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New Deal


Announced

Completed

Intact Insurance Group completed the acquisition of Highland Insurance Solutions from Tokio Marine Holdings.

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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Majority

Domestic

Completed

United States

Private

Acquisition

insurance company

Managing General Agent

Property and Casualty Insurance

Friendly

underwriting agency

Single Bidder

Synopsis

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Intact Insurance Group, am insurance company, completed the acquisition of Highland Insurance Solutions, a property and casualty underwriting agency, from Tokio Marine Holdings, a multinational insurance holding company. Financial terms were not disclosed.

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