mynth
05/2025

KEREIS acquired by ADVENT INTERNATIONAL

FRANCE Brokerage EV 1b - 4b EUR

Context

Advent International entered into exclusive negotiations to acquire Kereis from Bridgepoint. The transaction aimed to support the group's digital transformation and its expansion into new European markets and adjacent insurance products.

It is worth noting that the fund Bridgepoint took control of Kereis through an LBO in 2020.

KEREIS, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Financial Services sector (13.1x).

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 European leader in the brokerage of individual protection insurance (especially loan insurance). Kereis provides digital and innovative solutions for banks, insurers, and credit institutions through its specialized subsidiaries.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2024
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2023
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Other operations with KEREIS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2026KEREISSANTIANEFRANCEBrokerage

The acquisition of Santiane by Kereis represents a strategic move, driven by the latter's intention to expand its market footprint and reinforce its position in the French insurance industry. Through this transaction, Kereis aims to leverage Santiane's expertise in the health and prevoir sector, while also diversifying its service offerings and strengthening its distribution network

05/2020BRIDGEPOINTKEREISFRANCEBrokerage

Bridgepoint has acquired a majority stake in Financière CEP from the American private equity firm JC Flowers & Co and the group's founder, Hubert Guillard. This secondary LBO follows an unsuccessful sale process in 2017

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 150M - 250M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of KEREIS by ADVENT INTERNATIONAL 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).

Target: kereis

Acquirer: advent international