Pollen Street Capital (“Pollen Street”) has signed an agreement to acquire all shares in Keylane Group B.V. (“Keylane”) from Waterland Private Equity.
Keylane is a leading European provider of robust, configurable and customer-centric Saas platforms for the insurance and pension industry. Keylane provides solutions that optimise current business processes, unburden their customers and enable them to be future-proof and flexible.
Keylane is headquartered in Utrecht, the Netherlands, with more than 225 customers in the Netherlands, Denmark, Belgium, Germany, Norway and Switzerland.
Pollen Street is a purpose-led alternative asset manager. Established in 2013, the firm has built deep capability across technology, business and financial services, aligned with mega-trends shaping the future of the industry. Pollen Street operates globally and employs more than 80 professionals in their offices in London and Austin, Texas.
The proposed transaction is subject to customary closing conditions and is expected to be completed by the autumn of 2024.
Accura advised Pollen Street in connection with all Danish elements of the transaction.