Acquisition History / Multiples Private Equity Fund III / Acko Technology & Services Private Limited
Multiples Private Equity Fund III Acquires Acko Technology & Services Private Limited
Announced January 2023 — Price not disclosed (CCI combination order)
What happened
Digital general insurance group Acquired through Multiples Private Equity Fund III, a vehicle of Multiples Alternate Asset Management; CPP Investment Board Private Holdings (4) Inc.; Canada Pension Plan Investment Board. Source: https://www.cci.gov.in/images/summaryorders/en/summary1681722751.pdf
- Target
- Acko Technology & Services Private Limited
- Announced
- January 2023
- Price
- Price not disclosed (CCI combination order)
- Industry
- Insurtech
- Buyer type
- Private equity
- Fund vehicle
- Multiples Private Equity Fund III
- Backing investors
- Multiples Alternate Asset Management, CPP Investment Board Private Holdings (4) Inc., Canada Pension Plan Investment Board
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Multiples Private Equity Fund III acquire Acko Technology & Services Private Limited?
Multiples Private Equity Fund III acquired Acko Technology & Services Private Limited on January 2023. This was Multiples Private Equity Fund III's 1st publicly tracked acquisition out of 2 we have on record.
How much did Multiples Private Equity Fund III pay for Acko Technology & Services Private Limited?
Multiples Private Equity Fund III paid Price not disclosed (CCI combination order) for Acko Technology & Services Private Limited.
What does Acko Technology & Services Private Limited do?
Digital general insurance group Acquired through Multiples Private Equity Fund III, a vehicle of Multiples Alternate Asset Management; CPP Investment Board Private Holdings (4) Inc.; Canada Pension Plan Investment Board. Source: https://www.cci.gov.in/images/summaryorders/en/summary1681722751.pdf
What other Insurtech companies has Multiples Private Equity Fund III acquired?
Acko Technology & Services Private Limited is Multiples Private Equity Fund III's only publicly tracked acquisition in Insurtech so far.
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