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New Deal


Announced

PIB Group completed the acquisition of Inside 2.0.

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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Acquisition

Italy

insurance packages

Insurance Brokers

Cross Border

Majority

Completed

Friendly

Private

Single Bidder

Synopsis

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PIB Group, a company that specialises in providing specialist insurance solutions in the UK market and abroad, completed the acquisition of Inside 2.0, a company that offers insurance packages to car dealerships which provide coverage for a wide range of incidents from small windshield damages to scratches, vandalism, theft, and fire. Financial terms were not disclosed. “We are very excited to welcome all our new colleagues at Inside 2.0 who bring exceptional skills and expertise to PIB Italy. This investment is one of many opportunities underway to deepen our presence in Southern Europe," Onno Janssen, PIB Group European CEO.

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