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 |
