Announced
Financials
Sources
Tags
Managing General Agent
Belgium
Pending
Management Consulting
Private
Acquisition
Single Bidder
Private Equity
Synopsis
Albingia acquired Circles Group, a Luxembourg based niche specialty Managing General Agent (MGA) and BCOH, a Belgium based insurance broker specialised in film and event insurance. Financial terms were not disclosed. Building on excellence and service, while keeping the human being at the centre of its project, the new group will aim to accelerate its international expansion, product innovation and the digital transformation of the industry. “We are very pleased and eager to start this new chapter alongside Albingia. Alantra has proven to be invaluable in the search for the right partner in a vast landscape of strategic and financial players. The dynamic team ran a well-organised sale process and provided hands on advice from start to finish.” founding CEO-shareholder Olivier Héger and managing CEO-shareholder Edouard le Grelle.
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