Home > M&A deals 2021 > Independent Life Insurance Co. acquires Sterling National Life Insurance Co.
Divestiture · Insurance · January 2021

Independent Life Insurance Co. acquires Sterling National Life Insurance Co.

On January 25, 2021, Independent Life Insurance Co. acquired Sterling National Life Insurance Co., an insurance company in United States, from SILAC Insurance Co.

Deal at a glance

AnnouncedJanuary 25, 2021 TypeDivestiture TargetSterling National Life Insurance Co. Buyer Independent Life Insurance Co. Seller SILAC Insurance Co. SectorInsurance LocationUnited States ValueNot disclosed

Target company

Sterling National Life Insurance Co.
United States
Insurancesector
2017founded
Activestatus
View the company profile →

Buyer

Independent Life Insurance Co.
Company · 1 deal on record
  • 1st transaction in insurance
  • 1st transaction in United States
1deals, all time
1in this sector
2021latest

Seller

SILAC Insurance Co.
Company · 1 deal on record
1investments
1in this sector
1exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Related deals

The Mund Group Ltd.Same sector and country · Oct 2026
Independence Insurance AgencySame sector and country · Sep 2026
McMillan Insurance & Bonding, Inc.Same sector and country · Sep 2026

Questions about this deal

Who acquired Sterling National Life Insurance Co.?Independent Life Insurance Co. acquired Sterling National Life Insurance Co. on January 25, 2021.

Who sold Sterling National Life Insurance Co.?SILAC Insurance Co. was the seller.

What type of deal was it?It was a divestiture in the insurance sector in 2021.

See the full picture on AcquityDataContacts, full deal histories, co-investors and deal values. Free for a day with your Google account, no card needed.
Try it free
Data updated daily on AcquityData (Acquity Data).