Eurazeo, the France based private equity and venture capital firm, is set to invest up to GBP 355m in BMS Group, the UK based high growth independent specialty insurance and reinsurance broker, alongside the acquisition of up to 34% of its share capital, which takes BMSs valuation to GBP 1.75bn. Eurazeo and its affiliates will join BMS alongside its existing shareholders British Columbia Investment Management Corporation (BCI), Preservation Capital Partners (PCP) and BMS’ management and employees. Following the completion of this transaction Eurazeo, together with BCI, become majority shareholders of the company.
Target – Bms Group limited
Buyer – Eurazeo sa
Seller – Shareholders
