M&A Deal Summary

Kentro Capital Acquires Howden Broking Group - Trade Credit Business

On March 9, 2020, Kentro Capital acquired insurance company Howden Broking Group - Trade Credit Business from Howden Broking Group

Acquisition Highlights
  • This is Kentro Capital’s 6th transaction in the Insurance sector.
  • This is Kentro Capital’s 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2020-03-09
Target Howden Broking Group - Trade Credit Business
Sector Insurance
Buyer(s) Kentro Capital
Sellers(s) Howden Broking Group
Deal Type Divestiture

Target

Howden Broking Group - Trade Credit Business

Birmingham, United Kingdom
Howden Broking Group Ltd. - Trade Credit Business is a specialist trade credit broking business based in Birmingham, Glasgow, Manchester, and Cardiff.

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Buyer(S) 1

Buyer

Kentro Capital

London, United Kingdom

Category Company
Founded 2008
Sector Insurance
DESCRIPTION

Kentro Capital is an independent specialty managing general agency that provides underwriting portfolio management services and reinsurance programs. Kentro Capital was founded in 2008 and is based in London, United Kingdom.


DEAL STATS #
Overall 6 of 6
Sector: Insurance M&A 6 of 6
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 4 of 4
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Plus Risk

London, United Kingdom

Plus Risk Ltd. is a provider of Management Liability and niche Professional Indemnity Insurance services. Plus Risk Ltd. was founded in 2017 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Howden Broking Group

London, United Kingdom

Category Company
Founded 1994
Sector Insurance
DESCRIPTION

Howden Broking Group Limited operates as an insurance broker in the United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-23 A-Plan

Witney, United Kingdom

A-Plan Ltd. is a UK specialist multichannel insurance broking group with a focus on personal lines and a growing presence in specialized products such as SME policies. The group’s core proposition is a branch-led, service-driven offering, valued by its large base of loyal customers that today make up over 1.5 million policies nationally. A-Plan was formed in 1963 and is based in Witney, United Kingdom.

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