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  5. Cornmarket Group Financial Services Acquires Penpro

M&A Deal Summary

Cornmarket Group Financial Services Acquires Penpro

On June 10, 2016, Cornmarket Group Financial Services acquired insurance company Penpro

Acquisition Highlights
  • This is Cornmarket Group Financial Services’ 1st transaction in the Insurance sector.
  • This is Cornmarket Group Financial Services’ 1st transaction in Ireland.

M&A Deal Summary
Date 2016-06-10
Target Penpro
Sector Insurance
Buyer(s) Cornmarket Group Financial Services
Deal Type Add-on Acquisition

Target

Penpro

Dublin, Ireland
Penpro Ltd. is a niche insurance broker. Penpro specialises in the administration of group life, income protection, serious illness and other schemes to members of the Garda Representative Association, army officers and other groups within the public sector.

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Buyer(S) 1

Buyer

Cornmarket Group Financial Services

Dublin, Ireland
Category Company
Founded 1972
Sector Financial Services
Employees340
DESCRIPTION

Cornmarket Group Financial Services Ltd. is a provider of financial services brokerage serving the public sector in Ireland.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2016 M&A 1 of 1
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