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Completed
Synopsis
Cinven, an international private equity firm, completed the acquisition of Säkra, an insurance broker headquartered in Stockholm, from Adelis Equity Partners, a growth partner for well-positioned, Nordic companies. Financial terms were not disclosed. "Cinven is very pleased to be making this investment in Säkra. It is a highly attractive, resilient specialist insurance intermediary business with strong long-term growth opportunities across all of its segments and a history of consistent growth through various economic cycles. The investment is supported by a resilient underlying market in Sweden and is well-positioned to grow organically, with further upside through its demonstrated M&A trajectory. Säkra offers a high-quality scalable platform, with associated benefits for clients as the business develops and expands over the long-term. We look forward to working with Säkra’s CEO and her colleagues in further developing and growing the business," Luigi Sbrozzi, Cinven Partner.
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