American Equity Investment Life Holding Company
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American Equity Investment Life Holding Company - overview
Established
1995
Location
West Des Moines, IA, US
Primary Industry
Financial Services
About
American Equity Investment Life Holding Company, based in the US, focuses on providing retirement solutions through innovative annuity products that safeguard clients' financial futures against market fluctuations. American Equity Investment Life Holding Company, headquartered in West Des Moines, US, specializes in annuity products designed for clients in or approaching retirement. The firm was founded in 1995 and has conducted a total of 4 deals, with the most recent deal occurring on December 8, 2022. In this deal, Prosperity Life Insurance Group, LLC acquired the company for USD 3.
9 billion. The company does not have known subsidiaries or a parent company in the available records. American Equity Investment Life Insurance Company specializes in providing annuity products that cater to the financial needs of clients nearing retirement. Their core offerings include Fixed Index Annuities and Immediate Annuities, allowing clients to secure growth potential while minimizing market risk.
By offering customized solutions, the company aims to help clients achieve financial stability during retirement, primarily serving individuals in the US who seek reliable income sources. In 2024, American Equity reported a revenue of USD 9,503. 00 mn and an EBITDA of USD 2,624. 56 mn for the year 2022.
The firm generates revenue through the sale of its annuity products, including Fixed Index Annuities and Immediate Annuities, engaging clients via insurance agents or financial advisors who facilitate the purchase of these products. Following the acquisition by Prosperity Life Insurance Group, LLC, American Equity plans to leverage the recent funding of USD 3. 9 billion to enhance its product offerings and expand into new markets. The focus will be on launching innovative annuity products tailored to the evolving needs of retirees.
Specific geographic regions targeted for expansion will be assessed in conjunction with market research, aiming to enter new states and regions within the next few years.
Current Investors
Brookfield Asset Management
Primary Industry
Financial Services
Sub Industries
Consulting Services, Financial Services, Insurance
Website
www.american-equity.com
Verticals
FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
American Equity Investment Life Holding Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private | Completed | American Equity Investment Life Holding Company | - | ||||||||
| Trade Sale | Lapsed/Withdrawn | American Equity Investment Life Holding Company | - | ||||||||
| PIPE | Completed | American Equity Investment Life Holding Company | - | ||||||||
| PIPE | Completed | American Equity Investment Life Holding Company | - |
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