New York Life Insurance Company
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
New York Life Insurance Company is a provider of a wide range of insurance and financial solutions. With a rich history spanning over a century, the company has solidified its reputation as a reliable partner in safeguarding individuals, families, and businesses through a diverse portfolio of insurance products and services. Product/Service Line Breakdown: Life Insurance: New York Life is renowned for its life insurance offerings, providing a range of policies tailored to meet the diverse needs of individuals and families. These include term life, whole life, universal life, and variable universal life insurance options. These policies offer financial protection, legacy planning, and potential investment components. Annuities: The company offers various annuity products that provide individuals with retirement income solutions. Fixed, variable, and indexed annuities are designed to help individuals manage their retirement savings, create predictable income streams, and potentially benefit from market-linked returns. Long-Term Care Insurance: New York Life's long-term care insurance products address the financial challenges associated with extended medical care. These policies help individuals cover expenses related to nursing homes, assisted living facilities, and in-home care, easing the burden on families and preserving assets. Investment and Wealth Management: New York Life provides investment and wealth management services through its subsidiaries, offering investment solutions such as mutual funds, managed accounts, retirement planning, and estate planning services. These offerings aim to help clients grow and protect their wealth over time. Group Employee Benefits: The company offers group insurance products, including life, disability, and dental insurance, to businesses and organizations. These offerings help employers attract and retain talent while providing employees with valuable insurance coverage. Financial Planning and Consultation: New York Life's financial professionals offer personalized financial planning and consultation services. These professionals work closely with clients to assess their financial goals, create tailored strategies, and guide them toward achieving their short- and long-term objectives. Educational Resources: To empower clients and the public with financial knowledge, New York Life provides educational resources through seminars, webinars, articles, and tools. These resources cover topics such as retirement planning, investment strategies, and insurance fundamentals. Customer Service and Support: With a commitment to customer satisfaction, New York Life offers dedicated customer service and support to policyholders and clients. This includes assistance with policy inquiries, claims processing, and general inquiries related to insurance and financial products.
Keywords
Keywords
Classified
Private