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Announced

Cobepa to acquire Ascentiel Groupe from IK Partners and ISAI.

Synopsis

Cobepa, an independent, privately-held investment company, agreed to acquire Ascentiel Groupe, a digital insurance brokerage platform, from investment firms IK Partners and ISAI. Financial terms were not disclosed. The acquisition will be made in partnership with the management team and is subject to consultation with the works council. The transaction is expected to close before the end of 2024 and financial terms are not disclosed.

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