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New Deal


Announced

Octium Group to acquire the PPLI business in Liechtenstein and Ireland of Insurevolution.

Financials

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

Tags

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Acquisition

Private

Majority

insurance provider

Friendly

Full Line Insurance

Ireland

Pending

Single Bidder

Liechtenstein

Cross Border

Synopsis

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Octium Group, a provider of PPLI solutions, agreed to acquire the PPLI business in Liechtenstein and Ireland of Insurevolution, an insurance group. Financial terms were not disclosed. "A clear indication of the Group’s ambition, as it becomes the leading provider of PPLI solutions in Liechtenstein and facilitates the overall intent of developing its footprint beyond the EEA," Dara Hurley, Octium CEO.

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