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New Deal


Announced

Completed

Royal London completed the acquisition of The Police Mutual Group.

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

United Kingdom

Private

Diversified Financials

Friendly

financial services

Majority

Single Bidder

Completed

Synopsis

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Royal London, a mutual insurer in the United Kingdom, completed the acquisition of The Police Mutual Group, a provider of financial services exclusively for serving or retired police officers, staff and families. Financial terms were not disclosed. "We're delighted that Police Mutual is now part of Royal London. Royal London and Police Mutual have complementary values and culture. Both are mutual and are committed to delivering the best value for their customers and members. Police Mutual plays a vital role in providing financial services and products to police officers and the armed forces. We are pleased to be able to provide the company with a secure future and look forward to working with Police Mutual colleagues," Barry O'Dwyer, Royal London Chief Executive.

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