The Kirey Group confirms its path of growth and expansion in foreign markets, acquiring a leading reality in the insurance world in Spain and Portugal
Kirey Group continues its path of Italian and international growth by announcing the entry into the group of MPM Software a leading company in the Iberian market in the offer of technological solutions and services for the insurance world.
Founded in 1990, MPM Software is aimed in particular at insurance brokers, brokers, banking operators, insurance companies in general and also in the retail sector in terms of insurance distribution. MPM is based in Igualada (Barcelona) and offices in Barcelona, Madrid and Lisbon.
MPM Software is a leader in the Iberian market with its platform, Visual SEG, an integral management application, designed to facilitate professional insurance brokerage, customer management, policies and proposals, processing and monitoring of claims and the control of the portfolio and of the income related to the various companies mediated.
MPM Software will allow the Kirey Group to enter the Iberian market, adding to its resources and expertise the strong territorial presence of MPM and exporting its portfolio of solutions dedicated to the banking and insurance market, and also to approach new emerging markets such as that of America Latina (in particular Chile, Colombia and Mexico), where MPM Software is present with interesting projects and services. MPM will be able to find in the Group the strategic vision and solid experience in the development of international business, an essential aspect for the growth of a company in an increasingly global and demanding context.
“Since the Group’s inception, we have been paying close attention to foreign markets, with a twofold objective: to export our solutions and expertise and, at the same time, to enrich our portfolio with new capacities,” explains Vittorio Lusvarghi, President of Kirey Group. “MPM Software is a key player in the Iberian market and its core business is aimed at the sector in which our Group has more experience. This is why I expect a lot of synergies between our activities “.
“Entering the Kirey Group will help MPM Software achieve the ambitious growth goals we have set ourselves,” says Isidre Mensa, co-founder and General Manager of MPM Software. “The resources that the Group has in terms of people and skills are significant and both companies share the choice to invest constantly in Research and Development to offer the market innovative solutions able to respond to the ever-new needs that come from customers in one scenario of continuous evolution “.
The operation was successfully completed on 8 November, under the supervision of ARS Corporate (financial consultancy and global project coordination) for Kirey Group and ILV Silver (financial and legal advice and global coordination) for MPM Software. Altalex and CHR Legal (legal advice) and PWC (due diligence) also took part.
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