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New Deal


Announced

Allianz X to acquire Innovation Group.

Financials

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

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Friendly

technology solutions

Majority

Acquisition

Pending

Private Equity

Cross Border

fintech industry

FinTech

United Kingdom

Private

Single Bidder

Synopsis

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Allianz X, a venture capital firm, agreed to acquire Innovation Group, a provider of claims and technology solutions. Financial terms were not disclosed. “Allianz X’s support will accelerate the roll-out of our industry-leading platform, Gateway, open up new opportunities for growth and enable us to deliver market-leading services for our clients. We are delighted to have the backing of Allianz X as we enter the next phase of our development," Tim Griffiths, Innovation Group CEO.

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