
For Immediate Release Munich RE sold Munich Re Stop Loss, Inc to TMS RE July 5, 2018 –Munich Re sold Munich Re Stop Loss, Inc., a managing general underwriter of medical stop loss & provider excess of loss business, to TMS Re. Merger & Acquisition Services, Inc. served as Financial Advisor to Munich Re. About [...]