At what enterprise value was GROUPE LEADER INSURANCE acquired in 2025?

During the acquisition of GROUPE LEADER INSURANCE by ARDONAGH in 2025, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M 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 13.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GROUPE LEADER INSURANCE when it was acquired by ARDONAGH?

The exact EV/EBITDA multiple for GROUPE LEADER INSURANCE is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.9x. Join our community for free to access full valuation data and industry trends.

When was GROUPE LEADER INSURANCE acquired by ARDONAGH?

GROUPE LEADER INSURANCE was acquired by ARDONAGH in 2025.

What was the revenue of GROUPE LEADER INSURANCE at the time of the deal?

The revenue of GROUPE LEADER INSURANCE at the time of the deal is estimated to be in the range of 50M - 100M 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 GROUPE LEADER INSURANCE 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 GROUPE LEADER INSURANCE 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://groupe-leaderinsurance.com/fronts/pdf/presse/cfnews-leader-insurance-souscrit-a-la-these-d-un-geant-britannique.pdf

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Home Database Financial ServicesGROUPE LEADER INSURANCE

09/2025

GROUPE LEADER INSURANCE acquired by ARDONAGH

FRANCE Brokerage EV 300M - 700M EUR

Context

Ardonagh acquired 100% of Leader Insurance from Abenex for an enterprise value of EUR300M. This landmark transaction marks Ardonagh's first entry into the French market. The founder, Yoann Chery, will remain President of the French entity, reinvest a significant portion of his proceeds into Ardonagh Europe, and take charge of its French operations.

Abenex had previously taken control of the company through an LBO in 2021.

GROUPE LEADER INSURANCE, which reported an EBITDA margin of LOGIN in 2024, 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 (13.9x).

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

A French multi-specialist insurance broker and wholesaler, leader in the decennial liability insurance market for SMEs and artisans. The group operates through a direct retail network (25+ agencies) and a wholesale branch (Leader Souscription) serving over 4,000 partner brokers.

Ent. Value

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Historical Financials (EUR)

Year

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2024

2023

Other operations with GROUPE LEADER INSURANCE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
07/2021	ABENEX	GROUPE LEADER INSURANCE	FRANCE	Brokerage	Abenex acquired a majority stake in Leader Insurance, succeeding LT Capital. The deal valued the group at approx. The transaction aimed to support founder Yoann Chery in his ambitious "buy-and-build" strategy to diversify into health, protection, and new geographic markets (DROM-COM).

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE LEADER INSURANCE by ARDONAGH 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).

Acquirer: ardonagh