Add-on Acquisition • Insurance

PIB Group Acquires Mike Murphy Insurance

On August 23, 2022, PIB Group acquired insurance company Mike Murphy Insurance

Acquisition Context
  • This is PIB Group’s 38th transaction in the Insurance sector.
  • This is PIB Group’s 5th transaction in Ireland.

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M&A Deal Summary

Date August 23, 2022
Target Mike Murphy Insurance
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target Company

Mike Murphy Insurance

Dublin, Ireland
Mike Murphy Insurance is a general insurance broker with three distinct areas of specialty. Its commercial lines operation focuses primarily on general business insurance across SME businesses, Corporate clients, Tradesmen and Motor Fleet. Their Personal lines are mostly formed of Private Motor, Household and Commercial Motor & Travel. Mike Murphy Insurance is based in Dublin, Ireland.
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Buyer Overview 1

Buyer

PIB Group

London, United Kingdom

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, United Kingdom.


Deal Context for Buyer #
Overall 45 of 50
Sector: Insurance 38 of 43
Type: Add-on Acquisition 43 of 48
Country: Ireland 5 of 7
Year: 2022 9 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-14 Confide

Barcelona, Spain

Confide is a specialized in the provision of insurance to companies. Confide expertise include business insurance, med mal liability civil, D&O insurance, cyber, and others such as those linked to the Employee Benefits and International division. Confide was founded in 1990 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-08 Sheridan-Colohan Insurance Brokers

Wicklow, Ireland

Sheridan-Colohan Insurance Brokers is a general insurance broker that provides insurance and financial planning. Sheridan-Colohan Insurance Brokers was founded in 1981 and is based in Wicklow, Ireland.

Buy -

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