M&A Deal Summary

PIB Group Acquires WDB S.A.

On November 23, 2020, PIB Group acquired insurance company WDB S.A.

Acquisition Highlights
  • This is PIB Group’s 22nd transaction in the Insurance sector.
  • This is PIB Group’s 1st transaction in Poland.

M&A Deal Summary

Date 2020-11-23
Target WDB S.A.
Sector Insurance
Buyer(s) PIB Group
Deal Type Add-on Acquisition

Target

WDB S.A.

Wysoka, Poland
WDB is an independent insurance broker with experienced rapid growth during its 13-year history driven by both organic development and acquisition. Their diversified business mix is based on strong expertise in a number of sub-segments of life and non-life insurance, with a focus mainly on clients in the real estate, and transportation sector as well as life and health programs in the public and private sectors. WDB was founded in 2007 and is based in Wysoka, 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 27 of 50
Sector: Insurance M&A 22 of 43
Type: Add-on Acquisition M&A Deals 25 of 48
Country: Poland M&A 1 of 4
Year: 2020 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-30 Erskine Murray Insurance Brokers

Leicester, United Kingdom

Erskine Murray Insurance Brokers is an independent commercial lines broker. Erskine Murray Insurance Brokers was founded in 2012 and is based in Leicester, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 Barbon Insurance Group

Croydon, United Kingdom

Barbon Insurance Group provides property insurance products and services to landlords, developers, tenants, letting agents, and brokers in the United Kingdom and internationally. Barbon Insurance Group was founded in 1995 and is base din Croydon, United Kingdom.

Buy -