Announced
Completed
Synopsis
IK Investment Partners, a Pan-European private equity firm, completed the acquisition of LSA Courtage, an online insurance brokerage platform, from BlackFin, a sector-focused private equity manager, for £80m. "We have been impressed by LSA’s remarkable track record of growth and the quality of the management team. Having carved a profitable segment of non-standard automotive risks, the Company stands to benefit by applying its digital model to other underserved segments of the market. We look forward to working with Bertrand to develop a platform for further growth," Arnaud Bosc, IK Partner.
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