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New Deal


Announced

Completed

Stirling Square Capital completed the acquisition of a majority stake in Assistansbolaget.

Financials

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

Tags

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automotive insurance brokerage

insurance brokerage services

auto insurance

Single Bidder

Friendly

Acquisition

Completed

Sweden

Insurance Brokers

Majority

Private

Private Equity

Cross Border

Synopsis

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Private equity firm Stirling Square Capital Partners, completed the acquisition of a majority stake in Assistansbolaget Forsakring Sverige, an automobile insurance brokerage firm. Financial terms were not disclosed. "We have been approached by many different players, but have worked hard to find the right partner to ensure the continued journey of the Assistance Company. We have sought a partner who shares our approach to development and digitalization and who can contribute both competence and capital for the next phase in the company's history. All this we found in Stirling Square," Lukas Fryklund, Assistansbolaget CEO.

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