Windsor Drake Market Intelligence
Transaction · Insurtech · 2020

Bestow / Centurion Life Insurance Company 2020

Bestow acquired Centurion Life Insurance Company on December 1, 2020.

Target
Centurion Life Insurance Company
Acquirer
Bestow
Announced
December 1, 2020
Sub-sector
Insurtech

Transaction overview

  • Bestow announced the acquisition of Centurion Life Insurance Company on December 1, 2020.

Strategic rationale

Acquisition enables Bestow to become a nationally licensed insurance carrier and issue its own policies directly rather than relying on partner insurers.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 1, 2020
Acquirer
Bestow (Strategic)
Sub-sector
Insurtech

Sources

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