BDA Advises Innoveo on Sale to Tinubu

Original York, NY, Could well well perhaps 15, 2025 –(PR.com)– BDA Partners is happy to jabber that its client, Innoveo, has been received by Tinubu, a leading provider of enterprise instrument alternate options for the global specialty insurance coverage swap. The deal is backed by Long Arc Capital, a Original York-headquartered investment firm. Innoveo is a no-code enterprise instrument company, identified for its flexible platform and deep insurance coverage expertise.
BDA acted as uncommon financial advisor to Innoveo and its shareholders on the transaction.
This acquisition will toughen Tinubu’s means to support a broader vary of specialty strains—at the side of Surety, Alternate Credit, Accident & Successfully being, Marine, Aviation, Transport, Cybersecurity, and Energy—while additionally offering the agility to address the sexy wants of insurers in each place in the specialty market. By combining Tinubu’s flexible stop-to-stop platforms with Innoveo’s no-code capabilities, the enlarged neighborhood will carry unmatched flexibility, sail, and innovation to specialty insurance coverage companies worldwide.
Vinod Kachroo, CEO of Innoveo, acknowledged: “Becoming a member of Tinubu allows us to sail up our mission of serving to specialty line insurers develop and change into their operations. Our flexible, highly configurable enterprise alternate options possess already helped many leading insurers innovate quickly, with self belief of success, label-successfully. As portion of Tinubu, we’ll tag entry to broader capabilities, a global client substandard, and deep expertise — growing worthy synergies that can unlock aloof price for every existing and future customers. The BDA personnel performed a pivotal map in managing a multi-geography, advanced transaction course of. Manoj, Jyotin, Shubham and Sian demonstrated professionalism and InsurTech expertise. Their tireless efforts enabled Innoveo to gain the trusty strategic accomplice for our subsequent segment of enhance.”
Manoj Balwani, Accomplice & Head of Technology US & India, acknowledged: “We’re proud to possess told Innoveo and its shareholders on this strategic InsurTech transaction. Innoveo’s no-code platform and deep specialty insurance coverage point of curiosity made it a worthy match for Tinubu. We lengthen our simplest wants to the Innoveo and Tinubu groups for their subsequent segment of enhance. As instrument adoption accelerates within the US market, we await fundamental consolidation snarl to be driven by these market leaders. BDA, alongside with our strategic investor William Blair, has sturdy credentials in this draw to utter leading instrument and InsurTech companies of their sail of price creation.”
Jyotin Gagrani, Managing Director, BDA Partners, acknowledged: “Innoveo has constructed a a form of platform tailored to the wants of the specialty insurance coverage swap. This transaction showcases our expertise in advising customers in Tool and SaaS agencies, as successfully as our reach into the global strategic and deepest equity consumers. Congratulations to the Innoveo and Tinubu groups as they embark on this highly synergistic sail. It’s been a privilege to work alongside with every groups, to support carry collectively two complementary agencies, marking BDA’s 12th transaction within the US–India corridor.”
Deal personnel
· Manoj Balwani, Accomplice, Head of Technology US & India, Original York, Mumbai
· Jyotin Gagrani, Managing Director, Mumbai
· Shubham Verma, Vice President, Mumbai
· Sian Crowder, Accomplice, Original York
About Innoveo
Innoveo is a main in offering core Insurance coverage alternate options fancy underwriting workbench, raters, coverage administration & claims. The alternate options are powered by Innoveo’s no-code cloud platform, enabling insurers to streamline operations, simplify & automate processes, improve resolution-making, and assemble user-pleasant expertise for all stakeholders with flexible, uncomplicated-to-configure alternate options. https://innoveo.com/
About Tinubu
Tinubu is the leading provider of enterprise instrument alternate options for the global specialty insurance coverage swap, riding the swap’s digital transformation and enhance with simplest-in-class cloud technology and deep domain expertise. Tinubu provides stop-to-stop alternate options in each place in the total insurance coverage price chain, at the side of coverage or bond administration, underwriting, distribution, and claims. Tinubu brings 25+ years of sector expertise and resources all over carriers and distribution. https://www.tinubu.com/
About BDA
BDA Partners is the global investment banking advisor for Asia. We’re a top class provider of Asia-associated recommendation to classy customers globally, with 30 years’ expertise advising on depraved-border M&A, capital elevating, and financial restructuring. We provide global reach with our groups in Original York and London, and proper regional depth thru our seven Asian offices in Mumbai, Singapore, Ho Chi Minh Metropolis, Hong Kong, Shanghai, Seoul and Tokyo. BDA has deep expertise within the Chemicals, Shopper & Retail, Successfully being, Industrials, Services and products, Sustainability and Technology sectors. We work relentlessly to form our customers’ believe by turning in insightful recommendation and eminent outcomes. BDA Partners has strategic partnerships with William Blair, a premier global investment banking swap, and with DBJ (Style Financial institution of Japan), a Eastern government-owned financial institution with US$150bn of resources.
US securities transactions are performed by BDA Partners’ affiliate, BDA Advisors Inc, a broker-vendor registered with the Securities and Alternate Commission (SEC). BDA Advisors Inc. is a member of the Financial Alternate Regulatory Authority (FINRA) and SIPC. In the UK, BDA Partners is allowed and regulated by the Financial Behavior Authority (FCA). In Hong Kong, BDA Partners (HK) Ltd is licensed and regulated by the Securities & Futures Commission (SFC) to habits Form 1 and Form 4 regulated activities to skilled consumers. www.bdapartners.com
BDA Partners
Euan Rellie
212-265-5300
www.bdapartners.com
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