M&A Deal Summary

Wide Group Acquires Assco Broker

On July 30, 2024, Wide Group acquired insurance company Assco Broker

Acquisition Highlights
  • This is Wide Group’s 3rd transaction in the Insurance sector.
  • This is Wide Group’s 3rd transaction in Italy.

M&A Deal Summary

Date 2024-07-30
Target Assco Broker
Sector Insurance
Buyer(s) Wide Group
Deal Type Add-on Acquisition

Target

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.

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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 3 of 5
Sector: Insurance M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Italy M&A 3 of 4
Year: 2024 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 Anglo Lombarda

Treviso, Italy

Anglo Lombarda specializes in providing bespoke insurance solutions to professionals and businesses, with a particular focus on the financial lines and aquaculture sectors. Anglo Lombarda was founded in 2005 and is based in Treviso, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-31 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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