London - Ardian Private Debt and CVC Credit Partners, announced today that they have provided financing supporting Five Arrows Principal Investments ("FAPI") in their acquisition of Voogd & Voogd, a leading technology-enabled insurance intermediary based in the Netherlands. The financing also includes a committed debt facility to further support Voogd & Voogd's expansion plans.

Founded in 1909, Voogd & Voogd is a leading technology-enabled insurance distribution and software platform. Providing a range of value-added administrative services and solutions, the company's platform forms the commercial and logistical link between insurers and c.2,000 brokers in the Netherlands.

Mark Brenke, Managing Director & Co-Head Ardian Private Debt, said: "As a financing partner, we are delighted to be supporting Bas de Voogd (CEO Voogd & Voogd), Michael de Nijs (CFO Voogd & Voogd) and FAPI who have a strong track record investing in technology enabled B2B services businesses. Voogd & Voogd has a very long track record as the leading insurance service provider in the Dutch market, leveraging its proprietary technology platform to support the administration and distribution of insurance policies in the Netherlands. The business has been a major innovator in an evolving sector, enabling the digitisation of the personal and commercial lines insurance market."

Neale Broadhead, Managing Director & Portfolio Manager in CVC Credit Partners' direct lending business, said: "We are very excited to announce our latest investment in the Netherlands. Voogd & Voogd is the leading intermediary player in the Dutch insurance market, with superior scale, technology capabilities and reach into the insurers and brokers networks. We look forward to working with FAPI as they position Voogd & Voogd to take advantage of the growth in the Dutch insurance market."