Protective Life Corporation Acquires Portfolio Holding, Inc.

Protective Life Acquires AUL Corp.

March 21, 2022

Insurance

Protective Life Insurance Company, a principal subsidiary of Protective Life Corporation (itself a wholly owned U.S. subsidiary of Dai-ichi Life Holdings), has acquired AUL Corp., a provider of automotive finance and insurance products and vehicle service contracts. The deal expands Protective's Asset Protection Division product portfolio and distribution reach across agents, dealers, higher-mileage vehicles and financial-institution channels.

Protective Acquires ShelterPoint Group, Inc.

April 9, 2024

Insurance

Protective Life Insurance Company, a U.S. subsidiary of Dai-ichi Life Holdings, completed the acquisition of ShelterPoint Group, Inc., a provider of statutory disability, paid family and medical leave, and medical gap insurance products. The deal, in which ShelterPoint was owned by Eos Partners, adds a new employee benefits business line to Protective and expands its product offering and customer base across state-mandated leave markets.

Advisor Group Acquires American Portfolios Financial Services, Inc.

June 22, 2022

Financial Services

Advisor Group announced a definitive agreement to acquire American Portfolios Financial Services, Inc., a full-service independent broker-dealer headquartered in Holbrook, New York. The firm — which supports more than 850 financial professionals across nearly 400 branches and manages about $40 billion in client assets — will remain branded and operationally independent; Lon T. Dolber will join Advisor Group as Vice Chairman. The deal, backed by Reverence Capital Partners, is subject to FINRA and other regulatory approvals and expands Advisor Group's network and capabilities for its financial professionals.

Protective Industrial Products Acquires Honeywell's Personal Protective Equipment Business

May 22, 2025

Manufacturing

Protective Industrial Products, a portfolio company of Odyssey Investment Partners, has completed the acquisition of Honeywell's Personal Protective Equipment (PPE) business in an all-cash transaction valued at $1.325 billion. The deal adds well-known brands (including Howard Leight, North, Miller, Salisbury and others), expands PIP's product offering and global footprint, and represents a divestiture by Honeywell to simplify its portfolio.

CI Financial Acquires Portola Partners

September 14, 2021

Wealth Management

CI Financial Corp. has acquired Portola Partners Group LLC, a Menlo Park-based wealth management firm managing US$5.2 billion focused on ultra-high-net-worth families, founders and executives. The deal expands CI's presence in the San Francisco Bay Area and strengthens its ultra-high-net-worth capabilities within CI Private Wealth; financial terms were not disclosed.

LPL Financial Acquires Minority Stake in Private Advisor Group

November 20, 2025

Wealth Management

LPL Financial Holdings Inc. has acquired a minority ownership stake in Private Advisor Group, the Morristown, New Jersey–based RIA with $41.3 billion in AUM. Republic Capital Group served as the investment banking advisor to Private Advisor Group. The investment joins LPL with existing minority owner Merchant Investment Management and six legacy shareholders to deepen strategic ties and expand programs, technology, and operational support for advisors.