Apax to acquire a majority stake in Opteven from Ardian at €370m valuation.

Apax, a long-term investor, agreed to acquire a majority stake in Opteven, an insurance broker, from Ardian, an assets manager, at €370m ($378m) valuation. "We are delighted to have been able to work alongside Opteven’s teams. They have significantly developed the company by pushing forward the group' s global expansion and digitalization, while continuing to provide high quality services and prioritizing corporate social responsibility. We are pleased to pass the baton to a quality partner such as Apax Partners and we wish them great success," Marie Arnaud-Battandier, Ardian Managing Director.