Fredrikson & Byron Represents Securian Financial Group in $142 Million Canadian Acquisition

November 2, 2016

Fredrikson & Byron acted as legal counsel to Securian Financial Group in its expansion into the Canadian market.  Fredrikson represented the financial services company, which has more than $1.15 trillion of in force insurance and $64 billion in assets under management, in negotiating its pending $142 million acquisition of certain Canadian insurance, insurance distribution and technology businesses from ivari, a Canadian insurance company.  Securian Financial Group and ivari have entered into a definitive acquisition agreement and the acquisition is expected to close in the first quarter of 2017.

Fredrikson’s legal team was led by Ryan Miest, Zach Olson, Andrew Nick, Brett Roberts and Tiffanea Mulder.