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New Deal


Announced

Completed

Rivean Capital completed the acquisition of CED from BlackFin Capital Partners.

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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Netherlands

Full Line Insurance

Private

claims management

Domestic

Friendly

insurance company

Single Bidder

Acquisition

Majority

Private Equity

Completed

Synopsis

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Rivean Capital, a European private equity investor in mid-market transactions, completed the acquisition of CED, a full-service claims management service provider, from BlackFin Capital Partners, a private equity firm. Financial terms were not disclosed. "We are proud of the partnership with BlackFin and the growth we have achieved together and would like to thank the BlackFin team for their support over the past years. We look forward to continuing this growth together with Rivean. The best customer experience and the development of our employees are conditional in this respect," François Goffinet, CED Group CEO.

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