M&A Deal Summary |
|
|---|---|
| Date | 2024-06-20 |
| Target | Global Care |
| Sector | Insurance |
| Buyer(s) | Huize Holding |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Insurance |
| Employees | 1,113 |
| Revenue | 1.2B CNY (2023) |
Huize Holding is an entity which offers insurance brokerage services by providing life and health insurance products, such as critical illness, illness and disease, and term life and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products. The company offers its products through the Internet and mobile Internet channels. Huize Holding was founded in 2006 and is based in Shenzhen, China.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Insurance) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 2 |
| Country (Vietnam) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-17 |
Senhao Insurance
Shanghai, China Senhao Insurance is a nationwide professional insurance agency company with business networks in 11 provincial areas in China. The agency holds the license issued by the CBIRC to operate its insurance agency business nationwide, with a business network of 18 regional sales and service centers to engage with insurance clients. Senhao Insurance was formed in 2015 and is based in Shanghai, China. |
Buy | CN¥30M |
