Investment Summary |
|
|---|---|
| Date | 2019-08-01 |
| Target | Coverforce |
| Sector | Insurance |
| Investor(s) | AUB Group |
| Sellers(s) | Pemba Capital Partners |
| Deal Type | Stake Purchase |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1885 |
| Sector | Distribution |
| Employees | 2,859 |
| Revenue | 1.0B AUD (2025) |
AUB Group is an equity-based insurance distribution, specialist underwriting agency, and risk services group. The AUB distribution network comprises 50 brokerages representing over 320,000 clients with $2 billion of GWP and approximately $1.8 billion in funds under management. AUB Group was founded in 1885 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 17 |
| Sector: Insurance M&A | 15 of 16 |
| Type: Stake Purchase M&A Deals | 5 of 5 |
| Country: Australia M&A | 15 of 15 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-23 |
BrokerWeb Risk Services
Auckland, New Zealand BrokerWeb Risk Services are a nationally strong New Zealand owned insurance broking company with seven offices across the country, the Head Office being in Auckland. We compete regularly with the major internationally owned broking companies operating in New Zealand. We act for some of New Zealand’s largest companies and we are highly regarded by local and international insurance markets for ethics, integrity, and compliance. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-21 |
Altius
Sydney, Australia Altius is a provider of allied health services in Australia. The company provides a range of services including occupational rehabilitation case management and return-to-work support, employee counselling and wellbeing through employee assistance programs, functional capacity assessments and physical therapeutic treatment to disabled individuals under the National Disability Insurance Scheme. Altius has 30 locations across Australia. Altius was founded in 2007 and is based in Sydney, Australia. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Pemba Capital Partners is an independent private equity firm backed by the FirstRand Group focused on public and private company investments in Australia and New Zealand. Pemba looks to invest in profitable companies valued from $30 to $150 million AU. Pemba is a generalist investor, looking for opportunities in a variety of industries positioned for organic growth or growth through acquisitions. Pemba will not invest include early-stage or pure technology, hostile takeovers, property or construction, infrastructure, and agriculture or resources. Pemba Capital Partners was formed in 1998 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 22 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 2 of 2 |
| Country: Australia M&A | 12 of 21 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-30 |
Open Office
Mulgrave, Australia Open Office is a provider of high-function, integrated, statutory, and compliance management systems with over 400 clients across Australia and around the World. Open Office provides cutting edge software solutions for Local, State, and Territory Governments, empowering them with integrated cloud enterprise solutions. Open Office was established in 1990 and is based in Mulgrave, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-30 |
Placard Pty
Melbourne, Australia Placard Pty Ltd. core business is manufacturing, personalisation and fulfilment of plastic card products within its high-security facility located in Bayswater, Victoria which is accredited by Visa, MasterCard, Amex and Diners Club. Placard manufactures card products such as Financial Cards, Driver Licences, Loyalty Cards, Gift Cards, and Photo I.D products for customers in Australia and New Zealand and around the world. |
Sell | - |
