15/09/20
Compre, the leading specialist legacy acquirer, today announces it is reviewing options in relation to raising additional growth capital in light of increased legacy activity, further heightened by Covid-19 and the hardening insurance market. Compre’s current shareholders, leading private-equity firm CBPE Capital, remain committed to the business and support Compre’s management team in its expansive outlook.
The existing team, led by CEO Will Bridger, will remain unchanged and is committed to the growth of the business.
Bridger said: “Now is the time to invest in the legacy market and it gives me great pleasure to be taking this step in our company’s history at such a promising time for legacy acquirers. Legacy has matured through the years and has become a vital part of the industry’s infrastructure. The demand for our solutions has surpassed expectations and Compre is committed to providing bespoke structuring to enable clients to reach their business objectives during this challenging period and beyond.”
22/02/21 Compre completes second Lloyd’s RITC with Coverys – AXA LM syndicate
15/02/21 Compre establishes Lloyd’s syndicate and completes Apollo RITC
30/11/20 Compre targets future growth with Cinven and BCI backing
14/10/20 Compre completes first US transaction and senior Bermuda hire
12/10/20 Compre strengthens board for further growth
15/09/20 Compre announces capital raise
02/07/20 Compre signs further legacy transaction with QBE
24/06/20 Compre announces approval of Class 3A reinsurer in Bermuda
07/11/19 Compre acquires further legacy portfolio from AG Insurance
20/12/18 Compre receives regulatory approval for Generali legacy transaction
12/12/17 Compre Completes Eighth Acquisition of 2017 and its Largest to Date
04/12/17 Compre Announces Succession Management Changes
16/11/17 Compre Announces Seventh Acquisition of 2017
04/09/17 Compre Announces Sixth Acquisition of the Year
21/08/17 Compre Completes Fifth Acquisition of the Year
03/07/17 Compre Launches Maltese Insurance Company
12/06/17 Compre Confirms Fourth Acquisition of 2017
23/01/17 Compre Announces Third Acquisition This Year