At what enterprise value was ACTIVE ASSURANCES acquired in 2021?

You can find the full valuation details of ACTIVE ASSURANCES on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 12.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ACTIVE ASSURANCES when it was acquired by GROUPE FINIZY (MEILLEURTAUX)?

The exact EV/EBITDA multiple for ACTIVE ASSURANCES is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 12.9x. Join our community for free to access full valuation data and industry trends.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ACTIVE ASSURANCES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ACTIVE ASSURANCES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://capitalfinance.lesechos.fr/deals/build-up/meilleurtaux-rachete-active-assurances-a-activa-bpifrance-et-ses-dirigeants-1300723

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Home Database Financial ServicesACTIVE ASSURANCES

03/2021

ACTIVE ASSURANCES acquired by GROUPE FINIZY (MEILLEURTAUX)

FRANCE Brokerage EV 100M - 350M EUR

Context

Meilleurtaux acquired 100% of Active Assurances, enabling the exit of financial sponsors Activa Capital and Bpifrance, as well as the founding management team. This strategic acquisition marks a shift in Meilleurtaux's business model: previously a simple comparator (lead generator) in auto/health insurance, the group now becomes a full-stack broker capable of selling, issuing, and managing contracts directly. The deal also strengthens its B2B wholesale brokerage capabilities through Active Assurances' subsidiary, Wazari.

ACTIVE ASSURANCES, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Financial Services sector (12.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Active Assurances is a French digital insurance broker specializing in auto and health insurance. Founded by Thomas Riottot and his partners, the company manages a portfolio of 160,000 clients. Beside its direct-to-consumer activity, it operates a wholesale brokerage arm under the brand Wazari, working with a network of 3,000 partner brokers.

Ent. Value

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Historical Financials (EUR)

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2021

2020

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04/2019	21 INVEST	FMA GROUP (FMA ASSURANCES)	FRANCE	Brokerage	21 Invest France acquired a majority stake in FMA Assurances, partnering with founder and President Ludovic Dumont who retains an equity position and continues to lead the business. The transaction was supported by EY's M&A department (Jean-Louis Duverney-Guichard) on the seller side
01/2019	CVC	APRIL	FRANCE	Brokerage	CVC Capital Partners acquired a 65.13% controlling stake in APRIL from its founder via Evolem. The transaction was followed by a Mandatory Simplified Tender Offer (OPAS) for the remaining shares, leading to the group's delisting
02/2018	ARDIAN	INDEXIA / GROUPE SFAM	FRANCE	Brokerage	Ardian took a minority stake in SFAM to accelerate its international expansion and product diversification. The transaction involved a bond issuance subscribed by ICG. Winch Capital 3 (Edmond de Rothschild Investment Partners), a shareholder since 2016, sold part of its stake but remains an investor
01/2017	GOLDMAN SACHS	GROUPE FINIZY (MEILLEURTAUX)	FRANCE	Brokerage	Goldman Sachs acquired a majority stake in Meilleurtaux, winning a competitive auction process managed by Rothschild & Cie. The seller, Equistone Partners Europe, realized a massive exit after acquiring the asset from BPCE in 2013

REFERENCES

Valuation range: EV 100M - 350M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ACTIVE ASSURANCES by GROUPE FINIZY (MEILLEURTAUX) are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).