Announced
Financials
Tags
Friendly
technology solutions
Majority
Acquisition
Pending
Private Equity
Cross Border
fintech industry
FinTech
United Kingdom
Private
Single Bidder
Synopsis
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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