M&A Deal Summary

Helios Underwriting Acquires Charmac Underwriting

On April 4, 2017, Helios Underwriting acquired insurance company Charmac Underwriting for 2M GBP

Acquisition Highlights
  • This is Helios Underwriting’s 6th transaction in the Insurance sector.
  • This is Helios Underwriting’s 0th largest (disclosed) transaction.
  • This is Helios Underwriting’s 6th transaction in the United Kingdom.

M&A Deal Summary
Date 2017-04-04
Target Charmac Underwriting
Sector Insurance
Buyer(s) Helios Underwriting
Deal Type Add-on Acquisition
Deal Value 2M GBP

Target

Charmac Underwriting

London, United Kingdom
Charmac Underwriting Ltd. is a provider of limited liability direct investment into the Lloyd's insurance.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Helios Underwriting

London, United Kingdom
Category Company
Founded 2006
Sector Insurance
Employees11
Revenue 215M GBP (2023)
DESCRIPTION

Helios Underwriting provides a limited liability direct investment into the Lloyd's insurance market. The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance. Helios Underwriting was founded in 2006 and is based in London, the United Kingdom.

DEAL STATS #
Overall 6 of 9
Sector (Insurance) 6 of 9
Type (Add-on Acquisition) 6 of 9
Country (United Kingdom) 6 of 9
Year (2017) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-22 Pooks

London, United Kingdom

Pooks Ltd. is a limited liability member of Lloyd's ("LLV") provides a good spread of classes of business being concentrated in property insurance and reinsurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-09 Nottus No 51 LTD.

London, United Kingdom

Nottus (No 51) Limited provides underwriting services. The company was incorporated in 1997 and is based in London, United Kingdom.

Buy -
Mergr

Product

Company

Legal