Announced
Financials
Sources
Tags
Single Bidder
Pending
Friendly
Private
Majority
Life Insurance
Acquisition
insurance
Spain
Cross Border
Synopsis
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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