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09/2022

GROUPE VILAVI acquired by HLD

FRANCE Brokerage EV 300M - 700M EUR

Context

HLD acquired a majority stake in Groupe Vilavi, primarily to facilitate the complete exit of the founder and former CEO, following a series of serious criminal indictments. The deal was uniquely funded mainly through equity from HLD and debt secured from five of the group's key insurance partners: Allianz France, Generali France, Swiss Life France, MFA, and Wakam. This "French solution" was preferred over industrial offers (such as from Allianz) to preserve the broker's independence and maintain its ability to work with multiple insurers. The strategic plan under HLD involves strengthening corporate governance, expanding healthcare and workplace risk services, and transitioning toward a wholesale brokerage model.

GROUPE VILAVI, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Financial Services sector (12.4x).

-> Deep-dive in Financial Services market trends

Target

Groupe Vilavi (formarly Assu 2000) is a leading French independent insurance broker. Operating through a network of 320 sites with 1,500 employees, it serves approximately 550,000 customers. The group is a specialist in multi-line brokerage, particularly known for its automotive insurance (Assu 2000) and credit brokerage (AB Courtage). The business model focuses on democratizing access to insurance for a wide range of individuals

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
2021

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE VILAVI by HLD 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: groupe vilavi

Acquirer: hld