M&A Deal Summary

The Innovation Group Acquires Nobilas Claims & Fleet Solutions

On December 3, 2007, The Innovation Group acquired insurance company Nobilas Claims & Fleet Solutions

Acquisition Highlights
  • This is The Innovation Group’s 1st transaction in the Insurance sector.
  • This is The Innovation Group’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2007-12-03
Target Nobilas Claims & Fleet Solutions
Sector Insurance
Buyer(s) The Innovation Group
Deal Type Add-on Acquisition

Target

Nobilas Claims & Fleet Solutions

Hoofddorp, Netherlands
Nobilas Claims & Fleet solutions, is a business to business service provider, combining major car repair process management skills with claims management, supply chain management and fleet imaging services. Clients are (car) insurers, car leasing companies, car rental companies and corporate car fleet owners.

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Buyer(S) 1

Buyer

The Innovation Group

Hampshire, United Kingdom
Category Company
Founded 1996
Sector Information Technology
Employees2,800
Revenue 204M USD (2013)
DESCRIPTION

The Innovation Group is a provider of business process outsourcing and technology solutions to the insurance, fleet and automotive industries. The Innovation Group was founded in 1996 and is based in Hampshire, United Kingdom.

DEAL STATS #
Overall 2 of 4
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 2 of 4
Country (Netherlands) 1 of 1
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-24 MTW

United Kingdom

MTW Corporation is an innovative provider of software systems and application architecture and development and services primarily for property & casualty insurance companies and state government agencies.

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-17 LAS Claims Management

Birmingham, United Kingdom

LAS Claims Management Ltd. (formerly Lanes Assistance Services Ltd) is a provider of outsourced claims management service for the insurance industry.

Buy £35M
Mergr

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