Deal Type: M&A
Closing Date: 2021
+Simple has acquired the entire share capital of Solutions 4 You S.r.l..
+Simple is an insurtech startup specializing in insurance solutions to cover very small businesses, professionals and the self-employed.
Solutions 4 You is an insurance broker based in Rome.
Role of Lyra:
Lyra Partners acted as financial advisor to +Simple
Tasks of Lyra included:
- Assistance in the valuation of the target company
- Assistance in defining the structure and the terms of transaction
- Assistance in the negotiation and execution of the transaction up to the closing
- Coordination of due diligence activities