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New Deal


Announced

Completed

Firstance completed the acquisition of Gatsby & White.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Full Line Insurance

Private

Completed

Friendly

Domestic

Single Bidder

life insurance

Acquisition

Majority

Luxembourg

Synopsis

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Firstance, an insurance company, completed the acquisition of Gatsby & White, an insurance company. Financial terms were not disclosed. “I am particularly pleased and proud to announce the union of Firstance and Gatsby & White: today the undisputed European leader in the intermediation of private insurance solutions is born .We have known and respected Gatsby & White for years and are excited to join forces to better serve our customers and partners across Europe. This acquisition represents a milestone in our international expansion plan: together with Gatsby & White, we aim to become the reference intermediation platform for our clients and partners, leveraging superior know-how, best practices shared in both entities and on a strong local presence in each of the main European wealth management centers, with the opportunity to bring our technological know-how to Gatsby & White,” Massimiliano Merlo, Firstance Founder and CEO.

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