M&A Deal Summary

PIB Group Acquires Engloba

On October 6, 2022, PIB Group acquired insurance company Engloba

Acquisition Highlights
  • This is PIB Group’s 41st transaction in the Insurance sector.
  • This is PIB Group’s 4th transaction in Spain.

M&A Deal Summary

Date 2022-10-06
Target Engloba
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target

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.

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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 48 of 50
Sector: Insurance M&A 41 of 43
Type: Add-on Acquisition M&A Deals 46 of 48
Country: Spain M&A 4 of 4
Year: 2022 M&A 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-20 Zorab Insurance Services

Hampshire, United Kingdom

Zorab Insurance Services is specializes in super yacht and related marine classes, as well as property and corporate insurance. Zorab Insurance Services is based in Hampshire, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 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.

Buy -