Protective Life To Acquire Leading Automotive Finance & Insurance Provider Aul, Adding Complementary Portfolio To Asset Protection Division
Mar 21, 2022•over 3 years ago
Acquiring Company
Protective
Acquired Company
AUL Corp
Description
Protective Life Corporation, a wholly owned U.S. subsidiary of Dai‐ichi Life Holdings, Inc. (TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company (“Protective Life”), has entered into an agreement to acquire leading automotive finance and insurance provider AUL Corp.
FundzWatch™ Score
77
High M&A Activity
M&A Insights
Based on deal dataIntegration 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