Announced
Financials
Sources
Tags
Private Equity
Cross Border
Majority
Pending
Friendly
Italy
Private
Diversified Financials
Acquisition
brokerage company
Single Bidder
Synopsis
Adelaide-backed Verlingue, a corporate insurance broker that provides services to businesses and their staff members, agreed to acquire a majority stake in INSER, an insurance brokerage company that offers financial planning, property insurance, investment strategies, and consultancy services, from Istituto Atesino di Sviluppo, a holding company. Financial terms were not disclosed. “Verlingue’s European project is exciting and Italy is a strategic country. This partnership will enable us to strengthen our development trajectory, both through organic growth and targeted acquisitions, in order to consolidate our positioning and offer a high-quality service to our customers,” Pierpaolo Ruggeri, Inser Deputy Chairman.
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