.
MergerLinks Header Logo

New Deal


Announced

Blackstone to acquire a minority stake in Groupe Premium from Eurazeo and Montefiore Investment for €400m.

Financials

Edit Data
Transaction Value£342m
Consideration TypeCash
Capital Owned-
Capital Bid For35%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Pending

Single Bidder

life insurance

Life Insurance

France

Acquisition

Cross Border

Minority

Private Equity

Friendly

Synopsis

Edit

The Blackstone Group agreed to acquire a minority stake in Groupe Premium, a provider of life insurance and retirement savings solutions, from Eurazeo, a private equity firm, and Montefiore Investment, an ivestment bank in Paris, for €400m. "Blackstone's financing equity will enable Groupe Premium to further accelerate its sustained growth trajectory by providing the company with enhanced resources. This transaction is a strong marker of the Group's strategic positioning and the exceptional quality of the execution of the strategy by Olivier Farouz and his team," Pierre Meignen, Eurazeo Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US