AcquisitionAug 2, 2026Pending
🇺🇸 United States
BSBowhead Specialty Holdings Inc.AFAmerican Family Mutual Insurance Company, S.I.
Financial Institutions › Insurance
Deal valueUndisclosed
AnnouncedAug 2, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
American Family Mutual Insurance Company, S.I. agreed to acquire the shares of Bowhead Specialty Holdings Inc. it does not already own for $34.00 per share in cash, via merger of a subsidiary into Bowhead. The transaction is a going-private deal.
Deal rationale
Parent seeks to acquire all remaining shares so Bowhead can operate as a privately held wholly owned subsidiary, while the non-recused directors found the 11% premium cash price fair and in stockholders' best interests.
AI-generated from the SEC filingPendingFinancial Institutions › InsuranceUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
SStifel
Sell-side
APArdea Partners
Parties
Target
BSBowhead Specialty Holdings Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
AFAmerican Family Mutual Insurance Company, S.I.
- Headquarters
- United States
- Ticker
- —