Volaris Group Expands Insurance Portfolio with Acquisition of SSP Limited

Volaris Group Expands Insurance Portfolio with Acquisition of SSP Limited

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Volaris Group has announced the successful completion of the purchase of SSP Limited.

Based in Solihull, United Kingdom, the 700 person company provides core policy, billing, and claims software to leading insurers such as Direct Line Group and leading insurance brokerages such as One Call.

At £70m revenues, SSP exemplifies our ability to acquire larger companies in competitive auctions. The £65m debt facility we entered into also symbolizes our willingness to work with lenders on unique capital structures that enlarge the pie.

Volaris Group is a buy-and-hold acquirer of vertical market technology companies. Along with our parent company Constellation Software Inc, we have completed over 500 buyout transactions. We are well capitalised and generate US$1 billion+ in cash flows annually which we seek to deploy in acquisitions.


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