At what enterprise value was AXERIA IARD acquired in 2019?

You can find the full valuation details of AXERIA IARD on mynth capital. 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 12.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AXERIA IARD when it was acquired by WATFORD?

The exact EV/EBITDA multiple for AXERIA IARD is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 12.2x. Join our community for free to access full valuation data and industry trends.

When was AXERIA IARD acquired by WATFORD?

AXERIA IARD was acquired by WATFORD in 2019.

What was the revenue of AXERIA IARD at the time of the deal?

The revenue of AXERIA IARD at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 AXERIA IARD 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 AXERIA IARD 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.april.com/fr/communique-de-presse/april-signature-dun-contrat-dacquisition-en-vue-de-la-cession-daxeria-iard/

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Home Database Financial ServicesAXERIA IARD

12/2019

AXERIA IARD acquired by WATFORD

FRANCE Insurance REV 100M - 200M EUR

Context

As part of its strategic refocusing on insurance brokerage, April Group sold Axeria IARD to WATFORD. This divestment allows April to exit the capital-intensive risk-carrying business and operate as a pure wholesale broker, while securing a long-term partnership with the carrier.

AXERIA IARD, which reported an EBITDA margin of in 2018, 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 (12.2x).

-> Deep-dive in Financial Services market trends

Target

A French insurance company specialized in Property & Casualty (P&C) solutions for businesses and professionals. Axeria IARD provides coverage for risks such as multi-risk professional, construction, and motor fleets, primarily distributed through a network of independent brokers.

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Similar deals in Insurance

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2026	AXA	PRIMA ASSICURAZIONI	ITALY	Insurance
10/2025	PALOMAR	THE GRAY CASUALTY & SURETY	UNITED STATES	Insurance
03/2025	ALLIANZ / BLACKROCK / T&D HOLDINGS	VIRIDIUM GROUP	GERMANY	Insurance
09/2024	TITLE RESOURCES GROUP (TRG)	DOMA	UNITED STATES	Insurance
07/2023	SANTIANE	JULIA ASSURANCE	FRANCE	Insurance
07/2016	NAXICAP PARTNERS	STELLIANT	FRANCE	Insurance
05/2015	EXOR	PARTNERRE	UNITED STATES	Insurance
04/2014	CINVEN	SKANDIA GERMANY & AUSTRIA	GERMANY	Insurance
08/2013	CINVEN	HEIDELBERGER LEBEN	GERMANY	Insurance
10/2012	APAX PARTNERS	STELLIANT	FRANCE	Insurance

REFERENCES

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AXERIA IARD by WATFORD 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.