-The SUCSEZ Group (which is being renamed Heilbron) is a leading tech-enabled insurance distribution platform in the Netherlands, focused specifically on the small/medium sized enterprises and corporates
-The platform was formed when Capital A and the management acquired the company in mid-2016 to pursue an ambitious growth strategy
-The company has grown rapidly and now operates from 12 locations across the Netherlands, with over 500 employees and more than €60 million in revenue
-Five Arrows Principal Investments (FAPI) is the corporate private equity business of Rothschild Merchant Banking
-Based in London, Paris and Luxembourg, FAPI’s investment professionals manage €2.8 billion of capital focused on investing in lower middle-market companies in Western Europe
-Core sectors are healthcare, data and software, and technology-enabled business services with the composite picture being one of companies with recurring, predictable and visible revenues and cash flows
-Latest fund: Five Arrows Principal Investments III (FAPI III), €1.25bn
-With their technology expertise and extensive network throughout Europe, Five Arrows Principal Investments will support SUCSEZ’s growth both organically and through consolidating a highly fragmented market
-FAPI has strong expertise in the InsurTech market, having previously acquired Voogd & Voogd, a Dutch technology-enabled insurance distribution and software platform
-Arma acted as financial advisor to FAPI on its acquisition of SUCSEZ Group
-Arma supported FAPI on preparation of valuation materials and the strategic roadmap to transition the business into a tech-enabled platform
-This transaction highlights Arma Partners’ deep expertise in the InsurTech sector and track record of advising leading private equity buyers