Announced
Completed
Financials
Tags
Private Equity
Insurance Brokers
Private
Acquisition
Completed
B2B and B2C insurance brokerage
Friendly
France
Majority
Single Bidder
Synopsis
Ardian completed the acquisition of Finaxy, a French multi-specialist B2B and B2C insurance broker, from Equistone Partners, a European mid-market private equity firm. Financial terms were not disclosed. “Knowing this sector quite well, we were convinced by Finaxy's multi-specialist positioning and its potential for organic growth across its three businesses. Under the leadership of Erick Berville, Finaxy has also been a key player in the consolidation of a still fragmented market and we will continue to support and accelerate this external growth policy. We are delighted to support Erick and his teams who, beyond their performance, have demonstrated agility and a strong entrepreneurial culture," Alexis Lavaillote, Ardian Expansion team Managing Director. .
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