Acquisition of Leadenhall by MJM Holdings

Date: October 2024
Country: Poland
Industry: Insurance intermediaries
Target: Leadenhall
Buyer (Client): Corsair & MJM Holdings
Seller: Efinity Insurance Group

VCP’s role: Buy side exclusive M&A advisor

• VCP acted as an exclusive investment banking advisor to Corsair & MJM Holdings, on acquisition of Leadenhall Insurance
• MJM Holdings is a commercial insurance broker company previously acquired and supported by Corsair – New York and London based PE company
• Leadenhall is a leading tech-enabled Managing General Agent in Poland. Since 2010 Leadenhall has grown rapidly through continued growth in the areas of income and personal accident insurance, professional liability, D&O and life insurance
• The goal after the transaction is to develop the MGA business model and build a leading commercial insurance distribution group
• VCP delivered comprehensive investment banking services to the buyer, overseeing and coordinating all advisory work streams, including finance, tax, legal, IT, and commercial due diligence. The services also encompassed valuation support, strategic guidance on deal tactics, and negotiation assistance for transaction documentation, along with handling additional tasks as needed throughout the transaction process
• The deal has been signed and closed on 31 October of 2024. Financial terms are not disclosed