JC Flowers completed the acquisition of a majority stake in Heymondo.

JC Flowers, an investment fund, completed the acquisition of a majority stake in Heymondo, a travel insurance company. Financial terms were not disclosed. “The backing of JC Flowers & Co is a major boost for our company. We share the vision of offering innovative solutions in the insurance sector, and this agreement will allow us to accelerate our international expansion and further enhance our value proposition and traveler experience," Ricard Domenech and David Pérez, Heymondo Co-founders.