Announced
Synopsis
Pollen Street, an independent, alternative investment management company, agreed to acquire Keylane Group, a software company, from Waterland Private Equity, an investment company. Financial terms were not disclosed. “Keylane is the standout Northern European software vendor to insurers. We have followed Keylane closely for a number of years and admired its rapid growth and deployment of its advanced SaaS technology platforms into the European insurance ecosystem. Keylane has led the digital transformation of the P&C and life & pensions insurance sectors across the Benelux, Nordic and DACH regions. We look forward to partnering with the Keylane team to accelerate growth and create a pan-European industry leader,” James Bailey, Pollen Street Investment Director.
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