Primerica, Inc. announced that its anticipated acquisition of senior health insurance distributor e-Telequote is official. Primerica has now acquired 80% of Etelequote Limited’s (collectively, e-TeleQuote) operating subsidiaries.
Primerica, Inc. has acquired e-Telequote, an independent digital insurance marketplace that allows individuals to purchase Medicare-related insurance policies from home, in a definitive agreement that gives Primerica 80% of e-Telequote at an enterprise value of $600 million and a $450 million implied equity value. The agreement states that Primerica will purchase the remaining 20% over […]