Asigest Broker Expands Through Acquisition of Care
Deal News | Jun 12, 2025 | Finance Community IT - 1 Corporate M&A
Asigest Broker, an international insurance and reinsurance broker, has acquired Care, an Italian insurance broker known for innovative, digitalized, and personalized business solutions. The acquisition will integrate Care into Asigest's Milan office as a strategic move to grow its insurance portfolio and strengthen its market presence. Under the leadership of Alessandro Griffith Brookles, Asigest aims to expand its consultancy offerings to cater to the evolving market needs, while the acquisition helps the company surpass €8 million in revenues. Financial, legal, and administrative aspects of the acquisition were handled by advisors Alphaomega, Studio Corb, and Studio Girardi e Tua, respectively.
Sectors
- Insurance Brokerage
- Financial Services
Geography
- Italy – Both Asigest and Care are operating in Italy, and the integration will take place in Asigest's Milan office.
- International – Asigest is described as an international broker, indicating its operations extend beyond just Italy.
Industry
- Insurance Brokerage – The article centers around Asigest Broker's acquisition of Care, both of which operate as insurance intermediaries.
- Financial Services – The acquisition involves financial advisory services, indicative of the financial sector's role in facilitating mergers and acquisitions.
Financials
- €8 million – The acquisition will help Asigest Broker to surpass €8 million in annual revenues.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Asigest Broker | Acquiring Company | Company | An international insurance and reinsurance broker. |
| Care | Target Company | Company | An Italian insurance broker focused on innovative and personalized business solutions. |
| Alphaomega | Financial Advisor | Company | Provided financial advisory services to Asigest during the acquisition. |
| Studio Corb | Legal Advisor | Company | Handled the legal aspects of the acquisition for Asigest. |
| Studio Girardi e Tua | Administrative and Fiscal Advisor | Company | Assisted with tax and administrative issues during the acquisition. |
| Alessandro Griffith Brookles | President of Asigest Broker | Person | Leader focused on expanding Asigest's offerings and market presence. |