M&A Deal Summary

PIB Group Acquires Channel Insurance Brokers

On June 1, 2016, PIB Group acquired insurance company Channel Insurance Brokers

Acquisition Highlights
  • This is PIB Group’s 3rd transaction in the Insurance sector.
  • This is PIB Group’s 1st transaction in Channel Islands.

M&A Deal Summary
Date 2016-06-01
Target Channel Insurance Brokers
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target

Channel Insurance Brokers

Guernsey, Channel Islands
Channel Insurance Brokers Ltd. is a provider of general insurance broking services and providing Insurance solutions and client service by employing outstanding individuals with a wealth of knowledge, qualifications and experience in the market. Channel Insurance Brokers Ltd. was founded in 1980 and is based in Saint Peter Port, Guernsey.

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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 3 of 50
Sector (Insurance) 3 of 43
Type (Add-on Acquisition) 2 of 48
Country (Channel Islands) 1 of 1
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-24 Cooke & Mason

Nottinghamshire, United Kingdom

Cooke & Mason is a chartered insurance broker, offers insurance, claims and risk management services. Cooke & Mason was founded in 1976 and is based in Nottinghamshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Carmichael & Partners

Aberdeen, United Kingdom

Carmichael & Partners Ltd. is a general insurance broker who specialise in the delivery of a bespoke professional service to a wide range of businesses. Carmichael & Partners Ltd. was founded in 1984 and is based in Aberdeen, United Kingdom.

Buy -
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