Home > M&A deals 2021 > Pacific Prime Insurance Brokers Ltd. acquires CXA Group Pte Ltd. - Brokerage Arm
Divestiture · Insurance · February 2021

Pacific Prime Insurance Brokers Ltd. acquires CXA Group Pte Ltd. - Brokerage Arm

On February 9, 2021, Pacific Prime Insurance Brokers Ltd. acquired CXA Group Pte Ltd. - Brokerage Arm, an insurance company in China, from CXA Group Pte Ltd.

Deal at a glance

AnnouncedFebruary 9, 2021 TypeDivestiture TargetCXA Group Pte Ltd. - Brokerage Arm Buyer Pacific Prime Insurance Brokers Ltd. Seller CXA Group Pte Ltd. SectorInsurance LocationChina ValueNot disclosed

Target company

CXA Group Pte Ltd. - Brokerage Arm
China
Insurancesector
-founded
Activestatus
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Buyer

Pacific Prime Insurance Brokers Ltd.
Company · 1 deal on record
  • 1st transaction in insurance
  • 1st transaction in China
1deals, all time
1in this sector
2021latest

Seller

CXA Group Pte Ltd.
Company · 1 deal on record
1investments
1in this sector
1exits

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Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Related deals

Shanghai Senhao Insurance Agency Co., Ltd.Same sector and country · Dec 2021

Questions about this deal

Who acquired CXA Group Pte Ltd. - Brokerage Arm?Pacific Prime Insurance Brokers Ltd. acquired CXA Group Pte Ltd. - Brokerage Arm on February 9, 2021.

Who sold CXA Group Pte Ltd. - Brokerage Arm?CXA Group Pte Ltd. was the seller.

What type of deal was it?It was a divestiture in the insurance sector in 2021.

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