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New Deal


Announced

Completed

Apax-backed GamaLife completed the acquisition of GNB – Companhia de Seguros de Vida.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

insurance brokerage

Private

Majority

Investment Banking

Disposal

Portugal

Cross Border

Single Bidder

Insurance Brokers

Private Equity

Completed

Synopsis

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Apax-backed GamaLife, a life and wealth consolidation platform, completed the acquisition of GNB – Companhia de Seguros de Vida, an insurance brokerage firm. Financial terms were not disclosed. “We have been proactively targeting the life insurance and wealth management markets for a number of years. We are excited to back Matteo and his team to grow the GamaLife platform, both organically and through further consolidation of the European market. In doing so, we are pleased to have the opportunity to help cement GNB Vida’s position as a market-leading life insurance partner for Novo Banco," Frank Ehmer, Apax Partner.

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