Insurance
2024
Advisor to
on their investment in
In June 2024, Perwyn agreed to acquire Atec Group, the specialist insurance platform, in a bilateral transaction.
Atec is a data-driven digital manufacturer and distributor of specialist insurance products. The business designs, underwrites and distributes policies in the specialist home and leisure markets on behalf of over 340,000 policyholders, including through its proprietary ‘insuremy’ and ‘compare’ portals.
The business is now a multi-distribution channel MGA that is ideally situated to achieve significant growth in its core and new markets.
Perwyn will partner with the incumbent management team to harness Atec’s strong momentum and further strengthen its position as a leading technology and data-led specialist insurance platform, both organically and through M&A.
Continuum Advisory Partners acted as sole and exclusive financial adviser to Perwyn in connection with the transaction. The transaction highlights Continuum’s sector expertise in advising on specialist personal lines insurance intermediaries.
Link to press release: Perwyn Acquires Atec Group in Bilateral Transaction
To stay informed, please visit our contact page to subscribe to Continuum deal updates and news.
Continuum Advisory Partners Limited ("Continuum") is incorporated and registered in England and Wales with registered no. 14189636. Continuum is an appointed representative (Firm Reference Number 979923) of Kroll Securities Ltd., which is authorised and regulated by the Financial Conduct Authority.