Announced

Apicil Group acquired The OneLife Company from JC Flowers.

Synopsis

Apicil Group, the fourth-largest social protection group in France, acquired The OneLife Company, a asset and wealth management company, from JC Flowers, an American private equity investment firm. Terms of the agreement were not disclosed. Philippe Barret, Chief Executive Officer of APICIL, commented: “The expertise of the teams and the quality of the capabilities of OneLife are a perfect complement to the value chain which we already possess in Luxembourg with APICIL Life Luxembourg and will enable us to further accelerate our growth in the market.”

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