Announced
Completed
JAB-backed Independence Pet Holdings completed the acquisition of Independence American Insurance Company and an 85% stake in PetPartners from Independence Holding Company for $265m.
Financials
Sources
Tags
Full Line Insurance
Friendly
insurance provider
Acquisition
Cross Border
United States
Majority
Private
Private Equity
Completed
Single Bidder
Synopsis
JAB-backed Independence Pet Holdings, an investment company specifically formed to facilitate this transaction, completed the acquisition of Independence American Insurance Company, a specialty health and pet insurance firm, and an 85% stake in PetPartners, a pet insurance firm, from Independence Holding Company, a life insurance company, for $265m.
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