Cinven said the company was an attractive investments given its cash-generative business model and recurring revenue base, strong brand equity and its robust performance during the Covid-19 pandemic and prior economic downturns. Luigi Sbrozzi, partner and co-head of the SFF, said, 'The investment is supported by a resilient underlying market in Sweden and is well-positioned to grow organically, with further upside through its demonstrated M&A trajectory. Previous SFF investments have included specialist insurance and reinsurance broker Miller, life insurance provider International Financial Group and Compre, a specialist global consolidator of closed books of non-life insurance policies. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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