Houlihan Lokey Advises GGW Group on Investment From Permira

Houlihan Lokey is pleased to announce that GGW Group (GGW), a portfolio company of Hg, has secured an investment from a company backed by the Permira funds. The transaction closed on April 24, 2024.

GGW is one of the leading European insurance brokerage platforms for small and medium-sized enterprises currently owned by Hg, a leading investor in European and transatlantic software and services businesses.

Founded by CEO Tobias Warweg, the group has driven a best-in-class insurance brokerage platform in Germany over the past three years. Today, more than 50 brokerage and MGA companies are operating under the roof of GGW Group, advising small and medium-sized enterprises in Europe.

Houlihan Lokey served as a financial advisor to GGW. This transaction further strengthens the firm's leadership in the European insurance distribution sector, where the team has recently advised on a number of transactions, including the sale of Klap to The Ardonagh Group, TA Associate’s minority investment into MRH Trowe, and the sale of Sakra to Cinven.