Optio Group has acquired the remaining 75% stake in Italian managing general agent Heca S.r.l, bringing the business under full ownership. Financial terms of the transaction were not disclosed.
The deal follows Optio's initial investment in Heca, which was announced in October 2024. The acquisition marks Optio Group's fifth transaction in the past 12 months as it continues to expand its presence across European markets.
Optio's initial investment highlighted Heca's technology-driven approach, including a blockchain-based policy verification service aimed at enhancing transparency in surety transactions.
At the time of the initial investment, CEO Deepak Soni (pictured above) noted that Heca's growth under founder and CEO Emmanuele Menicucci aligned with the entrepreneurial culture Optio aims to support.
Recent acquisitions by Optio include Netherlands- and Brussels-based MGA Den Hartigh, Luxembourg-based Circles Group, Norwegian specialist MGA S Insurance, and UK-based Custodian Management Ltd. The group has stated that its strategy centres on global expansion through targeted partnerships and acquisitions.
Heca was founded in 2010 in Ortona, in the province of Chieti in the Abruzzo region of Italy. The company employs approximately 30 staff and operates a multi-product portfolio through a digital platform, serving brokers and clients across Italy and Europe.
Soni said the full acquisition of Heca advances the company's European growth strategy.
"Our experience working with Heca has consistently demonstrated their innovation, local insight and commitment to clients," Soni said. "That is why we decided to take the next step and acquire full ownership."
Menicucci said the transaction opens a new phase for the business.
"Joining Optio fully marks the beginning of an exciting new chapter for our business," Menicucci said. "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."
