Bridgepoint-backed Kereis completed the acquisition of a majority stake in RGF group.

Bridgepoint-backed Kereis, an insurance broker for specialist credit-related life insurance, completed the acquisition of a majority stake in RGF group, a Belgian broker in insurance, credit and banking services. Financial terms were not disclosed. "This new transaction will enable us to strengthen our distribution capacity and extend our European platform in consulting and brokerage. Raoul Gauthier has developed a benchmark brokerage business in French-speaking Belgium, and can count on Kereis’ support to accelerate its development, including through acquisitions of Belgian brokers. I would like to sincerely thank Raoul Gauthier and his management team for their confidence, and we welcome them to the Group," Éric Lasaygues, Kereis Deputy CEO.