Atec Group Limited
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Atec Group Limited - overview
Established
2017
Location
Oxfordshire, -, UK
Primary Industry
Insurance
About
Founded in 2017 and based in Oxfordshire, UK, Atec Group Limited is a provider of insurance solutions through a multi-channel approach, offering solutions to customers, distributors, and insurers. In June 2024, Perwyn agreed to acquire Atec Group Limited from Kester Capital. The company's retail segment includes InsureMy, Compare, and LoveYourHut brands, offering digital quote and buy journeys for leisure, household, and SME insurance products. Atec also provides white-label propositions, enhancing its market reach and customer base.
In the wholesale sector, Ceta Insurance delivers non-standard household insurance through brokers and IFAs via its Infinity platform. Atec Group leverages data-driven technology to streamline operations, improve customer choice, and ensure regulatory compliance. By utilizing a modular approach, the proprietary digital platforms provide end-to-end customer journeys. The June 2024 acquisition will allow Atec Group Limited to enhance its technological capabilities and strengthen its market presence.
Current Investors
Kester Capital
Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Insurance Intermediaries, Health Insurance, Commercial Insurance, Claims Administration & Processing
Website
www.atecgroup.co.uk
Verticals
InsureTech
Total Amount Raised
Subscriber access only
Atec Group Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Moorhouse Group Limited | - | ||||||||
| Secondary Buyout | Completed | Atec Group Limited | - | ||||||||
| Add-on | Completed | CETA Insurance Ltd. | - | ||||||||
| Company Formation | Completed | Atec Group Limited | - | ||||||||
| Add-on | Completed | Arkel Limited | - |
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