Optio Group
Deal typeTransaction Services
IndustryFinancial Services
BDO Ireland provided Financial and Tax due diligence services to Optio Group on its acquisition of CGU.
Optio Group is international specialty MGA group operating across multiple jurisdictions and lines of business, with a strong focus on delegated underwriting and niche insurance solutions.
CGU (Construction Guarantee Underwriters Limited) is an Irish specialist in construction surety and performance bonds. Established in 1984 with long-standing capacity support from Hiscox, CGU brings more than 40 years of underwriting heritage in Ireland's construction market. The business is led by directors Kevin O'Brien and Mark Hogan, who have built a reputation for disciplined underwriting across multiple construction cycles in a sector marked by periods of rapid expansion and contraction.
The team advising on the deal was led by Maurice Kennedy.
Optio Group is international specialty MGA group operating across multiple jurisdictions and lines of business, with a strong focus on delegated underwriting and niche insurance solutions.
CGU (Construction Guarantee Underwriters Limited) is an Irish specialist in construction surety and performance bonds. Established in 1984 with long-standing capacity support from Hiscox, CGU brings more than 40 years of underwriting heritage in Ireland's construction market. The business is led by directors Kevin O'Brien and Mark Hogan, who have built a reputation for disciplined underwriting across multiple construction cycles in a sector marked by periods of rapid expansion and contraction.
The team advising on the deal was led by Maurice Kennedy.