At what enterprise value was FINAXY acquired in 2020?

During the acquisition of FINAXY by ARDIAN in 2020, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of FINAXY when it was acquired by ARDIAN?

The estimated EV/EBITDA multiple for FINAXY is in the range of 10x - 18x.

When was FINAXY acquired by ARDIAN?

FINAXY was acquired by ARDIAN in 2020.

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

The revenue of FINAXY at the time of the deal is estimated to be in the range of 25M - 50M EUR.

What was the EBITDA of FINAXY during the acquisition?

FINAXY's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the FINAXY 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 FINAXY 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.equistone.fr/ardian-announces-its-acquisition-of-finaxy-a-french-leader-in-insurance-brokerage-from-equistone/

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07/2020

FINAXY acquired by ARDIAN

FRANCE Brokerage EV 100M - 350M EUR

Context

Ardian acquired a majority stake in Finaxy from Equistone Partners Europe, which had owned the group since 2014. The transaction was valued at an Enterprise Value of €160 million, representing an aggressive multiple of approximately 14.5x EBITDA. To secure the asset in a competitive process managed by Lazard, Ardian submitted a preemptive offer that outpaced other finalists such as Parquest Capital and Abénex. The transaction is financed by a senior debt package provided by a pool of banks, representing approximately 5.0x EBITDA. Founder and CEO Erick Berville remains at the helm, maintaining a significant equity stake to drive the next phase of consolidation and organic growth.

It is worth noting that the fund Equistone took control of Finaxy through an LBO in 2014.

FINAXY, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Financial Services sector (12.5x).

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Target

Founded in 2009, Finaxy Group has rapidly ascended to become the 10th largest multi-specialist insurance broker in France, managing nearly EUR100 million in commissions with a robust 30% profitability margin. The group operates through three strategic pillars: a B2B division serving SMEs and mid-caps, a B2C division focused on high-growth luxury and affinity niches (such as prestige cars and pet insurance), and a dedicated partnerships division with major bancassurers.

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Other operations with FINAXY

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
09/2024	CINVEN	FINAXY	FRANCE	Brokerage
04/2014	EQUISTONE	FINAXY	FRANCE	Brokerage

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 25M - 50M EUR

EBITDA 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 FINAXY by ARDIAN 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.

Acquirer: ardian