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Sentry completes acquisition of The General® to expand insurance offerings

Jan 01, 2025•12 months ago

Acquiring Company

Sentry Insurance

Acquired Company

The General

Stevens PointNashvilleEmployee BenefitsFinancial ServicesInsurance

Description

Sentry, a mutual insurance company, has successfully completed the acquisition of The General®. This strategic move aims to expand Sentry's insurance offerings and provide more flexibility and accessibility to customers.

Company Information

Company

Sentry Insurance

Location

Stevens Point, Wisconsin, United States

About

Sentry Insurance is a mutual insurance company specializing in business insurance. With a strong focus on customer service and innovative solutions, Sentry provides a wide range of insurance products and services to businesses nationwide.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed