Hildene Capital Management to Acquire SILAC for $550m

Hildene Capital Management to acquire SILAC for $550m

Hildene Capital Management, LLC, a credit-focused alternative asset manager, has signed a definitive agreement to acquire SILAC, Inc., the parent company of SILAC Insurance Company. Founded in 1935, SILAC provides fixed and fixed indexed annuity products in the U.S. Headquartered in Carmel, Indiana, the company operates across 48 states and the District of Columbia. Under the agreement, Hildene will acquire all outstanding common equity of SILAC…

Hildene Capital Management Announces Purchase Agreement to Acquire Annuity Provider SILAC

STAMFORD, Conn. & CARMEL, Ind.--(BUSINESS WIRE)--Dec 8, 2025-