M&A Deal Summary

Tinubu Square Acquires Innoveo

On May 7, 2025, Tinubu Square acquired information technology company Innoveo

Acquisition Highlights
  • This is Tinubu Square’s 1st transaction in the Information Technology sector.
  • This is Tinubu Square’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2025-05-07
Target Innoveo
Sector Information Technology
Buyer(s) Tinubu Square
Deal Type Add-on Acquisition
Advisor(s) BDA Partners (Financial)

Target

Innoveo

Zurich, Switzerland
Innoveo Solutions AG is an IT software product company that provides core Insurance solutions, such as an underwriting workbench, raters, policy administration, and claims. Innoveo was founded in 2007 and is based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

Tinubu Square

Issy-les-Moulineaux, France

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Tinubu Square is a SaaS platform vendor, enabling Credit Insurance & Surety digital transformation. It has provided Credit & Surety insurers across the globe with software and services allowing them to offer best customer experience, as well as significantly reduce their exposure to risk and their financial, operational, and technical costs. Tinubu Square was formed in 2000 and is based in Issy-les-Moulineaux, France.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Switzerland M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 SuretyWave

Torrance, California, United States

SuretyWave LLC develops a cloud-based surety bond processing system that significantly reduces the cost of executing and managing surety bonds. The founders helped lead surety industry efforts by being active with ACORD’s standard-setting committee for an electronic interface between carriers and brokers/agents and with the National Association of Surety Bond Producers (NASBP) Surety Automation Committee and Commercial Surety Committee. SuretyWave is based in Torrance, California.

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