When was ASCORA acquired by IK PARTNERS?

ASCORA was acquired by IK PARTNERS in 2025.

What was the revenue of ASCORA at the time of the deal?

The revenue of ASCORA at the time of the deal is estimated to be in the range of 5M - 25M EUR.

How is the data for the ASCORA 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 ASCORA 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://www.cambonpartners.com/fr/transactions/ascora-lbo-with-ik-partners

What is the average EV/EBITDA multiple for the Financial Services sector in 2026?

The average EV/EBITDA multiple for the Financial Services sector in 2026 is 12.4x.

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Home Database Financial ServicesASCORA

12/2025

ASCORA acquired by IK PARTNERS

FRANCE Brokerage REV 5M - 25M EUR

Context

IK Partners acquired a majority stake in Ascora to facilitate its managerial transition. With this first LBO, Ascora is entering a new development phase supported to accelerate its consolidation strategy. Having already acquired thirteen brokers, the group aims to leverage IK's expertise in scaling insurance platforms to strengthen its leadership position in the French market.

ASCORA, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Financial Services sector (12.4x).

-> Deep-dive in Financial Services market trends

Target

Founded in 1989, Ascora is one of the top 20 insurance brokers in France. It offers a comprehensive range of services including distribution, underwriting, contract production, and claims management. The group operates across three main expertise lines: Real Estate, P&C (IARD), and Life & Health insurance, serving over 12,000 clients.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Similar deals in Brokerage

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2026	CONSULBROKERS	IGB INSURANCE GOLD BROKERS	ITALY	Brokerage
01/2026	HLD	ENTORIA	FRANCE	Brokerage
12/2025	ODDO BHF	HUEBER ASSURANCES	FRANCE	Brokerage
09/2025	ARDONAGH	GROUPE LEADER INSURANCE	FRANCE	Brokerage
07/2025	BRIDGEPOINT	HANSEATIC BROKING CENTER (HBC)	GERMANY	Brokerage
05/2025	ADVENT INTERNATIONAL	KEREIS	FRANCE	Brokerage
03/2025	ARDIAN	DIOT-SIACI	FRANCE	Brokerage
10/2024	J.C. FLOWERS	CONSULBROKERS	ITALY	Brokerage
09/2024	CINVEN	FINAXY	FRANCE	Brokerage
02/2024	TMX GROUP	CBOE AUSTRALIA & CANADA	CANADA	Brokerage

REFERENCES

Revenue range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ASCORA by IK PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: ascora

Acquirer: ik partners