Supported by Andera Partners, BEA Group pursues its growth objectives and expands in Italy, through acquisition of Capanna
PARIS, 5 april 2023 – BEA Group, supported by Andera Partners, announces the acquisition of the Capanna Group, a historic player on the Italian insurance market specialised in disaster recovery expertise for Italian and European insurers. During this acquisition, BEA Group will pursue its growth and transformation objectives.
Established in 2009, BEA Group is the leading French broker in civil medical liability for public health institutions. During these last few years, the group achieved very strong growth, and is now recognised as the leading player on its market. In the summer of 2022, the Management team, led by the founder of the group, Marco Favale, joined forces with Andera Acto, the team responsible for the sponsorless mezzanine strategy of Andera Partners, in view of accelerating the development of the group, notably by external growth.
After acquiring an initial shareholding in the start-up Confiancia at the end of 2022, this first acquisition abroad enables the group to increase its international growth and business-line diversification.
Regarding this operation, Marco Favale states : “ The acquisition of Capanna represents a significant investment in the diversification strategy of the group. Through this acquisition, our group is transformed and makes a decisive move in the insurance industry. In addition to acting as brokers and experts, we also provide risk management support”.
Laurent Fichter, Partner at Andera Acto adds : “ Such external growth marks an important phase in the development of the BEA Group, which demonstrates its goal and desire to diversify in different lines of business and regions. We are convinced that the diversification strategy implemented by Management will enable the group to act as an indispensable player in the brokering field and in disaster management for health institutions and public authorities in Europe”.