Headquarter: Germany

Net Revenue: > €260m

Investment Date: January 2023

Business overview

Global Gruppe is a leading B2B insurance broker providing superior risk solutions and expert counsel to mid-market companies across the DACH+ region.

Global Gruppe was founded in Cologne, Germany, in 1999 as a reliable, broker-led, B2B insurance broker. The firm combines the stability of being a top 3 DACH mid-market broker with the innovative drive of a market challenger. Its rapid growth has been the direct result of its client-focused approach, providing businesses and entrepreneurs across the DACH+ region with specialist led, superior risk solutions and expert counsel as well as being an acquirer of choice for founder-owned brokers looking for succession.

As the fastest growing DACH+ insurance broker, there is a clear path to Global Gruppe becoming the largest insurance broker in the region.

Leading scaled mid-market broker in the most attractive geographies in Europe

Operational excellence leading to best-in-class margins

Exceptional and consistent growth driven by client centric culture

Deal description

Following a bilateral process with direct access, Castik invested in conjunction with our LP co-investors for a majority position in 2023, with Global Gruppe’s co-founders significantly re-investing alongside the previous private equity investors.

Castik partnered with management to support the next stage of Global Gruppe’s growth into adjacent markets and geographies, and to create a vertically integrated buy-and-build platform of scale.

Investment highlights
  • Top 3 independent mid-market broker in DACH+ and acquirer of choice
  • High customer satisfaction with industry-leading retention rates
  • Unmatched speciality lines and Managing General Agent (MGA) offerings
  • Clear go-to-market focus dedicated to the SME and mid-market client segments
  • Unique entrepreneurial and success-focused culture
  • Longstanding and trusted relationships including unique preferred partner programme
  • Integrated platform to achieve the highest level of efficiency and quality, with a programmatic approach to integrating acquisitions