The Financial Advisory team of Forvis Mazars in Spain has advised the German group GGW in the acquisition of the Catalan insurance brokerage Costa Serra. Specifically, the firm supported the buyer, operating under the Leading Brokers United brand, in the financial and tax due diligence process.
This transaction is part of GGW’s growth strategy in the Spanish market and represents its second acquisition in the country.
GGW Group is backed by the private equity funds Permira and Hg Capital. Costa Serra serves approximately 15,000 clients, including individuals and SMEs, and manages over 100,000 insurance policies covering life, health, and accident insurance, as well as property, credit, and cybersecurity insurance in the corporate segment.
The Forvis Mazars team involved in the transaction included Alberto Martínez, Partner and Head of Financial Advisory; Ana Belén Palomares, Financial Advisory Director; Antonio Moreno, Tax Partner; and Anna Fernández, Senior Tax Manager.
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