M&A Deal Summary

IK Partners Acquires You Sure

On October 8, 2020, private equity firm IK Partners acquired insurance company You Sure from Synergia Capital Partners

Acquisition Highlights
  • This is IK Partners’ 1st transaction in the Insurance sector.
  • This is IK Partners’ 13th transaction in the Netherlands.

M&A Deal Summary

Date 2020-10-08
Target You Sure
Sector Insurance
Buyer(s) IK Partners
Sellers(s) Synergia Capital Partners
Deal Type Secondary Buyout

Target

You Sure

Ridderkerk, Netherlands
You Sure is an insurance distribution platform, providing insurance to small businesses and individuals. Operating mainly in the Property and Casualty (“P&C”) segment, You Sure acts both as an insurance broker and a Managing General Agent (“MGA”), and currently serves over 60,000 customers. You Sure was founded in 2011 and is based in Ridderkerk, Netherlands.

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Buyer(S) 1

Buyer

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

IK Partners is a private equity firm that targets control investments in lower middle-market to large-sized companies throughout Europe. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The Firm looks to commit €10 to €300 million of equity capital per transaction and targets companies with strong cash-flows. IK Investment Partners was formerly known as Industry Kapital. IK Partners was formed in 1989 and is based in London, England.


DEAL STATS #
Overall 139 of 191
Sector: Insurance M&A 1 of 3
Type: Secondary Buyout M&A Deals 48 of 74
Country: Netherlands M&A 13 of 18
Year: 2020 M&A 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-01 Forthglade Foods

Okehampton, United Kingdom

Forthglade Foods is a natural pet food brand, producing premium wet and dry dog food and treats. Forthglade Foods was founded in 1971 and is based in Okehampton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-12 Kersia Group

Dinard, France

Kersia Group engages in biosecurity and food safety with value-added products and solutions to prevent diseases or contamination in both animals and humans at every stage of the food supply chain. Kersia Group was founded in 1985 and is based in Dinard, France.

Buy -

Seller(S) 1

SELLER

Synergia Capital Partners

Veenendaal, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 125M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Synergia Capital Partners is an investment company focused on mid-zed buyout and expansion capital opportunities in the Netherlands. Synergia looks to invest €2.5 to €25 million in businesses valued from €10 to €100 million. Targeted businesses generally possess consistent growth, strong management, and lead their prospective markets. Areas of interest include business services, IT, communications, software, healthcare, agriculture, food, retail, and industrial. Synergia was formed in 1999 and is based in Veenendaal.


DEAL STATS #
Overall 21 of 23
Sector: Insurance M&A 1 of 1
Type: Secondary Buyout M&A Deals 6 of 7
Country: Netherlands M&A 21 of 23
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-06 For Ever

Sint Maarten, Netherlands

For Ever is a producer of gladioli. For Ever's gladiolus varieties are known for their long vase life, reliable flowering, consistent quality, high productivity and spectacular colors. In addition, For Ever supports its partners and customers in tuber cultivation, flower cultivation and trade in gladioli. For Ever is based in Sint Maarten, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 Viscon Group

‘s-Gravendeel, Netherlands

Viscon Group is specialist in automation and mechanization of agriculture, food, poultry, logistics and material handling. Viscon Group was founded in 1927 and is based in ‘s-Gravendeel, Netherlands.

Buy -