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New Deal


Announced

KKR completed the acquisition of a majority stake in April Group from CVC Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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One Off Charge-

Tags

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Acquisition

Friendly

Single Bidder

Insurance Brokers

Majority

France

Private Equity

insurance brokerage

Private

Completed

Cross Border

Synopsis

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KKR completed the acquisition of a majority stake in April Group, an insurance brokerage firm, from CVC Capital Partners, a private equity firm. Financial terms were not disclosed. “The APRIL Group was created 35 years ago by a visionary entrepreneur. After a great collaboration with CVC Capital Partners, April recovered its original strength. Our aim is to continue the history of this great company and to make it a French champion on a global scale. This next chapter will be enabled by the management team, our 2.3k employees, and KKR, for the benefit of our partners and policyholders,” Eric Maumy, April President & CEO.

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