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New Deal


Announced

Completed

CapitalSG completed the acquisition of a majority stake in LeapFrog Investments-backed BIMA MILVIK.

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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insurtech services

Life Insurance

Sweden

Acquisition

Private

Private Equity

Completed

Majority

Friendly

Domestic

Single Bidder

Australia

Private Equity

Synopsis

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CapitalSG, a Singapore-based investment and advisory firm, completed the acquisition of a majority stake in LeapFrog Investments-backed BIMA MILVIK, a global digital health and insurance company. Financial terms were not disclosed. "BIMA MILVIK has entered a new phase of its life after a previous phase of rapid growth," Gustaf Agartson, BIMA CEO and Co-Founder.

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