Project BeachcomberWire Business Overview – Project Beachcomber or (the “Company”) is an Attorney-in-Fact and management company for a “shell” Risk Retention Group that was established to provide general and professional liability coverage to long term senior care facilities nationwide. The Company was started in 2017, is approved in all states, and operates in [...]
M&A Services’ Paul Procops winner of 10th Annual Emerging Leaders Award by The M&A Advisor New York, NY, May 31st, 2019 – The M&A Advisor announced this year’s winners of the 10th Annual Emerging Leaders Awards. Renowned globally for its recognition of leading M&A, financing, and turnaround professionals, The M&A Advisor created this awards [...]
Summit Risk Advisors completes $100MM Recapitalization with Colbeck New York, NY, March , 2019 – Summit Risk Advisors (“Summit”),previously SEK Holding Company, LLC has completed a $100,000,000 recapitalization and senior debt facility with Colbeck Capital Management (“Colbeck”), to finance the acquisition of nine retail insurance agencies, consolidate ownership, and to provide a delayed draw [...]
Merger & Acquisition Services, Inc. Awarded Investment Advisory Company of the Year – Insurance Sector by CorporateLiveWire Innovation & Excellence Award 2019 New York, NY, April 1st, 2019 – The highly celebrated CorporateLiveWire Innovation & Excellence Awards give recognition to businesses that are transforming their respective industries and the standard bearers of excellence by [...]
Merger & Acquisition Services, Inc. Awarded Best Boutique Insurance Investment Bank Solution by Global Business Insight Award 2018 New York, NY, March 1st, 2019 – The 2018 Global Business Insight Awards celebrate business leadership, innovation in finance and investment and sector success across all seven continents of the world. Our awards endeavour to identify [...]
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. [...]
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 [...]
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 [...]
NOTE TO THE FOLLOWING ARTICLE In 2016 Merger & Acquisition Services, Inc. (M&A) advised AXA Insurance Group on the sale of Mosaic Insurance Company to Metromile. The acquisition of Mosiac provided Metromile with a nationwide admitted platform for their pay-per mile personal auto product. “It is fantastic to see Metromile continues its growth [...]
DATA DISPATCH M&A Services Inc. Ranked #1 by Deal Value for Q2 2018 Tuesday, July 10, 2018 In the insurance brokerage space, Merger & Acquisition Services Inc. topped the deal value league table by S&P Global – Market Intelligence thanks to its buy-side role on White Mountains Insurance Group Ltd.'s $368.3 million purchase of [...]