Five Arrows Principal Investments acquires SUCSEZ Groep
FAPI invests in Netherlands insurance distribution platform
The SUCSEZ Group (which is being renamed Heilbron) is a leading tech-enabled insurance distribution platform in the Netherlands, focused specifically on the small/medium sized enterprises and corporates. The company has grown rapidly and now operates from 12 locations across the Netherlands, with over 500 employees and more than €60 million in revenue.
With their technology expertise and extensive network throughout Europe, Five Arrows Principal Investments ‘FAPI’ will support SUCSEZ’s growth both organically and through consolidating a highly fragmented market.
Richard Hall, CloudOrigin CEO, led the Technology and Operational Due Diligence for FAPI:
“It was a privilege to work on another market leading insurance deal for FAPI in the Netherlands, following on from our advisory work on their Voogd&Voogd deal in 2017. Technology is revolutionizing both ability to reach to the insured for increased premiums and efficiency gains across back office policy and claims processing in the insurance sector globally, with the Netherlands at the heart of this innovation”.