Pet Insurer Bought by Many Snaps up £80M Boost from FTV

A British pet insurer which is among the industry’s fastest-growing players has raised nearly £80m from the sale of shares to investors led by a prominent private equity firm. Sky News has learnt that Bought By Many, which is based in London and launched eight years ago, will announce on Tuesday that it has secured £78m from FTV Capital, which backs financial services companies, and a group of its existing shareholders. Bought By Many insures more than 200,000 pets, and recently expanded from the UK to Sweden, with the latest capital injection expected to facilitate further international growth.

Read the full article: Pet Insurer Bought by Many Snaps up £80M Boost from FTV //

Source: https://news.sky.com/story/pet-insurer-bought-by-many-snaps-up-80m-boost-from-share-sale-11982837

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