On the Record · Sirius International Insurance Group
Sirius International Insurance Group acquisitions, on the record
The businesses Sirius International Insurance Group 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
| Business | Deal | When | Value |
|---|---|---|---|
WRM America Indemnity Company, Inc.Word for word“On August 16, 2018, Sirius Group acquired 100% ownership of WRM America from WRM America Indemnity Holding Company, LLC for $17 million in cash.” 10-K for 2018 | acquisition | August 16, 2018 | $17 million in cash |
Easterly Acquisition Corp.Word for word“On November 5, 2018, the Company completed the transactions contemplated by the definitive Agreement and Plan of Merger ("Merger Agreement").” 10-K for 2018 | merger | On November 5, 2018 | — |
International Medical Group Acquisition, Inc. (IMG)Word for word“In recent years, Sirius Group expanded its accident and health primary business capabilities in the U.S. via the acquisitions of International Medical Group Acquisition, Inc. ("IMG") and ArmadaCorp Capital, LLC ("Armada") in 2017.” 10-K for 2018 | acquisition | 2017 | — |
ArmadaCorp Capital, LLC (Armada)Word for word“In recent years, Sirius Group expanded its accident and health primary business capabilities in the U.S. via the acquisitions of International Medical Group Acquisition, Inc. ("IMG") and ArmadaCorp Capital, LLC ("Armada") in 2017.” 10-K for 2018 | acquisition | 2017 | — |
IMGWord for word“In 2017, the Company expanded its accident and health primary business capabilities in the U.S. via the acquisition of IMG, which offered Sirius Group additional access to health products that are complementary to its global product offerings, as well as growth opportunities in Europe and Asia, and via the acquisition of Armada which offered Sirius Group additional health products that improve the efficiency and effectiveness of how its clients access the healthcare system.” 10-K for 2019 | acquisition | 2017 | — |
ArmadaWord for word“Sirius Group has engaged in acquisitions of businesses in the past, including the acquisitions of Armada and IMG in 2017, and may continue to do so in the future.” 10-K for 2019 | acquisition | 2017 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | −$27.5 million | — |
| 2017-12-31 | $354.5 million | $400.7 million |
| 2018-12-31 | $7.9 million | $0 |
| 2019-12-31 | $0 | $0 |
| 2020-12-31 | $0 | — |
Deal filings since 2016
- 2021-02-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Sirius International Insurance Group’s annual reports (10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2020-03-05. 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.