J.C. Flowers & Co. Acquires Insurance Broker Caleas Srl
July 31, 2025
Investment vehicles affiliated with J.C. Flowers & Co. have acquired Milan-based insurance brokerage Caleas Srl. The founders/management will retain a minority stake; the deal is part of J.C. Flowers' roll-up strategy in the Italian insurance market to expand its SME and corporate insurance capabilities.
- Targets
- Caleas Srl
- Sellers
- Founders (Dr. Andrea Cardini and Mr. Carlo Lecchi), Company management / existing shareholders (retaining a minority stake)
- Industry
- Financial Services
- Location
- Lombardy, Italy
- Transaction Type
- Addon
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