AnaCap Annouces New Round of Insurance Sector Deals

(“AnaCap”), a leading specialist mid-market private equity investor in Financials, Technology and related Business Services, today announces that its portfolio company MRH Trowe (“MRHT” or “the Group”), a leading owner managed commercial lines insurance broker in Germany, has successfully completed three bolt-on acquisitions in quick succession, building upon its strong momentum in building the leading German insurance broking consolidation platform.

The latest acquisitions underpin the strategic roadmap aimed at expanding capabilities in specialist products and strengthening the Group’s competencies in strategically important areas. In line with MRHT’s historical M&A approach, owners of the businesses acquired will remain fully involved and responsible for their operational activities.

WRV GmbH, based in Scheden in lower Saxony, is a specialist insurance broker serving clients in the construction trade sector. Its acquisition will enable the Group to set its footprint in Lower Saxony while complementing its existing speciality capabilities for architects and engineers.

Lech Assekuranz Versicherungsmakler GmbH is a medium-sized insurance broker located in Augsburg, the third largest city of Bavaria. It focuses on the property management and real estate sectors with a wide range of insurance solutions. Its addition will expand MRHT’s presence in Bavaria and strengthen its expertise in holistically serving the real estate industry.

In addition to these two acquisitions, MRHT has also increased its equity stake in H+W Financial Solutions Group GmbH (“H+W”), thereby becoming the majority shareholder in the Company which has been part of the Group since 2012. H+W is based in Kronach in Upper Franconia and offers benefit and pension products to private clients via a network of independent distributors. The deal is expected to unlock further cross-sell opportunities and help MRHT better support affluent clients.

 

About alastair walker 9347 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.