Specialty MGA Optio Group has completed its strategic investment of Italian MGA, Heca S.r.l. (Heca) after receiving regulatory approval.
First announced in November, the investment signals Optio’s commitment to building a balanced, buy-and-build platform, with European acquisitions central to achieving this, the company said.
Founded in Ortona, province of Chieti in Abbruzzo, in 2010, Heca has rapidly grown as an Italian MGA.
“Providing a multi-product offering and a fully digital experience with a human touch, Heca is in a strong position to further increase its market share in Italy,” Optio said in a statement about the acquisition.
This announcement follows the successful completion of Netherlands-and-Brussels-based MGA Den Hartigh in November and the announcement of the acquisition of Luxembourg-based, film and events specialist MGA the Circles Group, pending regulatory approval.
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