Societe Centrale Prevoir acquired AssurOne Group from AnaCap Financial Partners.

AnaCap Financial Partners has entered an exclusivity arrangement to sell its French insurance broker AssurOne Group to Societe Centrale Prevoir SA. Financials terms were undisclosed. AnaCap first bought the business from Seventure Partners, Bpifrance and the company founders back in June 2014. AssurOne Group specializes in the online distribution and management of personal insurance products. Under AnaCap’s ownership the company increased its revenue growth by 82%. Nassim Cherchali, AnaCap Managing Director “Our strategy for AOG was to grow and digitalise an already successful platform, strengthening its competitive position and improving the overall customer journey. The sale of the business stands testament to the investment thesis and we are pleased with the outcome for our investors.”