Founded in 2005, Anthea Group is an established commercial lines insurance broker based in Vicenza, with specialist expertise across a wide breadth of commercial insurance products, including professional indemnity, credit, sports, major events, and bespoke insurance programmes for SMEs. The Group has grown, both organically and through M&A activity, to become a leading player in Italian commercial insurance distribution, reaching over €35m in intermediated premiums.

This transaction represents strong continued positive momentum in Wide Group’s M&A strategy, which remains focused on consolidation of brokers throughout Northern and Central Italy, and closely follows the acquisitions of A.I.C. Broker, Anglo Lombarda, Assco, Mida and Assileo Broker. Supported by common strategic goals, the combination with Anthea Group will further strengthen Wide Group’s leading position in the industry, combining Anthea’ specialised product knowledge and deep distribution network with Wide’s advanced technological infrastructure and innovative operating model.

Wide Group is the leading technology-led commercial broking consolidator in Italy and has exhibited a strong growth trajectory since Pollen Street’s investment in 2023. The acquisition of Anthea is the 6th transaction completed since the investment and represents a strong step forward in its inorganic strategy, with continued momentum expected through the near-term pipeline of potential M&A targets.

Gianluca Melani, Co-founder & CEO of Wide Group, commented: “The entry of Anthea Group represents an important piece in our strategy of expansion and consolidation in the reference market. Our goal remains the same: to create synergies between the best brokerage firms in Italy to provide our clients with the best solutions available on the market. Anthea’s solid experience in the sports sector and SMEs, combined with its territorial reach, will be crucial in accelerating our development. We are pleased to welcome new partners who share our values and common goals.”

Flavio Marelli, CEO of Anthea Group: “After a long period of growth and careful observation of the insurance market, we deemed it appropriate to consider the possibility of an aggregation that would allow us to pursue new and more ambitious development goals. Among the potential partners with whom to combine forces and share our vision, we chose to join Wide Group. We firmly believe that this synergy, based on strong technological potential, will bring great value to our reality. The shared vision for the future of the sector and the integration of our skills will enable us to accelerate growth and innovation. Wide Group has proven to be the ideal partner, capable of best supporting our development and ensuring us a solid and successful future.”