Acquiring Company
Roadzen
Acquired Company
Leading European MGA
New YorkSoftwareArtificial IntelligenceAutomotiveInsurtechInsuranceAutomotiveInsuranceDescription
Roadzen Inc. announced a definitive agreement to acquire a leading European managing general agent specializing in short-term car rental insurance. This deal is expected to add approximately $18–20 million in annual revenue and enhance Roadzen's capabilities in the insurance sector. The acquisition supports Roadzen's goal of exceeding a $100 million annualized revenue run rate for fiscal 2027.
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Based on deal dataFrequently asked
Who acquired Leading European MGA?
Leading European MGA was acquired by Roadzen, based in New York. The deal was reported on August 13, 2026. Roadzen (NASDAQ: RDZN) is a leading insurance technology company on a mission to transform global auto insurance powered by AI. Roadzen is publicly traded (RDZN) and operates in Software.
When did Roadzen acquire Leading European MGA?
Roadzen's acquisition of Leading European MGA was reported on August 13, 2026. Roadzen Inc. announced a definitive agreement to acquire a leading European managing general agent specializing in short-term car rental insurance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Leading European MGA do?
The leading European MGA specializes in short-term car rental insurance. It possesses a wealth of proprietary underwriting and claims data accumulated over more than a decade. It is privately held, operating in Automotive.