Avantia Limited has been acquired by an MBO & ECI Partners
The private shareholders of Avantia Limited (Avantia) have sold the company to the management team. The US$95 million MBO was backed by ECI Partners, a private equity group.
Avantia Limited is a leading online residential insurance broker for high risk properties. Avantia has invested heavily in R&D, building up valuable IP and capitalizing on its rich and nuanced domain knowledge. It operates under the online consumer home insurance brand HomeProtect.
Oaklins Cavendish, based in the UK, acted as the exclusive financial advisor to the seller in this transaction.
Talk to the deal team
Lord Leigh of Hurley
Oaklins Cavendish
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBanco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.
Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.
Learn moreChequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector
Chequers Partenaires S.A., acting as the management company of the private equity fund Chequers Capital XVIII SLP, together with management, has completed the acquisition of 100% of the share capital of Gourmet Italian Food S.p.A. (GIF). The company was previously owned by Alcedo SGR S.p.A. through the Alcedo IV Fund, FVS SGR S.p.A. through the Sviluppo PMI Fund, and minority shareholders.
Learn more