Addleshaw Goddard has advised Santévet Group, the European leader in pet health insurance, and its majority shareholder Columna Capital, on Santévet’s acquisition of a majority stake in Tedaisy Insurance Group, a fast-growing UK-based pet health insurance provider. The transaction, subject to UK regulatory approval, marks a significant step in Santévet’s international growth strategy, securing its entry into the UK’s £2 billion pet insurance market and expanding its pan-European platform. Tedaisy will continue to operate under its award-winning brands, Perfect Pet and Now Pet Insurance, leveraging Santévet’s technology, data capabilities and two decades of market experience.
 
The Addleshaw Goddard team was led by London corporate partner Marc Field, working closely with Geoff Yates, Matt Brewer, Kyle Rainsford, Christian Du Toit and Lisa Lee Lewis alongside colleagues across the firm’s M&A, regulatory and insurance teams. French law expertise was provided by the Paris office of AG.
 
Marc Field, partner at Addleshaw Goddard, commented:
 
“We are pleased to have supported Santévet and Columna Capital on this important strategic transaction. This deal brings together two highly complementary businesses, and showcases Santévet’s strong ambition to scale in one of Europe’s most sophisticated insurance markets." 

Vilmos Pongrácz, co-founder and Partner at Columna said:
 
"Santévet’s acquisition of Tedaisy represents a significant step towards delivering on its international expansion plan. It further strengthens Santévet’s leadership position as an independent pan-European pet health insurance platform. We have been very impressed by Tedaisy’s track record to date and look forward to working with both management teams to accelerate Tedaisy’s growth in the UK market".

About Columna Capital

Columna Capital is an entrepreneurial lower mid-market private equity firm with an investment focus in Spain, France, Italy and Switzerland. Founded in 2009 and led by four partners, the Columna team consists of an engaged group of professionals that actively support dedicated management teams and entrepreneurs to drive organic growth and execute on consolidation opportunities. Typically, Columna invests in companies with up to €100 million in revenue and significant growth potential and has a sector focus in healthcare, animal health, financial and business services, as well as agri-food.