PATRIMMOFI
Acquired by
ANDERA PARTNERS
PATRIMMOFI acquired by ANDERA PARTNERS
Target
PATRIMMOFI
Acquirer
ANDERA PARTNERS
Context
Andera Partners, a leading European private equity firm, has acquired a minority stake in Patrimmofi, a rapidly growing French private wealth advisory group. The transaction, completed in 2021, was carried out through Andera�s Expansion team (small-to-mid-cap fund) and marks a new phase of institutional backing for the firm, which was spun off from Primonial in 2016.
This transaction is part of the Financial Services industry, which currently tracks an average EBITDA multiple of 14.0x since the beginning of 2026, 5.3% decrease compared to 2025. 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
Groupe Patrimmofi is a leading national platform in Wealth Management Advisory (CGP - Conseil en Gestion de Patrimoine). The group manages over €3 billion in assets under management (AuM) for a diverse clientele. Its business model is built on an "entrepreneurial association" strategy rather than a traditional integration model, allowing acquired firms to maintain their local brands and managerial autonomy while benefiting from a centralized platform of services and expertise. This approach has fostered a community of highly engaged managing partners focused on independent advice and human-centric client relationships. Over the last four years, the group has quintupled in size, significantly strengthening its central functions to support a high-volume "buy-and-build" strategy.
Ent. Value
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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with PATRIMMOFI
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 09/2025 | GROUPE VYV | PATRIMMOFI | FRANCE | Wealth & Asset Management | Groupe VYV has acquired a controlling interest in Groupe Patrimmofi, facilitating the exit of Andera Partners (via its Andera Expansion fund). This transaction follows a period of hyper-growth where the target quintupled its size and executed 18 strategic bolt-on acquisitions under the stewardship of private equity. The strategic rationale for the deal is the long-term institutionalization of the platform, shifting from a typical four-year investment cycle to a permanent capital structure provided by France's top mutualist insurer. This partnership is designed to accelerate the group's consolidation of the fragmented French wealth management market, targeting a tripling of Assets under Management from €3 billion to €10 billion by the end of 2029. For the management team, the entry of an industrial partner ensures the preservation of their "entrepreneurial association" model while providing the financial firepower to target larger, critical-sized firms. The deal was meticulously prepared through an anticipated exit process, ensuring a smooth transition to a partner capable of sustaining the target's high-speed expansion. This move highlights the growing trend of large insurance groups acquiring independent wealth management platforms to secure direct access to the high-net-worth savings and retirement market. |
mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.