Managing general agent Optio Group has acquired a strategic investment in Italian MGA Heca Srl for an undisclosed sum. Founded in 2010, Heca has a multi-product offering supported by a fully digital experience. The deal adds to others in The Netherlands, Belgium and Luxembourg over recent months.

Deepak Soni, CEO of Optio Group, said: “The impressive growth of Heca, led by the exceptional vision of founder and CEO Emmanuele Menicucci and managing partner Nick Evers, perfectly encapsulates the kind of entrepreneurial business culture Optio is proud to endorse. We seek to remain a long-term stakeholder and intend to support them as they continue building on their ambition, for customers and partners.

“This is the latest important development in our European expansion strategy as we look to acquire and invest in entrepreneur-led, technologically advanced and innovative MGA businesses, with a strong proven track record of success.”