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New Deal


Announced

Completed

Essling Expansion-backed SPVIE Assurances completed the acquisition of Assurances de l’Adour.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

France

Majority

Single Bidder

brokerage

Insurance Brokers

Completed

Private

Private Equity

Domestic

Synopsis

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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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