Announced
Completed
Financials
Sources
Tags
tax underwriting
United Kingdom
Diversified Financials
Acquisition
Minority
Private
Cross Border
Completed
Friendly
Single Bidder
Synopsis
Markel, an insurance company, completed the acquisition of a 49% stake in Certa, a tax MGA. Financial terms were not disclosed. "Markel has provided capacity to Certa from day one, and in a short period of time Certa has become a market-leader in its specialist sector. We believe the business has plenty of headroom for growth in the coming years as the tax sector continues to mature," David Sawyer, Markel Divisional Managing Director of Professional and Financial Risk.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.