MarshBerry secures majority shareholding deal for Certe Groep

August 22, 2024

MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to announce that IceLake Capital has acquired a majority shareholding in Netherlands-based insurance providers Certe Groep.

MarshBerry International acted as the exclusive financial advisor to Certe Groep and its shareholders. With the support of its new partner IceLake Capital, Certe Groep will be able to accelerate its buy-and-build strategy, invest in the company’s capabilities and strengthen its portfolio.

In recent years, Certe Groep has emerged as a leading player in the north and east of the Netherlands. The group currently boasts 12 insurance intermediaries, an MGA and even its own property & casualty insurer ‘De Burcht.’ This level of integration is also reflected in the group’s unique IT platform. Certe Groep’s full-service concept enables its entities and associated financial advisors to meet any client-specific needs. The fact that the current shareholders remain on board demonstrates their commitment to Certe Groep’s long-term strategy.

IceLake Capital poised to drive strategic growth

A Dutch investment firm focused on exceptional mid-market companies, IceLake Capital is poised to drive Certe Groep’s organic and inorganic growth. “With the backing of IceLake Capital, Certe Groep is ideally positioned for its next phase of growth,” says Michel Schaft, Managing Director, MarshBerry. “MarshBerry is proud to have represented Certe Groep in this transaction. We congratulate Certe Groep, its shareholders and IceLake Capital on their strategic partnership.”

As a global M&A advisory firm, MarshBerry continues to leverage its expertise and collaborative approach to navigate the dynamic landscape of European insurance distribution and wealth management. Schaft says, “This transaction reflects our commitment to fostering growth, innovation and value creation for insurance brokers and investors in the European marketplace.”

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. Terms of the transaction were not disclosed.