PIB Group Acquires Acquinex

Apax Partners Acquires PIB Group from The Carlyle Group

January 25, 2021

Insurance

Funds advised by Apax Partners acquired PIB Group alongside PIB's management team; The Carlyle Group (PIB's existing investor) will re-invest for a minority stake. Financial terms were not disclosed; Apax said the investment will support PIB's continued organic growth and accelerated M&A and international expansion. PIB is a diversified insurance intermediary employing over 2,000 people across the UK, Channel Islands, Ireland, Germany, Poland and India.

PIB Group Acquires Dutch Broker and MGA Thoma Exploitatie

November 29, 2024

Financial Services

PIB Group has acquired Thoma Exploitatie and its subsidiaries in the Netherlands, augmenting PIB's Benelux footprint alongside its existing Dutch businesses Light Insurance and Risqwise. Thoma provides commercial-lines broking, MGA capabilities and pension advisory services; the deal supports PIB's European expansion and access to local underwriting/MGA capabilities in the Benelux region.

PIB Group Acquires BK Insurance Brokers

February 17, 2020

Insurance

PIB Group Limited has acquired BK Insurance Brokers, an independent Croydon-based insurance brokerage established in 1981. The business will join PIB’s Specialty division with all existing staff retained and will be led by Paul Denton as Managing Director, supporting PIB’s continued acquisition-driven growth strategy.

PIB Group Ltd Acquires Simply Insurance Services Ltd

September 2, 2021

Insurance

PIB Group Ltd has acquired Simply Insurance Services Ltd, a Purfleet-based specialist motor insurance broker that arranges motor trade, motorcycle, driving tuition and fleet policies. The 40-strong team and its ~8,000 clients will join PIB to strengthen the group's motor offering and broaden product access for existing customers.

PIB Group Acquires Arlington Insurance Services Ltd

October 28, 2020

Insurance

PIB Group Limited has acquired Arlington Insurance Services Ltd, a London-based specialist real-estate insurance broker founded in 2005. The deal is an add-on to PIB's consolidator strategy and is intended to bolster PIB's property and construction insurance offering by adding Arlington's experienced team and client relationships.

GB Group plc Acquires Acuant from Audax Private Equity

November 18, 2021

Cybersecurity

GB Group plc (GBG) has agreed to acquire Acuant, a leading identity verification and KYC/AML provider, for a cash-free, debt-free enterprise value of $736 million. The acquisition—sold by Audax Private Equity—adds Acuant's ~200+ employees and ~1,000 customers to GBG, accelerating GBG's expansion into the US and strengthening its global identity verification and fraud-prevention product suite.