M&A

Full-service retail insurance broker McGriff has announced that it has acquired Alternative Risk Resources (ARR), as it looks to expand its presence in the captive insurance market.

SoFi Technologies, a "one-stop shop" for digital financial services that helps members borrow, save, spend, invest and protect their money, has acquired Wyndham Capital Mortgage.

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.

Param, positioned as Turkey's top FinTech firm, has successfully acquired Twisto, a forerunner in the Czech Buy Now, Pay Later (BNPL) sector, setting its sights on broadening its European horizon.

Quantexa, a developer of decision intelligence (DI) solutions, has acquired Ireland-based Aylien, which builds NLP and advanced AI tools for data to collect, analyse and understand unstructured data.

Midwest Holding, a technology-driven life and annuity platform, is to be acquired by international investment firm Antarctica Capital in a transaction valued at $100m.

Papara, the leading Turkish neobank, has announced its acquisition of Rebellion, a popular Spanish challenger bank. This major acquisition, the first of its kind for Papara, propels the company's valuation to over $1bn, elevating it into the coveted ranks of FinTech unicorns in Europe.

Deutsche Börse Group AG has revealed that it has received final regulatory approval for its public takeover of the Danish SimCorp A/S.

Lexasure Financial Group, provider of reinsurance and digital insurance solutions in Southeast and South Asia, has signed an agreement to go public via special merger acquisition company (SPAC) Capitalworks Emerging Markets Acquisition (CEMAC).

Accenture has declared its intent to acquire Brazil-based sustainability consultancy, Green Domus Desenvolvimento Sustentável LTDA.