M&A Deal Summary

PIB Group Acquires Oliver Murphy Insurance Brokers

On September 13, 2021, PIB Group acquired insurance company Oliver Murphy Insurance Brokers

Acquisition Highlights
  • This is PIB Group’s 28th transaction in the Insurance sector.
  • This is PIB Group’s 2nd transaction in Ireland.

M&A Deal Summary

Date 2021-09-13
Target Oliver Murphy Insurance Brokers
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target

Oliver Murphy Insurance Brokers

Waterford, Ireland
website
Oliver Murphy Insurance Brokers is a personal and commercial lines insurance broker offers customers an extensive range of products and services across commercial and personal lines, and financial planning advice. Oliver Murphy Insurance Brokers is based in Waterford, Ireland.

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Buyer(S) 1

Buyer

PIB Group

London, United Kingdom

website


Category Company
Founded 2015
Sector Insurance
DESCRIPTION

PIB Group is an insurance intermediary group aiming to create a leading position in the provision of specialist insurance solutions across the UK market. PIB Group was founded in 2015 and is based in London, England.


DEAL STATS #
Overall 33 of 50
Sector (Insurance) 28 of 43
Type (Add-on Acquisition) 31 of 48
Country (Ireland) 2 of 7
Year (2021) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 JRT Insurance Brokers

Nottingham, United Kingdom

JRT Insurance Brokers is an independent insurance broker focused on meeting all aspects of insurance needs for private and business clients. The company services clients from local to large nationals, of which many are long-standing commercial clients. Specialisms include the construction, care, hospitality, and leisure industries. JRT Insurance Brokers was formed in 2015 and is based in Nottingham, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 Cicor

Madrid, Spain

Cicor provides comprehensive insurance solutions to small, medium, and large businesses, trade groups, associations and individuals. Niches include gaming, marine and aviation, as well as credit and surety. Cicor was founded in 1998 and is based in Madrid, Spain.

Buy -