IFC invests in Mexican insurance broker

IFC invests in Mexican insurance broker

M&A Equity World Bank Mexico United States

The International Finance Corporation (IFC) said Tuesday that it had acquired a minority stake in Mexican insurance broker Sekura from private equity firm Australis Partners for an undisclosed amount. "The co-investment represents IFC's first investment in the insurance brokerage sector and reflects IFC's interest in increasing insurance penetration for Mexican companies," the World Bank's private sector division said in a press release. Australis bought control of Sekura in 2020. Founded in 195

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial