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New Deal


Announced

DigitalBGA to acquire FEGLI Exchange Program.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

insurance agency

Private

United States

Friendly

Pending

Insurance Brokers

Majority

Synopsis

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DigitalBGA, a direct-to-consumer distributor of life insurance, agreed to acquire FEGLI Exchange Program, a technology-based insurance agency focused on helping federal employees navigate their life insurance options through retirement. Financial terms were not disclosed. "We are committed to helping government employees save money by exchanging their FEGLI Option B for coverage on the open market. We'll enhance the software to make it even more helpful and start showing federal employees ways to maximize their pension," Nic West, DigitalBGA Managing Partner.

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