.
MergerLinks Header Logo

New Deal


Announced

Meilleurtaux to acquire Active Assurances from Activa Capital for 129m.

Financials

Edit Data
Transaction Value£129m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA10x
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

Majority

Single Bidder

insurance broker

Acquisition

Domestic

Pending

France

Insurance Brokers

Private

Friendly

Synopsis

Edit

Meilleurtaux, a financial service company, agreed to acquire Active Assurances, an insurance broker, from Activa Capital, an independent private equity company, for 129m. "Since we took a stake in the capital with Bpifrance in May 2018, Active Assurances has experienced exceptional growth under the impetus of its managers. After two acquisitions, including a structural one in the health sector, the Group has achieved its initial 5 year roadmap in less than 3 years. We are very proud and happy to have supported the Group in this strong growth. This transaction demonstrates once again the relevance of Activa Capital's positioning since 2015, focused on supporting founding entrepreneurs in transforming primary LBO transactions," Alexandre Masson and Christophe Parier, Activa Capital Managing Partners.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US