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New Deal


Announced

Luko to acquire Unkle.

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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Private

Cross Border

Majority

France

Friendly

Single Bidder

Property and Casualty Insurance

unpaid rent

Pending

Acquisition

Synopsis

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Luko, an European insurtech company, agreed to acquire Unkle, a French specialist of insurance unpaid rent. Financial terms were not disclosed. "Unkle has demonstrated its business model and its ability to succeed in a complex but promising market. Luko will now integrate Unkle into its ecosystem and give it all the keys to accelerate its growth. After the acquisition of our German competitor in January, this new step allows us to continue consolidating the market and strengthen our leadership in Europe," Raphaël Vullierme, Luko CEO and Co-Founder.

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