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New Deal


Announced

777 Partners-backed Brickell Insurance Group to acquire First Trinity Financial.

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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United States

Acquisition

insurance holding company

Life Insurance

Private Equity

Majority

Friendly

Private

Pending

Domestic

Single Bidder

Synopsis

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777 Partners-backed Brickell Insurance Group, an insurer, agreed to acquire First Trinity Financial, an insurance holding company. Financial terms were not disclosed. “We look forward to welcoming First Trinity to the Brickell Insurance Group. The contemplated acquisition reflects Brickell’s firm commitment to the insurance space. First Trinity and its seasoned management team bring a long and admirable track record of originating and servicing life and annuity products along with deep distribution relationships. The Brickell team brings to First Trinity its organizational support as well as, through its affiliate 777 Partners, asset management and access to asset classes that will enhance the value First Trinity is able to provide to policyholders,” Steven W. Pasko, 777 Partners Managing Partner.

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