At what enterprise value was KEREIS acquired in 2020?

During the acquisition of KEREIS by BRIDGEPOINT in 2020, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

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.

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.

What was the EBITDA of KEREIS during the acquisition?

KEREIS's EBITDA is estimated to be in the range of 100M - 200M EUR.

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

What is the average EV/EBITDA multiple for the Financial Services sector in 2026?

The average EV/EBITDA multiple for the Financial Services sector in 2026 is 12.4x.

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Home Database Financial ServicesKEREIS

05/2020

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 in 2019, 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

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2019

2018

Other operations with KEREIS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2026	KEREIS	SANTIANE	FRANCE	Brokerage
05/2025	ADVENT INTERNATIONAL	KEREIS	FRANCE	Brokerage

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: kereis

Acquirer: bridgepoint