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New Deal


Announced

Latour Capital and Societe Generale Assurances to acquire Primonial from Bridgepoint and Arkea.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Asset Managers and Custodians

France

real estate investment management services

Private Equity

Pending

Majority

Single Bidder

Friendly

Synopsis

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Latour Capital and Societe Generale Assurances agreed to acquire Primonial, a French mass market wealth management company, from Bridgepoint and Arkea. Financial terms were not disclosed. “We are very pleased to welcome new investors around the table, and thus to give Primonial the opportunity to contribute to a new dynamic. After two years of strong development, this new configuration will provide the Group with all necessary resources to continue to accelerate its international expansion and to multiply operating synergies between players in the sector. We want to support Primonial's management in this new phase," Vincent-Gael Baudet, Bridgepoint Partner.

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