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New Deal


Announced

Coralisle Group to acquire Massy United.

Financials

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

Sources

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Tags

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Acquisition

Single Bidder

Private

insurance provider

Friendly

Pending

Full Line Insurance

Barbados

Majority

Cross Border

Synopsis

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Coralisle Group, a retail insurance company, agreed to acquire Massy United, an insurance firm. Financial terms were not disclosed. CG Chief Executive Officer Naz Farrow described the acquisition as a “game changer” for CG for its geographical dynamic and new business potential.

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