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Announced

Completed

Miura Partners-backed Brokers & Partners completed the acquisition of Sabseg Seguros.

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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Portugal

insurance broker

Insurance Brokers

Private Equity

Friendly

Acquisition

Private

Cross Border

Majority

Single Bidder

Completed

Synopsis

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Miura Partners-backed Brokers & Partners, a consolidation project group in the insurance brokerage space, completed the acquisition of Sabseg Seguros, an insurance broker in Portugal. Financial terms were not disclosed. "With this alliance, Sabseg is much stronger, and at the same time, we start a new chapter in our success story. In addition, we are perfectly aligned with our new partners. Their vision and ambition for growth are in line with our founding values," Miguel Machado, Sabseg Seguros Chairman of the Board of Directors.

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