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On the Record · Horace Mann Educators

Horace Mann Educators acquisitions, on the record

The businesses Horace Mann Educators bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
NTA Life Enterprises, LLC (NTA)
Word for word“In 2019, the Company increased its market share when it acquired all of the equity interests in NTA Life Enterprises, LLC (NTA).” 10-K for 2023
acquisitionIn 2019—
Benefit Consultants Group, Inc. (BCG)
Word for word“In 2019, we acquired a recordkeeping administrator, Benefit Consultants Group, Inc. (BCG) and we migrated the administration of our Horace Mann Retirement Advantage ® platform from a third-party vendor to the BCG platform.” 10-K for 2023
acquisitionIn 2019—
Madison National Life Insurance Company, Inc. (Madison National)
Word for word“Effective January 1, 2022, we acquired all the equity interests in Madison National Life Insurance Company, Inc., an insurance company organized under the laws of the State of Wisconsin (Madison National), for $172.3 million which added employer-sponsored products.” 10-K for 2023
acquisitionEffective January 1, 2022$172.3 million
Madison National Life Insurance Company, Inc.
Word for word“(7) Whole Life, Term Life, and Supplemental Health beginning balance at January 1, 2022 includes reserves acquired from Madison National Life Insurance Company, Inc. on January 1, 2022.” 10-K for 2024
acquisitionJanuary 1, 2022—
NTA Life Enterprises, LLC
Word for word“In 2019, the Company increased its market share when it acquired all of the equity interests in NTA Life Enterprises, LLC (NTA).” 10-K for 2025
acquisitionIn 2019—
HME Holdings, Inc. acquisition of the Company from CIGNA Corporation
Word for word“Goodwill When the Company was acquired from CIGNA Corporation by HME Holdings, Inc. in 1989, goodwill was recognized in the application of purchase accounting.” 10-K for 2025
acquisition1989—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2017-12-31$0—
2018-12-31$0—
2019-12-31$421.5 million$29.7 million
2020-12-31$0$0
2021-12-31$0$0
2022-12-31$164.4 million$12.8 million
2023-12-31$0$0
2024-12-31$0$0
2025-12-31—$0

Deal filings since 2016

Read from Horace Mann Educators’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.