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  5. Pacific Prime Insurance Brokers Acquires MIT

M&A Deal Summary

Pacific Prime Insurance Brokers Acquires MIT

On February 6, 2024, Pacific Prime Insurance Brokers acquired insurance company MIT

Acquisition Highlights
  • This is Pacific Prime Insurance Brokers’ 2nd transaction in the Insurance sector.
  • This is Pacific Prime Insurance Brokers’ 1st transaction in Malaysia.

M&A Deal Summary
Date 2024-02-06
Target MIT
Sector Insurance
Buyer(s) Pacific Prime Insurance Brokers
Deal Type Add-on Acquisition

Target

MIT

Selangor, Malaysia
MIT is an insurance brokerage firm specializing in risk management, insurance, and reinsurance. MIT is based in Selangor, Malaysia.

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Buyer(S) 1

Buyer

Pacific Prime Insurance Brokers

Kwun Tong, China
Category Company
Founded 1999
Sector Insurance
DESCRIPTION

Pacific Prime offers local and international insurance solutions for individuals and companies alike. Pacific Prime was formed in 1999 and is headquartered in Kwun Tong, Hong Kong.

DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Malaysia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-09 CXA Group Pte - Brokerage Arm

China

CXA Group Pte Ltd. - Brokerage Arm provides insurance-related services from Hong Kong and Singapor.

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Mergr

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