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  5. Wide Group Acquires AIC Broker

M&A Deal Summary

Wide Group Acquires AIC Broker

On July 31, 2024, Wide Group acquired insurance company AIC Broker

Acquisition Highlights
  • This is Wide Group’s 4th transaction in the Insurance sector.
  • This is Wide Group’s 4th transaction in Italy.

M&A Deal Summary
Date 2024-07-31
Target AIC Broker
Sector Insurance
Buyer(s) Wide Group
Deal Type Add-on Acquisition

Target

AIC Broker

Roseto degli Abruzzi , Italy
AIC Broker is an insurance brokerage company specialize in risk management and insurance brokerage services for a wide range of clients, including large companies, small and medium-sized enterprises (SMEs), public entities, professionals, and private individuals. AIC Broker was founded in 2009 and is based in Roseto degli Abruzzi, Italy.

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Buyer(S) 1

Buyer

Wide Group

Bolzano, Italy
Category Company
Founded 2016
Sector Insurance
DESCRIPTION

Wide Group is one of the most innovative businesses insurance broking. Its differentiated proposition is built around a proprietary technology platform for insurance placement and management, supporting and automating interactions between brokers, clients and insurance companies. Wide Group was founded in 2016 and is based in Bolzano, Italy.

DEAL STATS #
Overall 4 of 5
Sector: Insurance M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Italy M&A 4 of 4
Year: 2024 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-30 Assco Broker

Pordenone, Italy

Assco Broker is a commercial insurance brokerage specialize in providing risk management and insurance brokerage services for businesses of all sizes. Assco Broker was founded in 1979 and is based in Pordenone, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-15 Anthea

Beachwood, Ohio, United States

Anthea Spa specializes in beauty and wellness treatments designed to enhance relaxation and well-being. Anthea Spa is based in Beachwood, Ohio.

Buy -
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