MSA Mizar Finalizes Acquisition of Veta+ from Kartesia
Deal News | Dec 05, 2024 | Iberian Lawyer

The Italian company MSA Mizar, a market leader in outsourced insurance claims management, has successfully acquired Veta+, a prominent Spanish firm specializing in property insurance outsourcing. Veta+, with over three decades of experience, was sold by Kartesia, a private equity firm. Law firms Cases & Lacambra and Gómez-Acebo & Pombo were the legal advisors in this transaction, with the former representing MSA Mizar and the latter advising the sellers, Kartesia and Javier Romero Escudero. Cases & Lacambra’s team was led by corporate/M&A partner Bojan Radovanovic, encompassing corporate, tax, and banking & finance expertise. Meanwhile, Gómez-Acebo & Pombo’s team of corporate specialists facilitated the completion of the deal from the seller’s side. This acquisition underscores the strategic expansion of MSA Mizar into the Spanish market.
Sectors
- Insurance
- Legal Services
Geography
- Spain – Veta+ is located in Spain and is a significant player in the Spanish property insurance outsourcing market.
- Italy – MSA Mizar is an Italian group that has expanded its operations with this acquisition.
Industry
- Insurance – The industry of insurance is in focus due to the involvement of MSA Mizar and Veta+, both prominent players in the insurance outsourcing services.
- Legal Services – Both Cases & Lacambra and Gómez-Acebo & Pombo are legal service providers, instrumental in the facilitation of the acquisition deal.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
MSA Mizar | Bidding Company | Company | An Italian group specializing in outsourced insurance claims management. |
Veta+ | Target company | Company | A Spanish leader in property insurance outsourcing. |
Kartesia | Selling Company | Company | A private equity firm that owned Veta+ prior to its sale. |
Cases & Lacambra | Legal Advisor | Company | Law firm that advised MSA Mizar on the acquisition. |
Gómez-Acebo & Pombo | Legal Advisor | Company | Law firm that advised Kartesia on the sale of Veta+. |
Javier Romero Escudero | Seller | Person | Involved in the sale of Veta+ along with Kartesia. |