Optio Group, a leading specialty MGA, today announces it has acquired the remaining 75% stake in Italian MGA Heca S.r.l (Heca) for an undisclosed sum. This transaction gives Optio full ownership of Heca, further strengthening its position in the Italian MGA market.
Optio’s initial investment in Heca was announced in October 2024. Today’s announcement marks Optio Group’s fifth investment in the past 12 months, following the successful acquisitions of Netherlands- and Brussels-based MGA Den Hartigh, Luxembourg-based Circles Group, Norwegian specialist MGA S Insurance and UK based Custodian Management LTD. These transactions reflect the group’s continued strategy of expanding globally through carefully selected partners.
Optio’s strategy in Italy is consistent with its ambition to become the most admired independent speciality MGA in the market, through further targeted acquisitions and the hiring of leading underwriters in the region.
Founded in 2010 in Ortona, in the province of Chieti in Abruzzo, Heca has grown rapidly to become one of Italy’s leading MGAs. Its team of approximately 30 employees delivers a multi-product portfolio through a fully digital platform, positioning the business to continue increasing market share and provide innovative solutions to clients across Italy and Europe.
Deepak Soni, CEO of Optio Group said: “Securing full ownership of Heca is a further step forward in our European growth strategy. Our experience working with Heca has consistently demonstrated their innovation, local insight and commitment to clients. That is why we decided to take the next step and acquire full ownership. Heca’s strong market presence and digital-first approach align perfectly with Optio’s vision of delivering specialist solutions through innovation, expertise and a client-focused approach.”
Emmanuele Menicucci, CEO of Heca added: “Joining Optio fully marks the beginning of an exciting new chapter for our business. With Optio’s scale, resources and international reach, we are better positioned than ever to accelerate our growth and continue delivering market-leading digital solutions for brokers and clients across Italy.”