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Announced

Completed

AmeriLife Group completed the acquisition of a majority stake in J.D. Mellberg.

Financials

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

Tags

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Completed

United States

Majority

retirement planning

Acquisition

annuity policies

annuity planning

Friendly

Single Bidder

Asset Managers and Custodians

Private

Synopsis

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AmeriLife Group, an insurance services provider, completed the acquisition of a majority stake in J.D. Mellberg Financial, an annuity and retirement planning organization. Financial terms were not disclosed. "We are excited to partner with AmeriLife – a powerhouse in the industry. With this new partnership, we can continue our rapid growth, while remaining dedicated to serving the needs of our clients and agents," Joshua Mellberg, J.D. Mellberg Founder.

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