M&A Deal Summary

Artex Risk Solutions Acquires Hexagon Insurance PCC

On March 29, 2016, Artex Risk Solutions acquired insurance company Hexagon Insurance PCC

Acquisition Highlights
  • This is Artex Risk Solutions’ 2nd transaction in the Insurance sector.
  • This is Artex Risk Solutions’ 2nd transaction in Channel Islands.

M&A Deal Summary

Date 2016-03-29
Target Hexagon Insurance PCC
Sector Insurance
Buyer(s) Artex Risk Solutions
Deal Type Add-on Acquisition

Target

Hexagon Insurance PCC

St Peter Port, Channel Islands
Hexagon Insurance PCC Ltd. is a provider of insurance services and products. Company offers insurance protected cell company (PCC) services.

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Buyer(S) 1

Buyer

Artex Risk Solutions

Itasca, Illinois, United States

Category Company
Founded 2006
Sector Business Services
DESCRIPTION

Artex Risk Solutions, engages in alternative risk management services. The company offers wholesale brokerage and Bermuda market access services, public entity and scholastic products, captive design and management services, group captive programs, and rent-a-captive and guaranteed cost programs.


DEAL STATS #
Overall 3 of 8
Sector (Insurance) 2 of 5
Type (Add-on Acquisition) 3 of 8
Country (Channel Islands) 2 of 2
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-21 Heritage Insurance Management

Guernsey, Channel Islands

Heritage Insurance Management is a captive management company specializing in the formation and management of insurance and alternative risk solutions for their global clients primarily outside North America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-04 Quest Holdings

Spain

Quest Holdings (Gibraltar) Ltd. is the largest insurance manager in Gibraltar. Quest specialises in providing services to insurance companies in Gibraltar thereby establishing a European Union domicile.

Buy -