
Adelis backs insurance broker Säkra
Adelis Equity Partners has acquired a majority stake in Swedish insurance broker Säkra, while the company's management team retained the remaining minority holding.
With the GP's support, Säkra plans to further strengthen its market position, expand its product offering and customer base, and drive market consolidation.
Following the deal, Eva Pantzar Waage, previously COO and head of life and pensions at Max Matthiessen, will be appointed as CEO of Säkra.
Unquote understands that the GP invested via Adelis Equity Partners II, which held a final close on €600m in June 2017 after just three months on the road. The fund targets small and medium-sized Nordic companies with enterprise values in the €20-200m range.
Company
Founded in 1985 and headquartered in Stockholm, Säkra offers insurance brokerage and financial advisory to private individuals, businesses and the public sector. The company specialises in property and casualty insurance, life insurance, pension products and savings. It generated revenues of around €30m in 2018, Unquote understands.
People
Adelis Equity Partners – Erik Hallert (partner).
Säkra – Eva Pantzar Waage (CEO).
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