M&A Deal Summary

PIB Group Acquires Exito

On February 25, 2022, PIB Group acquired insurance company Exito

Acquisition Highlights
  • This is PIB Group’s 33rd transaction in the Insurance sector.
  • This is PIB Group’s 3rd transaction in Poland.

M&A Deal Summary

Date 2022-02-25
Target Exito
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target

Exito

Warsaw, Poland
Exito is a risk management advisory firm, that offers advisory and brokerage services for both life and non-life insurance for clients across the construction, marine, railway, transportation, and environmental sectors. Exito was founded in 2006 and is based in Warsaw, Poland.

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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 39 of 50
Sector: Insurance M&A 33 of 43
Type: Add-on Acquisition M&A Deals 37 of 48
Country: Poland M&A 3 of 4
Year: 2022 M&A 3 of 13
PREVIOUS 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 Baily Garner

London, United Kingdom

Baily Garner is a specialist independent health and safety consultancy provide a comprehensive range of solutions to a broad range of industries and blue-chip organizations. Baily Garner is based in London, United Kingdom.

Buy -