Arma Partners advises RGI on its sale to CVC Capital Partners
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to RGI, a portfolio company of Corsair, on its sale to CVC Capital Partners.
Headquartered in Milan, Italy, RGI provides insurers with a comprehensive and modular offering that addresses the entire insurance value chain, covering processes such as policy administration, claims, analytics, market management, reporting and sales, and distribution. RGI provides a wide range of cloud software solutions serving Property & Casualty and Life Insurance clients across Europe, with leadership positions in Italy, France and Germany.
Under Corsair’s ownership, RGI has realized significant organic and inorganic growth – including substantial progress in its shift to a SaaS-based offering as well as the 2019 acquisitions of Novum and Unimatica and the 2021 acquisition of Flexperto – evolving from a strong national player to a pan-European leader.
CVC will support RGI’s management team in its future growth plans, which include further consolidating the fragmented insurance software market and investing in the company’s product offering.
This transaction underscores Arma Partners’ deep sector expertise in InsurTech and our track record of successfully executing landmark transactions on behalf of global Private Equity investors.