Announced

TechGuard and OneAssist to acquire the Indian business from CPP Group for $21m.

Synopsis

TechGuard, and OneAssist, two InsurTech companies in India, agreed to acquire the Indian business from CPP Group, a UK-based assistance company, for $21m. "The sale of CPP India marks another key milestone in our strategic transformation. Alongside the earlier disposal of CPP Turkey, this deal simplifies the Group and strengthens our ability to accelerate investment in Blink. Under Brian's leadership, Blink is evolving into a best-in-class, global InsurTech platform with the potential to deliver meaningful, long-term value for shareholders," Simon Pyper, CPP Group CEO.

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MergerLinks - TechGuard and OneAssist to acquire the Indian business from CPP Group for $21m.