At what enterprise value was KEREIS acquired in 2020?

During the acquisition of KEREIS by BRIDGEPOINT in 2020, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b 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 KEREIS when it was acquired by BRIDGEPOINT?

The estimated EV/EBITDA multiple for KEREIS is in the range of 10x - 18x. 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 KEREIS acquired by BRIDGEPOINT?

KEREIS was acquired by BRIDGEPOINT in 2020.

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

The revenue of KEREIS at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of KEREIS during the acquisition?

KEREIS's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

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 KEREIS 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 KEREIS 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://agence-api.ouest-france.fr/pays-de-la-loire/loire-atlantique/assurances-jc-flowers-co-et-hubert-guillard-cedent-le-groupe-cep-a-bridgepoint-8aa91313-4429-4659-a2f7-09eb1737cc3e

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Home Database Financial ServicesKEREIS

05/2020

KEREIS

Acquired by

BRIDGEPOINT

FRANCE Brokerage EV 1b - 4b EUR

KEREIS acquired by BRIDGEPOINT

FRANCE Brokerage EV 1b - 4b EUR

Context

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. The transaction was secured via a preemptive offer signed in early March 2020, just before the COVID-19 lockdowns. The management team, led by CEO Philippe Gravier, is reinvesting alongside Bridgepoint to support an ambitious growth project. The strategic rationale for the deal is to capitalize on CEP's leadership in the French loan insurance and mortgage brokerage markets. Bridgepoint aims to accelerate the group's digital investments and pursue a strategy of international diversification and product expansion across Europe.

KEREIS, which reported an EBITDA margin of LOGIN in 2019, 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 (13.9x).

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 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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Historical Financials (EUR)

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2018

Other operations with KEREIS

Date	Acquirer	Target	Country	Sector	Deal Context
05/2026	KEREIS	SANTIANE	FRANCE	Brokerage	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. The deal is expected to create synergies, driven by the complementary nature of the two companies' operations. By partnering with Santiane, Kereis seeks to build a leading player in the French insurance market, driven by its commitment to delivering high-quality services and building long-term relationships with its clients. The operation includes a clause of earn-out, indexed on the future performance of Santiane. The management is expected to reinvest approximately 50 million euros in the company, demonstrating their confidence in the future prospects of the business. As Kereis continues to navigate its new phase of development under the ownership of Advent International, the acquisition of Santiane is expected to play a key role in driving the company's growth and expansion in the French insurance market.
05/2025	ADVENT INTERNATIONAL	KEREIS	FRANCE	Brokerage	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.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 150M - 250M EUR

EBITDA range: 100M - 200M 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 BRIDGEPOINT are reserved for mynth community members. Register for free to unlock full data.

Authors: 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: bridgepoint