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Announced

Completed

APRIL Group completed the acquisition of Lexham Insurance.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

United Kingdom

insurance products

Single Bidder

insurance broker

Insurance Brokers

Acquisition

Private

Majority

Cross Border

Friendly

Synopsis

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APRIL Group, a wholesale insurance broker in France and Europe, completed the acquisition of Lexham Insurance, a specialist insurance broker. Financial terms were not disclosed. “APRIL has been present in the UK market since 2012 through its London-based expatriate insurance business. The group is now confirming its ambitions for international development, particularly in the property and casualty and two-wheeler insurance markets, where we already have strong expertise in France and Spain,” Eric Maumy, APRIL Group CEO.

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