Australis Partners Acquires Mexican Insurance Brokerage Sekura
Australis Partners Acquires Mexican Insurance Brokerage Sekura Australis Partners, a New York private equity firm focused on investments in Latin America, has agreed to buy Sekura Controladora, an insurance, surety and affinity brokerage that serves more than 550 corporate clients throughout Mexico, for undisclosed terms. As part of the transaction, Arpa Capital and non-executive shareholders exited from the ownership of Sekura. “Insurance continues to be underpenetrated in Mexico with attractive growth potential given changing demographics and a growing middle class,” says Australis pa...
Source: themiddlemarket.com