Amsterdam, Netherlands, March 12, 2024 \u2013 MarshBerry, a global M&A advisory firm, serving the insurance brokerage and wealth management industries, congratulates induver and Clover on their intention to join forces creating a leading corporate insurance broker in Belgium. MarshBerry served as the exclusive financial advisor to induver. Hg Capital, a tech and mid-market oriented private equity firm is joining as a supporting shareholder in the combined business to drive further strategic growth.<\/p>\n\n\n\n
Two well-established Belgian family businesses in insurance brokerage have joined forces to provide a highly complementary offering. induver’s premium positioning and technical capabilities, combined with Clover’s vast experience in insurance specialties, will provide corporate clients with a unique and comprehensive service. The sponsorship of Hg Capital only strengthens the ability to outperform and further innovate. <\/p>\n\n\n\n
\u201cThis partnership undoubtedly reflects a commitment to excellence, innovation, and delivering enhanced value to clients in the insurance industry,\u201d said Michel Schaft, MarshBerry Europe Managing Director. We were proud to be selected to represent induver based on our unique understanding of the transformation of the European broker market. We wish induver, Clover and Hg success in all their future endeavors.\u201d<\/p>\n\n\n\n
Since 2019, MarshBerry offers leading data and perspectives on insurance distribution on the European continent. With offices in The Netherlands, UK, France and Germany, MarshBerry\u2019s experienced multilingual team, as well as its rich history in investment banking and corporate finance advisory, helps firms in insurance distribution amplify value and chart a strategic course forward.<\/p>\n\n\n\n
\u201cMarshBerry is proud to have represented induver in this transaction. It not only reflects our commitment to fostering growth, innovation, and value creation for insurance brokers in the European marketplace, but it also strengthens our position as a global industry leader, offering unparalleled solutions and driving positive transformation,\u201d said John Wepler, MarshBerry Chairman & CEO. \u201cWe look forward to leveraging our expertise and collaborative approach to navigating the dynamic landscape of European insurance, creating lasting partnerships and delivering exceptional value to our clients and stakeholders.”<\/p>\n\n\n\n