Cinven to acquire Finaxy from Ardian.

Cinven, an international private equity firm, agreed to acquire Finaxy, a French multi-specialist insurance broker, from Ardian, a private investment house. Financial terms were not disclosed. "We are delighted to partner with Erick Berville, Philippe Guetta, Cyril Chazarain and the rest of the team and we look forward to supporting them in their growth ambitions. The Company has a differentiated position in a resilient and expanding market, and we see a tremendous opportunity to accelerate Finaxy’s current growth momentum," Juan Monge, Cinven Partner.