Announced
Financials
Sources
Tags
Majority
Single Bidder
Pending
life insurance
Domestic
Friendly
Life Insurance
Private Equity
Acquisition
France
Private
Synopsis
Private equity firm Eurazeo agreed to invest in Groupe Premium, an independent broker for life insurance and retirement savings solutions, at a €290m ($345m) valuation. "I would be very happy to welcome Eurazeo as an investor in Groupe Premium. Eurazeo’s teams have shown great professionalism and proposed a very exciting new challenge, but most importantly they have understood the DNA of Groupe Premium, which is above all a disruptive, people-driven business. Groupe Premium’s fundamental values are support, social mobility and meritocracy," Olivier Farouz, Groupe Premium Chairman and Founder.
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