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12/2025

HUEBER ASSURANCES acquired by ODDO BHF

FRANCE Brokerage EV €100–350M

Context

The family-owned brokerage firm Hueber Assurances opens its capital for the first time in an Owner Buy-Out (OBO) transaction. Oddo BHF Private Equity enters as a minority strategic partner. The deal values the company at over EUR100 million. This operation allows the Hueber family to realize part of their asset value ("Cash-out") while retaining control. The partnership aims to fuel external growth, enabling the broker to acquire other portfolios or firms in the consolidating French brokerage market.

HUEBER ASSURANCES, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a premium to the average currently observed in the Financial Services sector (12.3x).

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Target

A leading regional insurance brokerage firm based in Tarbes. Founded and led by the Hueber family, the company offers a wide range of insurance products (Property & Casualty, Health, Life) to both individuals and corporate clients. It has built a strong reputation in the Occitanie region through organic growth and local proximity.

Ent. Value

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€5–25M
€5–25M
[members only]
2023
€5–25M
€5–25M
[members only]

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REFERENCES

Valuation range: EV €100–350M

Revenue range: €5–25M

EBITDA range: €5–25M

EV/Revenue range: 4x - 10x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HUEBER ASSURANCES by ODDO BHF 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: hueber assurances

Acquirer: oddo bhf