Deal Overview
Buyer | Argo Group International Holdings, Ltd. |
Actual Acquirer | Trident Insurance Services, LLC |
Target | Massamont Insurance Agency Inc. |
Deal Type | Insurance Broker Company |
Insurance Sector | NA |
Agreement Date | 03/01/2008 |
Announcement Date | 03/01/2008 |
Announced Deal Value ($M) | NA |
Status | Completed |
Completion Date | 03/01/2008 |
Deal Terms
The terms of the cash deal were not disclosed. Argo Group International Holdings Ltd. has accrued $0.6 million of contingent consideration as of March 31, 2009. |
|
Percent Acquired (%) | 100.00 |
Accounting Method | Purchase |
Merger of Equals | No |
Estimated Cost Savings (%) | NA |
Est. Restructuring Charges ($000) | NA |
Deal Advisors
Financial Advisors | |
Party Advised | Firm Name |
---|---|
Buyer | NA |
Seller | Macquarie USA LLC |
Legal Counsel | |
Party Advised | Firm Name |
---|---|
Buyer | NA |
Seller | Hemenway & Barnes LLP |