Announced
Completed
Financials
Sources
Tags
Acquisition
Friendly
France
Majority
Single Bidder
brokerage
Insurance Brokers
Completed
Private
Private Equity
Domestic
Synopsis
Essling Expansion-backed SPVIE Assurances, a multidimensional brokerage group, completed the acquisition of Assurances de l’Adour, an independent insurance brokerage firm. Financial terms were not disclosed. With the acquisition of Assurances de l'Adour, SPVIE Assurances onboards a pioneer and specialist in "distance selling" in Individual Health for 15 years. This alliance will enable the group to win new market shares in a competitive sector and to spread its know-how over SPVIE Assurances' 1.5k affiliated brokers.
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