Rivean Capital acquires CED Group from Blackfin to support the further growth of the Dutch insurance technology company. The acquisition will provide CED with financial resources and strategic expertise to expand its business offerings and strengthen its position in the market.
In a recent acquisition, Rivean Capital acquired CED Group from Blackfin, with the aim of supporting further growth of the Dutch insurance technology company. The acquisition is expected to provide CED with the financial resources and strategic expertise necessary to expand its business offerings and strengthen its position in the market.
Founded in 1971, CED Group provides insurance services and technological solutions to companies in the Netherlands, Belgium, and Germany. Its services range from claims management to vehicle expertise and valuation. CED has a strong presence in the market and an extensive network of customers and partners.
The acquisition by Rivean Capital will enable CED to expand its service portfolio and explore new markets. Rivean Capital will support CED in developing new products and services, improving customer service, and enhancing operational efficiency. The management team of CED will continue to operate under the leadership of CEO Francois Goffinet.
Francois expressed his enthusiasm about the acquisition by Rivean Capital, stating: “We are excited to enter the next phase of our growth with the support of Rivean Capital. We look forward to collaborating with their experienced team and are confident that together, we can further expand our business offering and serve our clients even better.”
Rivean Capital is an Amsterdam-based private equity firm focused on investing in medium-sized companies in the Benelux region. The firm has a strong track record in supporting companies to achieve growth and create value for their clients and investors.