Morning all, Craig McGlashan here with the Europe Wire from the London newsroom.
We start with a look at the insurance industry, where a lot of private capital is chasing deals, which sources have told us is driving up valuations. The latest deal sees JC Flowers buy a controlling stake in an Italian insurance broker.
Next, Kartesia has signed an agreement to support the management buyout of Goetzpartners.
Wrapping up, we have a deal in women’s health, where Winterberg Advisory portfolio company Healthcare Holding has completed the acquisition of MVB Medizintechnik.
Italian opportunities
JC Flowers has made a play in the Italian insurance sector. It has agreed to buy a controlling stake in Consulbrokers, an insurance broker with headquarters in Milan and a presence in 15 Italian cities.
Read more in the premium version of the Wire.
Expansion play
Kartesia has signed an agreement to support the management buyout of Goetzpartners.
Find out more in the premium version of the Wire.
Tailoring
Women’s health is a sector that has increasingly drawn private equity investment, including General Atlantic’s $200 million-plus investment in app Flo Health – check out our interview with GA principal Jessie Cai on the company’s M&A opportunities. We also rounded up some recent deals related to fertility back in September.
In the latest women’s health deal, Winterberg Advisory portfolio company Healthcare Holding has completed the acquisition of MVB Medizintechnik.
OK that’s it from me today. Obey Martin Manayiti will bring you the US Wire later today and I’ll be back on Europe duty tomorrow morning.
Cheers,
Craig
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