M&A · Financials · Buyer's industry: Fire, Marine & Casualty Insurance
Horace Mann Educators Corp to acquire Madison National Life Insurance Company
Announced Jul 14, 2021 · Closed Jan 3, 2022 · Private target
Deal value$173M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- Horace Mann Educators Corp (HMN)
- Target
- Madison National Life Insurance Company
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jan 3, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Raymond James
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- Fire, Marine & Casualty Insurance