.
MergerLinks Header Logo

Announced

Completed

Lancer Insurance completed the merger with Core Specialty.

Financials

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

Tags

Edit

United States

Single Bidder

Friendly

Merger

Private

insurance

Domestic

Insurance Brokers

Majority

Completed

Synopsis

Edit

Lancer Insurance, a specialty insurer offering commercial auto insurance, completed the merger with Core Specialty, an insurance firm. Financial terms were not disclosed. "All of us at Lancer are excited to be joining forces with Core Specialty. Core Specialty's management team is exceptional and our friendship with Jeff Consolino, Ed Noonan and members of Core Specialty's Board goes back a very long way. I have no doubt Lancer and Core Specialty's combined operating and financial resources will create tremendous growth opportunities for our shareholders, employees, policyholders and distribution partners," Dave Delaney, Lancer Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US