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Announced

Completed

Integrity Marketing Group completed the acquisition of Annexus from Blackstone.

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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insurance brokerage services

Domestic

Insurance Brokers

United States

Acquisition

insurance products

Majority

Private

Friendly

Single Bidder

Private Equity

Completed

Synopsis

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Integrity Marketing Group, a distributor of life and health insurance, and provider of wealth management and retirement planning solutions, completed the acquisition of Annexus, an insurance and financial product designing and distribution firm, from Blackstone. Financial terms were not disclosed. “Since its founding, Annexus has been the market leader in developing annuity and life insurance products with the highest level of service in the industry. Joining the Integrity platform will provide the experienced team at Annexus with a comprehensive suite of technology, resources and support to layer on top of their already exceptional systems and processes. The partnership will give Integrity access to Annexus’ deep product development and distribution partnership expertise, which will greatly enhance our mission to help more Americans prepare for the good days ahead. It’s an ideal match that will elevate the way insurance and financial planning products are developed and distributed — we can’t wait to get started!” Bryan W. Adams, Integrity Co-Founder and CEO.

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