Liberty International Holdings has acquired Penta Security
Liberty International Holdings Inc., a member of Liberty Mutual Insurance Group, has acquired Compañia de Seguros Generales Penta Security S.A. (Penta Security) for US$150 million.
Liberty International provides personal and commercial insurance services. Its products include casualty, specialty casualty, marine, energy, engineering, and reinsurance. The company sells its products through broker networks. Liberty International was founded in 1994 and is based in Boston, Massachusetts, with additional offices in Asia, Australia, Europe, and North America. Penta Securiy offers a solid opportunity for Liberty International to continue its expansion and growth in Chile’s US$3 billion non-life insurance market.
Penta Security, the fourth largest non-life insurance company in Chile, offers a diversified portfolio, including personal and commercial insurance.
Oaklins' team in Chile advised the buyer in this transaction and structured a Public Tender Offer.
Talk to the deal team
Related deals
Smart Capital has finalized a rights issue
Smart Capital S.p.A. has finalized a rights issue to continue executing its growth plan and increase its investment capacity. The fundraising supports the expansion of its investment portfolio and the strengthening of its positions in higher-quality investee companies with stronger growth prospects.
Learn moreBanca Transilvania has completed an Additional Tier 1 bond issuance
Banca Transilvania has completed its inaugural US$595 million Additional Tier 1 (AT1) bond issuance on 27 November 2025. The perpetual NC5.5 bonds were listed on Euronext Dublin, carried a 7.125% coupon and were oversubscribed more than five times. The proceeds will be used to strengthen the bank’s capital base and optimize its capital structure.
Learn moreStonewood Group has sold NLP Financial Management to Saltus
NLP Financial Management, a well-established UK financial planning firm, has been sold to Saltus Group, the wealth management and financial planning business backed by Preservation Capital Partners, by Stonewood Group. The acquisition represents a strong strategic fit for Saltus, adding further depth to its financial planning capability and broadening service coverage across key client segments.
Learn more