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New Deal


Announced

AnaCap Financial Partners to acquire Further Underwriting International for $56m.

Financials

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Transaction Value£45m
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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Single Bidder

Pending

Friendly

Private

Majority

Life Insurance

Acquisition

insurance

Spain

Cross Border

Synopsis

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AnaCap Financial Partners, a private equity firm, agreed to acquire Further Underwriting International, an insurance company, for $56m. “We are delighted to secure this operational and financial support and begin an exciting partnership with AnaCap. It was very important for us to partner with a business that has a strong entrepreneurial mindset and an understanding of tech-enabled financial services, particularly in the insurance sector, as well as a shared passion for our mission. We have found in AnaCap an ideal partner to support our continued global growth and together we are taking Further’s success story to the next level,” Frank Ahedo, Further CEO.

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