MSA
Investment Details
MSA Mizar Group is a holding company that, in Italy and abroad, designs an operational, technological and consulting environment that customers can fully entrust to the different stages of insurance claims settlement.
Current
Status
Italy
Country
Insurance & Business Services
Sector
MSA
About
Headquartered in Milan, Multi Serass group (MSA Group) is a tech enabled full-service software provider of claims management services to the insurance industry and also provides specialised recoveries and other back-office activities. As the Italian market leader, the MSA Group manages both domestic and international claims across Italy and internationally, through offices located in Italy, France and Spain.
Working closely with the founder and the management team, Columna’s investment strategy is to create the leading independent European claims management platform through continued organic growth, increase in service scope (ie ASP/SaaS IT claims management solutions) and capture of targeted consolidation opportunities in the fragmented European market with an initial focus on France and Spain.
On 31 December 2023, we achieved €75 million in sales, up 15% compared to €65 million in 2022, with a positive profitability despite the important investments in technology (more than 2.5 million Euro, +25% compared to 2022) and structure.
Two years after the entry into the capital of the fund Columna Capital (April 22), the performance of the Group continues to be driven by acquisitions, which will continue to play a major role in our international growth path in the near future. In 2023, alongside the leverage of M&A, organic growth also showed a positive sign compared to the previous year, contributing to the overall result by 40%.
We have a clear goal: becoming the paneuropean reference supplier in outsourced claims management. We are aware that digital transformation is forever changing our market. That is why we mean to face this challenge by turning innovation into business. Every day we make decisions, anticipating trends that are not yet in the market. That is why we are always ready to embrace new and different solutions.
Giovanni Campus, Group CEO MSA MIZAR