PIB Group Acquires Dutch Broker and MGA Thoma Exploitatie

PIB Group Acquires Acquinex

March 22, 2021

Financial Services

PIB Group Ltd has acquired the Acquinex group, a specialist Managing General Agent (MGA) that underwrites Warranty & Indemnity and Tax Liability insurance for small- and mid-market M&A transactions. The deal gives PIB deeper capability in financial-lines insurance, an experienced underwriting team and new European footprints (including Denmark), supporting the Group's internationalisation and product expansion plans.

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 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.

Thoma Bravo Acquires EQS Group AG

November 16, 2023

Cloud & SaaS

Thoma Bravo, via Pineapple German Bidco GmbH, completed a public takeover offer to acquire EQS Group AG for EUR 40.00 per share, valuing the company at approximately EUR 400 million and leading to an expected delisting. The investment will provide EQS with funding for product innovation, capability expansion in compliance/ESG software and capital for potential add-on M&A as Thoma Bravo builds the business as a pan‑European compliance and ESG software platform.

PIB Group Acquires RA Insurance Brokers to Strengthen Motor Trade Proposition

March 9, 2020

Insurance

PIB Group Limited has acquired RA Insurance Brokers, a specialist commercial insurance broker known for its market-leading motor trade scheme with NIG. The acquisition strengthens PIB’s motor trade capability and complements existing group businesses (Cooke & Mason and Cooper Solutions); all RA employees will remain with the business under Shamir Patel and Sunil Patel.

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.