Announced
Financials
Tags
Private Equity
Majority
Single Bidder
insurance broker
Acquisition
Domestic
Pending
France
Insurance Brokers
Private
Friendly
Synopsis
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.
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