M&A Deal Summary

PIB Group Acquires Alan Tierney

On January 24, 2022, PIB Group acquired insurance company Alan Tierney

Acquisition Highlights
  • This is PIB Group’s 32nd transaction in the Insurance sector.
  • This is PIB Group’s 4th transaction in Ireland.

M&A Deal Summary

Date 2022-01-24
Target Alan Tierney
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target

Alan Tierney

Dublin, Ireland
Alan Tierney is a retail commercial insurance broker and a financial planning firm. The business boasts a specialism in hospitality and leisure industries, in particular the pub sector. Alan Tierney was founded in 1979 and is based in Dublin, Ireland.

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Buyer(S) 1

Buyer

PIB Group

London, United Kingdom

Category Company
Founded 2015
Sector Insurance
DESCRIPTION

PIB Group is an insurance intermediary group aiming to create a leading position in the provision of specialist insurance solutions across the UK market. PIB Group was founded in 2015 and is based in London, United Kingdom.


DEAL STATS #
Overall 37 of 50
Sector: Insurance M&A 32 of 43
Type: Add-on Acquisition M&A Deals 35 of 48
Country: Ireland M&A 4 of 7
Year: 2022 M&A 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Light

Amsterdam, Netherlands

Light is an independent insurance broker servicing the mid to large corporate market in The Netherlands. The business offers a range of specialized products mainly on domestic businesses and the Dutch operations of larger groups. These include property and casualty, income protection, health insurance, and providing pension scheme advice to clients. Light was founded in 1986 and headquartered in Amsterdam, Netherlands.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-28 Brokers Union

Wrocław, Poland

Brokers Union provides advisory and brokerage services. The Company operates a diverse business mix based on several sub segments of life and non-life insurance, with an expertise in public administration as well as sectors including healthcare, property management and transportation. Brokers Union was founded in 2002 and is based in Wrocław, Poland.

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