Announced
Financials
Tags
Cross Border
Private
United States
insurance
Full Line Insurance
Acquisition
Friendly
Majority
Pending
Single Bidder
Synopsis
iA Financial, an insurance and wealth management company, agreed to acquire Vericity, an insurance company, for $170m. "This is an exciting transaction that we believe offers compelling value for all of our stockholders and reflects the strength of our business. We look forward to accelerating our strategic advancement within iA as we further grow the eFinancial platform, the business overall, and create new opportunities for our people and the franchise,” James Hohmann, Vericity CEO.
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