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New Deal


Announced

Completed

Protective Life completed the acquisition of Revolos.

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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warranty

Majority

United States

finance solutions

Acquisition

Friendly

Insurance Brokers

Private

Domestic

Single Bidder

Completed

Synopsis

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Protective Life, which provides financial services through the production, distribution and administration of insurance and investment products, completed the acquisition of Revolos, a finance and insurance solutions provider. Financial terms were not disclosed. “Protective’s Asset Protection Division is an important—and growing—part of our business. As we continue to navigate the uncertain situation posed by Covid-19, we remain focused on serving more customers. This transaction aligns well with our plans to build on our strong foundation and protect more people in the future by growing both organically and through acquisitions,” Rich Bielen, Protective President & CEO.

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