Wide Group Acquires A.I.C. Broker S.r.l.
July 31, 2024
Wide Group, the Pollen Street-backed Italian commercial broking consolidator, has acquired A.I.C. Broker S.r.l (AIC), a commercial lines insurance broker based in the Abruzzo region of Italy. AIC—specializing in construction and engineering insurance and with intermediated premiums growing from €8m in 2019 to an expected ~€40m in 2024—will join Wide Group with senior AIC leadership joining as partners while founder Alessandro D'Ilario remains involved.
- Buyers
- Wide Group, Pollen Street Capital
- Targets
- A.I.C. Broker S.r.l
- Platforms
- Wide Group
- Industry
- Insurance
- Location
- Abruzzo, Italy
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Wide Group Acquires Anglo Lombarda Insurance Brokers Srl
July 29, 2024
Financial Services
Wide Group, a Pollen Street‑backed Italian insurance broking consolidator, has acquired Anglo Lombarda Insurance Brokers Srl, a Naples- and Treviso-based commercial insurance broker. The deal expands Wide Group’s regional footprint and capabilities—particularly in financial lines and aquaculture—continuing its M&A consolidation strategy under Pollen Street ownership.
-
Pollen Street Invests in Wide Group S.P.A
May 16, 2023
Insurance
Pollen Street has agreed a strategic growth investment in Wide Group S.P.A, a technology-led insurance broker operating nationally in Italy. The capital will be used to accelerate Wide Group's organic growth, expand its services offering and further develop its proprietary BrokerTech platform, while the founders will continue to lead the business.
-
Wide Group Acquires Assco Broker Srl
July 30, 2024
Insurance
Wide Group has acquired Assco Broker Srl, a Pordenone-based commercial insurance broker with an agency subsidiary and over €35m in intermediated premiums. The deal expands Wide Group's presence in north-eastern Italy (new operational HQ in Udine) and is the latest add-on in its roll-up strategy following Pollen Street's 2023 investment.
-
Wide Group Acquires Milan-based Assileo Broker
March 27, 2024
Insurance
Wide Group, a Pollen Street-backed insurance broking consolidator, has acquired Assileo Broker Srl, a Milan-based commercial insurance broker with capabilities across transportation, construction, energy and corporate insurance and a presence in Milan and Genoa. The deal expands Wide Group's scale and specialist capability in the Milan market and adds geographic reach into Genoa as part of its ongoing consolidation strategy in Italy.
-
Wide Group (Pollen Street-backed) Acquires Milan-based Broker Mida Srl
November 8, 2023
Insurance
Wide Group, a Pollen Street-backed Italian insurance broking consolidator, has completed its first bolt-on acquisition since Pollen Street's investment by acquiring Milan-based commercial broker Mida Srl. The acquisition expands Wide Group’s scale and capabilities in the Milan/Lombardy market while Mida’s founders/management remain with the business post-close.
-
NFP Acquires Advanced Insurance Consultants Limited
December 15, 2023
Insurance
NFP has acquired Hemel Hempstead-based Advanced Insurance Consultants Limited (AIC), with the entire AIC team joining NFP following the deal, which closed on December 15. The acquisition strengthens NFP's commercial insurance capabilities and expands its client base in London and the wider South East of England.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.