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

International underwriter of specialty insurance and reinsurance products in areas of the property and casualty market.

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