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New Deal


Announced

Completed

Zinnia completed the acquisition of Policygenius.

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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Friendly

Single Bidder

Completed

Majority

Private

Acquisition

Private Equity

Insurance Brokers

insurance services

insurance agents

United States

Domestic

Synopsis

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Zinnia, a life and annuity insurance technology and digital services company, completed the acquisition of Policygenius, a digital insurance marketplace. Financial terms were not disclosed. “At Zinnia, we want to provide solutions that simplify the process of buying insurance and deliver an exceptional experience for consumers from purchase to claim. Policygenius has always put consumer experience at the heart of their business, and their capabilities will accelerate our journey. We look forward to welcoming Policygenius clients, an experienced leadership team, and approximately 450 new team members to Zinnia, and are excited to power growth in our industry," Michele Trogni, Zinnia CEO.

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