Coverforce
“We were impressed with Yorkway’s deep understanding of our business, our industry and our strategic direction.”
Coverforce - 2012
Coverforce is one of Australia’s largest independent general insurance brokers providing niche insurance broking services throughout Australia.
Yorkway originated the investment and acquired a strategic equity position alongside RMB Capital providing growth capital to the business.
Yorkway exited the investment in 2021, delivering a gross IRR and MoM of 22% and 5.2x respectively.