The latest deals news from AnaCap;
AnaCap Financial Partners (“AnaCap”) announces that its portfolio company MRH Trowe (“MRHT” or “the Group”), a market-leading, owner managed commercial lines insurance broker in Germany, has announced that it has signed an agreement for the acquisition of Lurse AG (“Lurse”) one of the leading DACH pension and consulting specialists, subject to regulatory approval.
Lurse is one of the largest, active companies in the benefits and human resources (“HR”) sector in Germany, offering a wide range of brokerage and consulting services, with a particular focus on the design and administration of occupational pension solutions across the country and wider DACH region. It currently serves more than 500 clients across many sectors including several large DAX listed companies and employs 200 FTEs from 7 offices in Germany and Switzerland.
This acquisition follows the natural and logical development of a close business relationship between MRHT and Lurse that started in 2017 with the creation of a joint venture focused on the implementation of complex projects in the area of B&P and risk management. This latest addition
will significantly strengthen MRHT’s capabilities within the B&P space and is expected to be mutually beneficial for both companies. Moving forward, both MRHT and Lurse will align commercially to better serve the combined client base across multiple product lines. This will be
facilitated by the Lurse Founding Partners remaining with the company post-transaction and taking on increased responsibilities within the Group.
This deal will be the 21st since AnaCap entered the share capital of MRHT. The final months of 2022, in particular, were busy on the M&A front with the signing of two further bolt-ons that saw SHT Group and Zwicknagl & Partner becoming part of the MRHT Group. These acquisitions are expected to complement existing product propositions, client coverage and geographical footprint.
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