GERMANY/UK - 3i-backed Hyperion's subsidiary acquires Hendricks

Established in 1994 and headquartered in London, the Hyperion Insurance Group is a an insurance and underwriting company employing over 550 people in 40 offices operating out of 18 countries. Howden, an accredited Lloyd's broker, provides a range of specialist wholesale, retail and reinsurance services through its network of international offices.

Hyperion is backed by 3i, BP Marsh & Partners, and Murofo Investments SL. This is Hyperion's first major acquisition since 3i acquired a 27% stake in the company in April 2008 and is designed to expand the group's international distribution network.

Established in 1993, Hendricks is headquartered in Düsseldorf, with branch offices in Hamburg and Munich. The total headcount is 30, of which 15 are qualified lawyers.

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• Topics
• Expansion
• DACH
• UK / Ireland
• Consumer