M&A Deal Summary

PIB Group Acquires BHP Insurance

On December 15, 2022, PIB Group acquired insurance company BHP Insurance from Melior Equity Partners

Acquisition Highlights
  • This is PIB Group’s 42nd transaction in the Insurance sector.
  • This is PIB Group’s 7th transaction in Ireland.

M&A Deal Summary

Date 2022-12-15
Target BHP Insurance
Sector Insurance
Buyer(s) PIB Group
Sellers(s) Melior Equity Partners
Deal Type Add-on Acquisition

Target

BHP Insurance

Dublin, Ireland
BHP Insurance is a brokerage providing insurance solutions exclusively for the not-for-profit sector in Ireland. BHP has partnered with and been the preferred broker for many Umbrella bodies and National Organisations providing Tailored products and unrivaled personal service for the Community, Charity, Sports, and Social Housing Sectors. BHP Insurance was formed in 2018 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 49 of 50
Sector: Insurance M&A 42 of 43
Type: Add-on Acquisition M&A Deals 47 of 48
Country: Ireland M&A 7 of 7
Year: 2022 M&A 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 Engloba

Zaragoza, Spain

Engloba focuses on individual insurance with life, investment, and multi-risk as the main lines of business as well as other branches of insurance. Alongside their main office in Zaragoza, the team also services customers from an additional location in the town of Tarazona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-25 ReSolutions

Piotrkow Tryb, Poland

ReSolutions is a reinsurance broker that offers reinsurance services to the Polish insurance intermediary market. ReSolutions is based in Piotrkow Tryb, Poland.

Buy -

Seller(S) 1

DESCRIPTION

Melior Equity Partners is a private equity firm focused on investments in small to medium-sized businesses in Ireland. The Firm typically commits €5 to €30 million in owner managed companies or corporate carve-outs. Melior invests in a variety of industries including consumer products, food, insurance, manufacturing, and software. Melior Equity Partners was established in 2019 and is based in Dublin, Ireland.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-04 Rose Confectionery

Dublin, Ireland

Rose Confectionery is a manufacturer and distributor of confectionery, freeze pops, mallows and savoury snacks. Rose Confectionery was founded in 1983 and is based in Dublin, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-13 Ohk energy

Monaghan, Ireland

Ohk energy is a renewable energy company providing solar PV, heat pump, EV charging, and retrofit solutions for homes and businesses. Ohk energy is based in Monaghan, Ireland.

Buy -