GBsapri Bolsters Position With Ernesto Solari and Seabridge Acquisition

Deal News | Apr 22, 2025 | Finance Community IT - 1 Corporate M&A

GBsapri Bolsters Position With Ernesto Solari and Seabridge Acquisition

GBSAPRI, a leading independent insurance brokerage and risk management firm in Italy, has acquired Ernesto Solari Assicurazioni and Seabridge Insurance Broker SA, as part of their strategic growth plan through external acquisitions. The deal aims to cement GBSAPRI's position as a central hub for insurance brokerage in Italy. Chiomenti acted as the legal advisor, while KPMG provided financial and fiscal consultancy. The sellers were advised by LCA Studio Legale and Paolo Rav from Rav Associati. Key executives from the acquired companies, including Luca Solari, Tito Gherardi, and Matteo Solari, have become shareholders of GBSAPRI's holding company, with Luca Solari appointed to the board of directors.

Sectors

  • Insurance Brokerage
  • Financial Services

Geography

  • Italy – The primary geographical focus of the article is Italy, as the acquiring firm GBSAPRI is based there, and the transaction aims to strengthen its presence within the Italian market.

Industry

  • Insurance Brokerage – The article focuses on an acquisition involving insurance brokerage firms, highlighting industry practices and market consolidation strategies.
  • Financial Services – Both the advisors and the nature of the transaction fall within the broader financial services sector.

Financials

    Participants

    NameRoleTypeDescription
    GBSAPRIAcquiring CompanyCompanyAn independent Italian firm specializing in insurance brokerage and risk management.
    Ernesto Solari AssicurazioniTarget CompanyCompanyA brokerage and insurance consultancy firm acquired by GBSAPRI.
    Seabridge Insurance Broker SATarget CompanyCompanyAnother brokerage firm acquired by GBSAPRI.
    ChiomentiLegal AdvisorCompanyProvider of legal advisory services to GBSAPRI during the acquisition.
    KPMGFinancial and Fiscal AdvisorCompanyProvided financial and fiscal advisory to GBSAPRI, led by Adriano Gaetani.
    LCA Studio LegaleLegal AdvisorCompanyProvided legal advisory to the sellers in the transaction.
    Rav AssociatiFinancial AdvisorCompanyProvided financial and fiscal advisory to the sellers, represented by Paolo Rav.
    Luca SolariCEO and ShareholderPersonCEO of Ernesto Solari Assicurazioni and now a shareholder and board member at GBSAPRI.
    Tito GherardiChief of Travel InsurancePersonFormer chief at Ernesto Solari Assicurazioni, now a shareholder at GBSAPRI.
    Matteo SolariCEO and ShareholderPersonCEO of Seabridge Insurance Broker SA and now a shareholder at GBSAPRI.