PT. Asuransi Bina Dana Arta Tbk.
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PT. Asuransi Bina Dana Arta Tbk. - overview
Established
1982
Location
Jakarta, -, Indonesia
Primary Industry
Insurance
About
Based in Jakarta, Indonesia, and founded in 1982, PT. Asuransi Bina Dana Arta Tbk. , operates as a general insurance provider that offers various health and auto insurance services. In March 2022, Singapore-based Aseana Insurance Pte.
Ltd, a portfolio company of Warburg Pincus LLC. , signed an agreement to buy a 62. 33% stake in publicly listed PT Asuransi Bina Dana Arta (ABDA) and a 51% stake in MAPFRE ABDA Assistance for USD 62. 9 million.
As of 2022, the company is listed on the Indonesia Stock Exchange under the ticker symbol IDX: ABDA. The company offers general insurance products such as motor vehicle insurance, home insurance, property insurance, freight insurance, travel insurance, and personal accident and health insurance to protect against the risk of loss. The company, through its web platform, also provides insurance-related services like checking the policy status, policy renewal, reporting a claim, checking claim status, and finding a partner hospital. For quarter 4 of 2021, the company generated revenue and net profit of IDR 158.
736 million and IDR 41. 299 million, respectively, compared to revenue and net profit of IDR 204. 658 million and 42. 31 million, respectively, for the quarter 3 of 2021.
Current Investors
Aseana Insurance Pte. Ltd.
Primary Industry
Insurance
Sub Industries
Claims Administration & Processing, Commercial Insurance, Personal Insurance, Health Insurance
Website
www.abdainsurance.co.id
Verticals
InsureTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
PT. Asuransi Bina Dana Arta Tbk. - 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, Trade Sale | Completed | PT. Asuransi Bina Dana Arta Tbk. | - | ||||||||
| Buyout | Completed | PT. Asuransi Bina Dana Arta Tbk. | - |
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