TowerBrook Acquires Majority Stake in MSA Mizar

TowerBrook has acquired a majority stake in MSA Mizar, a tech-enabled insurance claims management services provider headquartered in Milan, Italy. The transaction, which is subject to customary regulatory approvals, marks a significant milestone for MSA Mizar as it seeks to enhance its technology and operational capabilities across Europe.

Founded in 1979, MSA Mizar specializes in high-frequency motor and property claims, delivering comprehensive services through its proprietary technology platform. The company has experienced rapid growth, managing over 850,000 claims annually and employing approximately 850 people across six European countries.

The acquisition will see TowerBrook join the existing shareholding structure alongside Columna Capital and Giovanni Campus, who will reinvest and retain a significant minority interest. Antonio Marchitelli will continue to lead the management team as Group CEO, ensuring continuity in leadership and operational strategy.

“The partnership with TowerBrook allows the Group to build on the development path started with Columna Capital, which has supported MSA Mizar in achieving double-digit year-on-year growth,” said Marchitelli. “This transaction will give us access to a significant pool of resources and expertise, leveraging the multidisciplinary background of TowerBrook’s investment team.”

TowerBrook’s investment strategy focuses on transforming services businesses, particularly in the insurance and technology-enabled sectors. The firm aims to leverage MSA Mizar’s advanced technology and market presence to drive growth and pursue selective M&A opportunities.

“We are excited to be partnering with the exceptional team led by Giovanni Campus and Antonio Marchitelli to support MSA Mizar on its next stage of growth,” commented Nikolay Skibnevsky of TowerBrook. “MSA Mizar’s client focus, quality of technological assets, and strong organic growth position the Company well to become the insurance claims technology leader in Europe.”

Columna Capital, which has been a long-term partner of MSA Mizar, will continue to support the management team alongside TowerBrook. The firm has played a crucial role in MSA Mizar’s growth, facilitating ten strategic acquisitions since 2022 and expanding its operations into new European markets.

As MSA Mizar prepares for this new phase, the integration of TowerBrook’s resources and expertise is expected to enhance its service offerings and accelerate its growth trajectory. The partnership aims to capitalize on the growing demand for technology-driven solutions in the insurance claims sector, positioning MSA Mizar for continued success in the evolving market landscape.