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New Deal


Announced

Completed

F&G completed the investment in SYNCIS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

independent marketing organization

Domestic

United States

Diversified Financials

Private

Completed

Acquisition

Minority

Friendly

financial marketing

Synopsis

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F&G, a provider of insurance solutions serving retail annuity and life customers and institutional clients, completed the investment in SYNCIS, an independent marketing organization. Financial terms were not disclosed. "F&G's equity stake in SYNCIS aligns with our growth strategy to diversify earnings and further integrates our partnership to meet the untapped demand for permanent life insurance in multi-cultural and middle-market segments. Our investment in SYNCIS reflects the strategy as part of our recent partial spinoff, which transitioned F&G back to a public company, and is accretive to our shareholders while benefiting underserved markets," Chris Blunt, F&G President and CEO.

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