Announced

TowerBrook to acquire a majority stake in MSA Mizar.

Synopsis

TowerBrook, a modern value investor, agreed to acquire a majority stake in MSA Mizar, the holding company of a European claims management group. Financial terms were not disclosed. “The partnership with TowerBrook allows the Group to build on the development path started with Columna Capital, which has supported MSA Mizar in achieving double digit year-on-year growth and will continue to contribute shaping our future. At the same time, this transaction will give us access to a significant pool of resources and expertise, leveraging the multidisciplinary background of TowerBrook’s investment team. The new shareholding structure reflects the strategic continuity of our industrial project, based on innovation, execution capabilities and international ambition,” Antonio Marchitelli, MSA Mizar CEO.

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