Add-on Acquisition • Insurance

Clements Worldwide Acquires The Financials BV

On September 24, 2019, Clements Worldwide acquired insurance company The Financials BV

Acquisition Context

This is Clements Worldwide’s 1st transaction in the Insurance sector.
This is Clements Worldwide’s 1st transaction in the Netherlands.

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M&A Deal Summary
Date	September 24, 2019
Target	The Financials BV
Sector	Insurance
Buyer(s)	Clements Worldwide
Deal Type	Add-on Acquisition

Target Company

The Financials BV

Amstelveen, Netherlands

The Financials BV advise both business and private clients in the areas of liability insurance, car insurance, and fire insurance, but also on more specialized solutions such as credit insurance. The Financials BV also offer personnel insurances such as absence insurance and the associated occupational health and safety services.

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Buyer Overview 1

Buyer

Clements Worldwide

Washington, District of Columbia, United States

Category	Company
Founded	1947
Sector	Insurance

DESCRIPTION

Clements Worldwide offers expatriate insurance for U.S. State Department employees, providing U.S. Foreign Service officers with insurance coverage while on overseas missions. Today, the firm offers a wide range of insurance products and services for both individuals and organizations who work and travel across borders. Clements operates four offices around the globe: Washington D.C., London, Brussels, Amsterdam, and Dubai.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Netherlands	1 of 1
Year: 2019	1 of 1

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