9 September 2019
Gernandt & Danielsson advises Impilo in connection with the investment in Euro Accident
On 30 August 2019, a consortium of investors arranged by Impilo has entered an agreement to acquire the insurance company Euro Accident Livförsäkring AB from National General Holdings Corp.
The acquisition, which is conditional on customary approval of the Swedish Financial Supervisory Authority, is expected to be completed prior to the end of 2019.
Impilo is a Nordic investment company focused on investments in healthcare companies active in pharmaceuticals, medical technology, healthcare services and other health-related areas, typically with a base in the Nordic region. Impilo's perspective is that the portfolio companies must contribute to a positive development in their fields and thus society in order to be successful long term. Impilo manages over SEK 3.5 billion in capital from leading Nordic and international investors. Larger investors include AP3 (The Third Swedish National Pension Fund), TryghedsGruppen and Goldman Sachs Asset Management.
Gernandt & Danielsson advised Impilo with a team consisting of Partners Mikael Borg and Nils Unckel, Counsel Pär Johansson, Senior Associate Mikael Bolling and Associates Christopher Escalante, Rickard Tinglöf, Anna Kullander and Andreas Lexhag.