MarshBerry Advises ActiveQuote on its Sale to Howden
London, England – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to have advised Help Me Compare Group Limited (ActiveQuote) on its sale to Howden Group Holdings Limited (Howden). The transaction was completed on 12 August 2024.
MarshBerry International acted as the exclusive financial advisor to ActiveQuote. This acquisition marks a significant milestone in the UK health insurance market, promising enhanced services and solutions for clients under Howden’s leadership.
Founded in 2009 by Richard Theodossiades, ActiveQuote employs 132 people in Cardiff Bay and manages £60 million in premium. The acquisition enhances Howden’s presence in the consumer insurance sector, supports their position in the UK health insurance market, and reflects their broader strategy to expand its employee benefits’ capability to meet growing client demand.
“We were delighted to represent ActiveQuote on their sale to Howden. Our team was committed to understanding their unique business needs and goals, and we are proud to have facilitated a transaction that aligns with their long-term vision,” said Olly Laughton-Scott, MarshBerry Managing Director. “By leveraging our industry expertise and strategic insights, we were able to navigate the complexities of the deal and secure a partnership that positions ActiveQuote for continued success. This successful outcome is a testament to the collaborative efforts of all involved.”
Terms of the transaction were not disclosed.
MarshBerry – Helping Clients Learn, Improve & Realize Value
MarshBerry is a global leader in Merger & Acquisition (M&A) advisory services, corporate finance solutions, and strategic consulting for insurance brokerages and firms in the wealth management industry. Our mission is to help firms in insurance distribution amplify value and chart strategic courses towards a future rife with opportunities. With a legacy spanning over 40 years, MarshBerry expanded its footprint to Europe in 2019 and now boasts four locations specializing in Corporate Finance Advisory (M&A Advisory; Capital Raising), and Business Planning (Strategic Planning; Business Valuations; Perpetuation Planning). MarshBerry’s deep industry expertise, innovative solutions, and client-first philosophy support European financial service providers in optimizing their business strategies and achieving long-term success. For more information, visit www.MarshBerry.com/EU.
Help Me Compare Group Limited (ActiveQuote)
Help Me Compare Group Limited is a leading UK-based company specializing in providing consumers with comprehensive comparison services across a range of sectors. Our platform empowers users to make informed decisions by offering transparent, side-by-side comparisons of products and services, including insurance, financial products, utilities, and more. Committed to innovation and customer-centricity, we leverage advanced technology and data-driven insights to ensure our users receive the best options tailored to their individual needs. With a strong focus on integrity and excellence, Help Me Compare Group Limited is dedicated to simplifying the decision-making process and helping consumers find the right solutions at the best value.