Optio Group completed the acquisition of Circles Group.

Optio Group, an MGA platform, completed the acquisition of Circles Group, a global MGA for the entertainment, arts, and luxury sectors, including events, films, fine arts, and live entertainment. Financial terms were not disclosed. “Optio and Circles Group share highly complementary cultures, values and skillsets, which combined creates the depth of expertise needed to respond to the increasingly global, complex and highly sophisticated demands of clients. This will also significantly strengthen both companies in achieving their strategic objectives; for Optio, expansion into Europe, and for us, a deeper connection with London, the home of insurance. I want to thank the whole Optio team for this exciting opportunity, which promises to be mutually rewarding for both businesses and importantly our clients,” Olivier Héger, Circles Group CEO.