Federal Life Insurance Company Acquires Texas Service Life Insurance Company
June 4, 2025
Federal Life Insurance Company has acquired Texas Service Life Insurance Company, a Texas-based preneed insurance provider, as part of a push to expand preneed offerings nationally. Federal Life — rated A- by AM Best and backed by Bain Capital — named George Wise president of Texas Service Life and signaled plans for expanded product and distribution efforts serving families and funeral-home partners.
- Buyers
- Federal Life Insurance Company, Bain Capital
- Targets
- Texas Service Life Insurance Company
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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