Year of investment April 2012
Status Exit

Coverforce is a leading independent Australian insurance business with two divisions – a specialist provider of group income protection insurance for blue collar workers and a general insurance broker focused on the SME market. Coverforce’s head office is in Sydney, however it operates around Australia, with branches in Adelaide, Brisbane, Melbourne and Perth.

Pemba Capital Partners invested alongside the business’ founder and management team. Pemba and Coverforce’s management are growing the insurance broking business via bolt-on acquisitions. Coverforce recently completed the purchase of a Sydney and Melbourne based insurance broker.

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