M&A Deal Summary

J.C. Flowers & Co. Acquires Caleas

On July 31, 2025, private equity firm J.C. Flowers & Co. acquired insurance company Caleas

Acquisition Highlights
  • This is J.C. Flowers & Co.’s 15th transaction in the Insurance sector.
  • This is J.C. Flowers & Co.’s 3rd transaction in Italy.

M&A Deal Summary

Date 2025-07-31
Target Caleas
Sector Insurance
Buyer(s) J.C. Flowers & Co.
Deal Type Buyout (LBO, MBO, MBI)

Target

Caleas

Milan, Italy
Caleas is a corporate and SME focused insurance brokerage franchise offering a broad range of solutions for complex risks. The company also provides home and life coverage as part of its bespoke offering for private clients. Caleas was formed in 1979 and is based in Milan.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

J.C. Flowers & Co.

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 4.0B USD
Size Large
Type Sector Focused
DESCRIPTION

JC Flowers is a specialist private equity firm that targets investments in the financial services sector. JC Flowers looks for distressed opportunities in North America, Western Europe, and Asia. JC Flowers was formed in 1998 and is based in New York City with an additional office in London.


DEAL STATS #
Overall 37 of 37
Sector: Insurance M&A 15 of 15
Type: Buyout (LBO, MBO, MBI) M&A Deals 9 of 9
Country: Italy M&A 3 of 3
Year: 2025 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-16 wefox

Roggwil, Switzerland

wefox is an insurance platform that enables customers, insurance brokers, and insurance providers to transact and manage insurance products digitally. wefox was established in 2014 and is headquartered in Roggwil, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-18 Inigo

London, United Kingdom

Inigo is an insurer operating in the Lloyd’s of London market via its managed Syndicate 1301. It is led by senior industry professionals with significant experience working in the sector. Inigo was founded in 2020 and is based in London, England.

Sell $1.7B