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  5. Arachas Corporate Brokers Acquires Murray & Spelman

M&A Deal Summary

Arachas Corporate Brokers Acquires Murray & Spelman

On July 15, 2019, Arachas Corporate Brokers acquired insurance company Murray & Spelman

Acquisition Highlights
  • This is Arachas Corporate Brokers’ 3rd transaction in the Insurance sector.
  • This is Arachas Corporate Brokers’ 3rd transaction in Ireland.

M&A Deal Summary
Date 2019-07-15
Target Murray & Spelman
Sector Insurance
Buyer(s) Arachas Corporate Brokers
Deal Type Add-on Acquisition

Target

Murray & Spelman

Galway, Ireland
Murray & Spelman is a long-established broker of high-quality commercial and personal insurance. Murray & Spelman offer Irish businesses a comprehensive suite of products and services for every type of sector. These companies include new start-ups, keen to secure the most cost-effective solutions, through to large corporate firms with complex insurance portfolios requiring specialist risk management expertise.

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Buyer(S) 1

Buyer

Arachas Corporate Brokers

Dublin, Ireland
Category Company
Founded 2004
Sector Insurance
DESCRIPTION

Arachas Corporate Brokers is a specialist corporate, SME & affinity scheme brokerage delivering exclusive insurance facilities and financial planning services to the Irish business community.

DEAL STATS #
Overall 3 of 3
Sector: Insurance M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Ireland M&A 3 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-25 Covercentre

Dublin, Ireland

Covercentre is a wholesale insurance broker that offers specialist property and commercial vehicle insurance to c.300 sub-brokers. Covercentre was founded in 2012 and is based in Dublin, Ireland.

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