Advisor to Perwyn on their investment in Atec Group

Insurance
2024

Advisor to

Perwyn_Atec

on their investment in

Logo

Completion subject to customary conditions (including regulatory approvals)

Sector

Insurance

Deal type

M&A Buyside

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. 

Completion of the transaction remains subject to FCA regulatory approval.


Link to press release: Perwyn Acquires Atec Group in Bilateral Transaction

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