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M&A Deal Summary

Wide Group Acquires Assileo Broker

On March 27, 2024, Wide Group acquired insurance company Assileo Broker

Acquisition Highlights
  • This is Wide Group’s 1st transaction in the Insurance sector.
  • This is Wide Group’s 1st transaction in Italy.

M&A Deal Summary
Date 2024-03-27
Target Assileo Broker
Sector Insurance
Buyer(s) Wide Group
Deal Type Add-on Acquisition

Target

Assileo Broker

Milan, Italy
Assileo Broker is a commercial broker with capabilities across transportation, construction, energy and corporate insurance, with a presence in Milan and Genoa. Assileo Broker was founded in 2000 and is based in Milan, 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 1 of 5
Sector: Insurance M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Italy M&A 1 of 4
Year: 2024 M&A 1 of 5
FOLLOWING 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.

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