Wide Group Acquires Geas Sanità: A Strategic Expansion in Healthcare Insurance
Deal News | Feb 11, 2025 | Finance Community IT - 1 Corporate M&A
Wide Group, an Italian insurance brokerage firm, has announced the acquisition of Geas Sanità, a company based in Rome and Milan that specializes in healthcare structure protection, healthcare professionals, and religious entities. PwC played a crucial role in assisting Wide Group on financial, tax, and payroll matters with the guidance of partner Luca Faieta and his team. In addition, BonelliErede provided support for corporate and insurance regulatory aspects, as well as labor and due diligence activities. Meanwhile, Gianni & Origoni advised the sellers on corporate and labor profiles.
Sectors
- Insurance
- Healthcare
- Legal and Advisory Services
Geography
- Italy – All entities involved, including Wide Group, Geas Sanità, PwC, BonelliErede, and Gianni & Origoni, operate within Italy.
Industry
- Insurance – Wide Group is an insurance brokerage firm, and the acquisition of Geas Sanità, which operates in healthcare-related insurance services, makes this relevant.
- Healthcare – Geas Sanità specializes in protecting healthcare structures and professionals, indicating involvement in the healthcare sector.
- Legal and Advisory Services – PwC, BonelliErede, and Gianni & Origoni are law and advisory firms that were involved in this transaction, making it relevant to this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wide Group | Bidding Company | Company | Wide Group is the Italian brokerage firm that acquired Geas Sanità. |
| Geas Sanità | Target Company | Company | Geas Sanità is the company being acquired, active in providing healthcare and insurance services in Rome and Milan. |
| PwC | Financial, Tax, and Payroll Advisor | Company | PwC advised Wide Group on financial, tax, and payroll aspects of the acquisition. |
| BonelliErede | Corporate and Regulatory Advisor | Company | BonelliErede assisted Wide Group with corporate, regulatory, labor, and due diligence matters. |
| Gianni & Origoni | Legal Advisor to Seller | Company | Gianni & Origoni advised the sellers on corporate and labor aspects of the deal. |
| Luca Faieta | Partner at PwC | Person | Led the PwC team assisting Wide Group. |