In addition, Emmanuel Clarke the former chief executive at PartnerRe and Frank Koster, former CEO of AXA Belgium Frank Koster will join the Compre board as non-executive directors – with Clarke also assuming the position of chairman of the group.
BCI is one of Canada’s largest institutional investors. Based in Victoria, British Columbia, BCI is a long-term investor that invests across a range of asset classes. Its clients include public sector pension plans, insurance, and special-purpose funds.
Cinven is a leading international private equity firm focused on building world-class global companies. It has offices in London, New York, Frankfurt, Paris, Milan, Madrid, Guernsey and Luxembourg.
Will Bridger, Compre CEO, said: “I am delighted that all regulatory approvals have now been granted, which allows us to press on with new partners Cinven and BCI toward our ambitious growth.
“With Cinven’s and BCI’s support and investment I look forward to bringing the client-centric approach Compre has built its reputation on across all our markets, making Compre the industry’s legacy partner of choice.”