Sector: Financial Services, Insurance Distribution
Investment date: October 2020
Transaction type: Refinancing & Expansion Capital
Ownership: Qmulus Invest
Heinenoord is a full-service insurance distribution platform, combining an in-house broker, MGA and third-party broker servicing capabilities into one platform serving both B2B and B2C insurance markets in the Netherlands.
FADP III provided a unitranche loan to refinance the business together with additional facilities to support the continuation of its acquisition-led growth strategy.