Announced

Advent to acquire Kereis from Bridgepoint.

Synopsis

Advent, a private equity investor, agreed to acquire Kereis, an insurance services provider, from Bridgepoint, a quoted private asset growth investor. Financial terms were not disclosed. "We congratulate the management team on successfully building Kereis into a highly differentiated platform in the insurance brokerage space. We look forward to supporting the company’s journey to expanding its leadership position in wholesale broking and remaining the partner of choice for banking and insurance partners across an attractive product range," Benjamin Buerstedde, Advent Partner.

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