Sentry Elevates Anhalt to Lead Following Acquisition of The General

Deal News | Apr 02, 2025 | EIN

Sentry Elevates Anhalt to Lead Following Acquisition of The General

Sentry Insurance has announced that Pete Anhalt will take the helm of The General following the company's acquisition of the brand from American Family Insurance in September 2024. Anhalt, who is currently the president of Sentry's Dairyland nonstandard auto insurance brand, will lead both Dairyland and The General. The acquisition aims to create one of the largest entities in the nonstandard auto insurance segment by combining Dairyland's national network of independent agents and The General's direct-to-consumer model. Sentry's Chairman and CEO, Pete McPartland, expressed his confidence in Anhalt's leadership, emphasizing his deep understanding of the nonstandard auto market. This strategic move also reflects Sentry's focus on enhancing customer experience and solidifying its market position. Tiku Raval, the former president of The General, has left the company, and the acquisition causes Sentry's workforce to exceed 6,000 employees nationwide. The General's operations will continue with a base in Nashville, while Dairyland will operate from Middleton, Wisconsin.

Sectors

  • Insurance

Geography

  • United States – The companies involved and the operational changes mentioned are primarily based in the United States, with The General's headquarters in Nashville and Dairyland in Middleton, Wisconsin.

Industry

  • Insurance – The article is centered around the nonstandard auto insurance market, discussing the acquisition by Sentry Insurance and its implications for the brands involved.

Financials

    Participants

    NameRoleTypeDescription
    Sentry InsuranceBidding CompanyCompanySentry Insurance is the acquiring company, which is expanding its leadership and market position in the nonstandard auto insurance segment.
    The GeneralTarget CompanyCompanyThe General is the acquired brand, formerly belonging to American Family Insurance, that provides nonstandard auto insurance through a direct-to-consumer model.
    American Family InsuranceSelling CompanyCompanyThe previous owner of The General, selling the brand to Sentry Insurance as part of the acquisition.
    DairylandOther CompanyCompanyA brand under Sentry Insurance focusing on the nonstandard auto insurance market through independent agents.
    Pete AnhaltPersonPersonRecently appointed to lead The General, bringing years of experience in the nonstandard auto insurance market.
    Pete McPartlandPersonPersonChairman and CEO of Sentry Insurance, who endorses Pete Anhalt's leadership.
    Tiku RavalPersonPersonFormer president of The General, who has departed following the acquisition.