Sidley is representing Sentry Insurance in its acquisition of non-standard auto insurer The General® from American Family Insurance for approximately US$1.1 billion in cash consideration. Including the value of assumed liabilities and required capital, the total transaction value will be US$1.7 billion.
Sentry Insurance is part of a financially secure mutual insurance group in the United States. American Family Insurance is the nation’s 12th-largest property/casualty insurance group.
The Sidley team is led by Sean Carney and Paige Levitt (Financial Institutions – Insurance), and includes Riley Arnold, Owen Skelding (Financial Institutions – Insurance), John Schaff, Tyler Replogle (Tax), Lauren Gallagher, Greg Matisoff, Ryan McLeod (Employee Benefits and Executive Compensation), Anna Remis, Paul Kariyawasam, Natalie Crawford (Technology Transactions), Natalie Chan, Sara Salmonson (Labor and Employment), Edward Sharon, Jamie Sadler (Antitrust and Competition), Ash Nagdev, Ben Cross (Privacy and Cybersecurity), and Ian Ross (Commercial Litigation and Disputes).
