Buyout (LBO, MBO, MBI) • Insurance

JZ International Acquires Grupo Galilea

On February 1, 2005, private equity firm JZ International acquired insurance company Grupo Galilea

Acquisition Context
  • This is JZ International’s 1st transaction in the Insurance sector.
  • This is JZ International’s 2nd transaction in Spain.

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M&A Deal Summary

Date February 1, 2005
Target Grupo Galilea
Sector Insurance
Buyer(s) JZ International
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Grupo Galilea

Barcelona, Spain
Grupo Galilea is specializes in the brokerage of commercial insurance to small and medium-sized Spanish corporations. Grupo Galilea was founded in 1942 and is based in Barcelona, Spain.
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Buyer Overview 1

DESCRIPTION

JZ International is a private investment firm specializing in investing in and growing small to medium-sized businesses in various sectors throughout Europe, including the UK, Finland, Sweden, Norway, Denmark, Germany, Holland, Italy, and Spain. JZ International was founded in 1999 and is based in the United Kingdom.


Deal Context for Buyer #
Overall 2 of 15
Sector: Insurance 1 of 2
Type: Buyout (LBO, MBO, MBI) 2 of 4
Country: Spain 2 of 7
Year: 2005 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-01 Collecta

Madrid, Spain

Collecta focuses on collecting very early stage consumer debt. Today the business has expanded into the collection of large debt portfolios on behalf of third parties as well. Collecta was founded in 2002 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-01 Gedesco

Valencia, Spain

Gedesco is a provider of receivables financing to small and mid-sized companies throughout Spain. Gedesco was founded in 2001 and is based in Valencia, Spain.

Buy -