HW International BV Completes MBO with OBL Investments Backing
Deal News | Apr 07, 2025 | EIN
HW International BV, a Dutch insurance broker, has concluded a management buyout backed by OBL Investments BV. This strategic MBO follows a year-long restructuring process where HWI BV divested its North American, UK, French, and Greek operations. The company aims to revitalize its brand and expand its operations, focusing on mergers and acquisitions across Australia, Germany, Portugal, and Spain. Juan Alberto Garcia, the current Managing Director, assumes the role of global CEO. The initiative is set to strengthen HWI BV's market presence, emphasizing expert advice, global reach, and trusted relationships. Meanwhile, Jewelers Mutual entered the international sphere by acquiring Australia's Q Report, with plans to leverage technology for enhanced customer experiences. Concurrently, Ardonagh Advisory enhanced its SME broking platform with the acquisition of ALP Holdings in Liverpool, maintaining continuity for local clients.
Sectors
- Insurance
- Financial Services
- Mergers and Acquisitions
Geography
- Netherlands – The management buyout of HW International BV, a Dutch insurance broker, is a central focus of the article.
- Australia – The acquisition of Q Report by Jewelers Mutual involves a key company and operations in Australia.
- United Kingdom – Ardonagh Advisory's acquisition of ALP Holdings is located in Liverpool, UK.
Industry
- Insurance – The article involves several companies operating within the insurance sector, including HW International BV, Jewelers Mutual, and ALP Holdings.
- Financial Services – The transactions discussed in the article, particularly the MBO of HW International BV and acquisitions by Jewelers Mutual and Ardonagh Advisory, are situated within the financial services sector.
- Mergers and Acquisitions – The article details multiple acquisitions and a management buyout, fitting it within the M&A industry classification.
Financials
- Not Disclosed – The financial details of the management buyout and acquisitions were not publicly disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HW International BV | Target Company | Company | A Dutch insurance broker undergoing a management buyout, looking to expand and strengthen its market presence. |
| OBL Investments BV | Backing Company for MBO | Company | A privately-held company providing financial backing for the MBO of HW International BV. |
| Jewelers Mutual Group | Bidding Company/Buyer | Company | An insurance and business solutions provider acquiring Australia's Q Report. |
| Jewellers Loop | Selling Company | Company | An Australian agency that founded Q Report, specializing in jewelry insurance. |
| Ardonagh Advisory | Bidding Company/Buyer | Company | Part of The Ardonagh Group, acquiring ALP Holdings as part of its SME broking platform. |
| ALP Holdings | Target Company | Company | A Liverpool-based insurance broker acquired by Ardonagh Advisory. |
| Oppenheimer & Co. Inc. | Financial Advisor | Company | Provided exclusive financial advisory services to Jewelers Mutual in their acquisition. |
| Dentons | Legal Advisor | Company | Provided legal counsel for Jewelers Mutual in their acquisition. |