Control of Msa Mizar in TowerBrook The objective is to develop in Northern Europe | EUROtoday

Get real time updates directly on you device, subscribe now.

TowerBrook prepared for the primary operation on an organization based mostly in Italy. The personal fairness firm (over 26 billion {dollars} in Aum) broadcasts right now the acquisition of the vast majority of Msa Mizar, an Italian supplier of end-to-end insurance coverage claims administration companies, based mostly in Milan but additionally working in Spain, France, Belgium and Switzerland.
An operation whose worth is between 350 and 400 million euros and by which the minority buyers – Columna Capital and the present president of the board of administrators, Giovanni Campus – will preserve a minority share, remaining of their place.

The operation – topic to the same old approvals – goals to «carry collectively – defined Paolo De Bona, co-head of shopper merchandise & companies, Europe at TowerBrook – complementary abilities and sources, permitting Msa Mizar to strengthen its technological and AI-enabled capabilities, proceed to increase the providing of companies and pursue progress, by way of workplace openings or chosen M&A, in international markets not but reached, corresponding to within the United Kingdom, Germany. Growth within the central-northern space of ​​the continent.” TowerBrook will provide Msa Mizar not only with the technological know-how, but also with the financial resources to create a pan-European leader in insurance claims management. Columna Capital will remain as a long-term partner.

«Since we entered Msa Mizar, in 2022 – explained Gemma Zaino and Andrea Frecchiami, respectively CEO and partner of Columna Capital – the value of the business has more than quadrupled compared to the initial investment. Msa Mizar has completed transformative platform acquisitions, entered the Swiss and Belgian markets, significantly expanded operations in Spain and France, reflecting the success of our buy-and-build strategy. For us it is the fifth operation in which, as a fund, after having consolidated growth, we are looking for partners for widespread international expansion”

Founded in 1979 by Salvatore Campus, Msa Mizar is a quickly rising platform for insurance coverage claims administration and third-party claims administration, significantly high-frequency car and property claims, providing end-to-end companies by way of its proprietary know-how platform. Since 2022, it’s backed by Columna Capital to speed up progress with an lively buy-and-build technique that has enabled it to finish ten acquisitions, increase its providing into adjoining claims segments, penetrate new European markets and proceed to spend money on know-how and operational capabilities. Today, Msa Mizar is the holding firm of a gaggle that operates in six European nations, with a turnover of 135 million (as of 31 December 2024). In Italy, it’s the solely operator able to managing the outsourcing service throughout your complete claims chain. It handles over 850,000 refund requests a 12 months and employs round 850 individuals.

«The partnership with TowerBrook – mentioned Antonio Marchitelli, CEO of Msa Mizar – permits us, on the event path began with Columna Capital, to develop in double digits 12 months on 12 months with entry to the TowerBrook useful resource pool in continuity with our industrial venture».

https://www.ilsole24ore.com/art/il-controllo-msa-mizar-towerbrook-l-obiettivo-e-crescere-nord-europa-AInEzTx