M&A Deal Summary

PT Jardine Lloyd Thompson Acquires PT GESA Assistance and PT Global Asistensi Manajemen Indonesia

On May 14, 2013, PT Jardine Lloyd Thompson acquired insurance company PT GESA Assistance and PT Global Asistensi Manajemen Indonesia

Acquisition Highlights
  • This is PT Jardine Lloyd Thompson’s 1st transaction in the Insurance sector.
  • This is PT Jardine Lloyd Thompson’s 1st transaction in Indonesia.

M&A Deal Summary

Date 2013-05-14
Target PT GESA Assistance and PT Global Asistensi Manajemen Indonesia
Sector Insurance
Buyer(s) PT Jardine Lloyd Thompson
Deal Type Add-on Acquisition

Target

PT GESA Assistance and PT Global Asistensi Manajemen Indonesia

Indonesia
PT GESA Assistance (GESA) and PT Global Asistensi Manajemen Indonesia (GAMI). Both businesses are highly regarded and successful healthcare management and third party administration service providers in Indonesia. Together, GESA and GAMI employ 300 staff and have a network of 1,000 healthcare providers. This development will help JLT assume a leading position in the Indonesian market, with over 750,000 lives administered.

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Buyer(S) 1

Buyer

PT Jardine Lloyd Thompson

Jakarta, Indonesia

Category Company
Founded 1976
Sector Business Services
DESCRIPTION

PT Jardine Lloyd Thompson provides business services,which includes insurance broking, and consultancy,risk management services.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Indonesia M&A 1 of 1
Year: 2013 M&A 1 of 1