Markerstudy Group Acquires BGL Insurance from BGL Group
January 1, 2022
Markerstudy Group has agreed to acquire BGL Insurance (BGLi) from BGL Group, subject to regulatory approval, in a deal announced by investor Pollen Street. The acquisition brings together BGLi's digital insurance distribution and data capabilities with Markerstudy's underwriting capabilities to create a combined business serving close to six million customers and accelerate Markerstudy's digital growth.
- Buyers
- Markerstudy Group
- Targets
- BGL Insurance (BGLi)
- Sellers
- BGL Group
- Platforms
- Markerstudy Group
- Industry
- Insurance
- Location
- Cambridgeshire, United Kingdom
- Transaction Type
- Addon
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