At what enterprise value was SANTIANE acquired in 2020?

During the acquisition of SANTIANE by LATOUR CAPITAL in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M 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 12.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SANTIANE when it was acquired by LATOUR CAPITAL?

The estimated EV/EBITDA multiple for SANTIANE is in the range of 10x - 18x. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 12.6x. Join our community for free to access full valuation data and industry trends.

When was SANTIANE acquired by LATOUR CAPITAL?

SANTIANE was acquired by LATOUR CAPITAL in 2020.

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

The revenue of SANTIANE at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SANTIANE during the acquisition?

SANTIANE's EBITDA is estimated to be in the range of 5M - 25M 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 SANTIANE 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 SANTIANE 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://www.latour-capital.fr/files/documents/Communiqu%C3%A9%20Santiane%20v1.pdf

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Home Database Financial ServicesSANTIANE

10/2020

SANTIANE acquired by LATOUR CAPITAL

FRANCE Brokerage EV 100M - 350M EUR

Context

Latour Capital has successfully finalized the acquisition of a majority stake in the share capital of the target from its previous institutional sponsor, following a highly competitive auction process. This strategic transaction represents a significant milestone in the broker's evolution, marking its transition into a new phase of institutional scaling. The strategic rationale for the move centers on the acquirer’s objective to leverage the target’s unique digital-native distribution model, which demonstrated exceptional resilience and performance during period of global market volatility. By incorporating new institutional backing, the organization reinforces its ability to accelerate its organic growth and explore potential buy-and-build opportunities in the fragmented insurance brokerage landscape. The partnership is designed to maintain the leadership of the existing management team while providing the financial depth required to enhance technical operational depth in digital customer acquisition. This integration facilitates the further professionalization of the firm’s wholesale division, providing the strategic resources required to navigate the evolving regulatory environment for individual health insurance in France. The move solidifies the group’s standing as a primary enabler of digital transformation in the insurance services sector.

SANTIANE, 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 (12.6x).

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

Santiane is a specialized financial organization operating as a leading digital-native insurance broker focused on individual health and protection (prévoyance). The entity’s business model is centered on a dual-track distribution framework, combining a direct-to-consumer (B2C) online platform with a wholesale (B2B) network for independent brokers. Its value proposition is anchored in a highly optimized customer acquisition engine and technical operational depth in data-driven lead conversion. Strategically, the firm focuses on the digital transformation of traditional insurance distribution, utilizing proprietary software to simplify complex policy comparison and subscription workflows. By maintaining a scalable "Insurtech" infrastructure, the organization ensures a mission-critical role in the French individual insurance market. The entity prioritizes industrialized agility and multi-carrier integration to facilitate personalized coverage solutions in a structurally growing healthcare landscape.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
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
07/2023	SANTIANE	APPLI-KEY	FRANCE	Software	The acquisition of Appli-Key by Santiane marks a strategic expansion of the latter's capabilities in the InsureTech sector, enabling the company to strengthen its market position and accelerate its growth
07/2023	SANTIANE	JULIA ASSURANCE	FRANCE	Insurance	The acquisition of Julia Assurance by Santiane marks a strategic move by the latter to diversify its services and expand its market footprint. By partnering with Julia Assurance, Santiane aims to strengthen its position in the French insurance market and capitalize on the growing demand for loan insurance
07/2023	SANTIANE	UGIP ASSURANCES	FRANCE	Brokerage	The acquisition of UGIP Assurances by Santiane marks a significant step in the latter's strategy of growth and diversification in the French insurance market. Through this transaction, Santiane aims to expand its market footprint and enhance its product offerings, leveraging UGIP Assurances' expertise in wholesale insurance broking and its network of partner brokers

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

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

Press release: view release

Target: santiane

Acquirer: latour capital