MarshBerry Advises the CI Group Holdings LTD. on their Acquisition by Brown & Brown
London, England – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to have represented The CI Group Holdings Ltd. (CI Group) on their sale to Brown & Brown Retail Holdco (Europe) Limited (Brown & Brown). The transaction closed on 1 August 2024.
MarshBerry International acted as the exclusive financial advisor to The CI Group Holdings Ltd. Founded in 2000, the firm is a respected trade credit insurance broker with strong, long-standing relationships with commercial customers.
CI Group, based in Manchester, provides credit insurance solutions for banks and other commercial lenders via its in-house developed technology platform, E-Bonded. The business facilitates access to debtor insurance for UK SME businesses. The acquisition brings additional capabilities to Brown & Brown through the E-Bonded platform – providing a connected ecosystem for lenders and SMEs, along with CI Group’s blue-chip lender customer base.
“We are proud to have represented CI Group in their sale to Brown & Brown. Our team worked closely with the CI Group to understand their strategic objectives and ensure a seamless transition to a partner that aligns with their vision for the future,” said John Nisbet, MarshBerry Managing Director. “Through our deep industry expertise and tailored approach, we were able to navigate the complexities of the transaction and deliver a successful outcome. This deal marks a significant milestone for The CI Group, and we are honored to have played a part in securing their continued success under Brown & Brown’s leadership.”
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.
THE CI GROUP LIMITED
The CI Group Limited was formed in 2000 in response to the credit insurance needs of the Factoring and Invoice Discounting (lenders) industry. The CI Group Limited developed a specialist system (the E-Bonded platform) to dramatically improve how credit insurance was used and managed. This led to a quantum leap in the ability to provide a value-added solution for Lender’s clients resulting in a significant take up of the product.
