Cinven to Acquire Finaxy Group from Ardian
September 3, 2024
Private equity firm Cinven has entered exclusive negotiations to acquire the Finaxy group from Ardian, with Finaxy management (led by Founder & CEO Erick Berville) set to significantly reinvest alongside Cinven. Headquartered in Paris, Finaxy is a multi-specialist French insurance broker with over 330 employees and more than €700 million in premiums; Cinven will invest from its Strategic Financials Fund and aims to accelerate Finaxy's buy-and-build growth across France and internationally.
- Buyers
- Cinven
- Targets
- Finaxy
- Sellers
- Ardian
- Industry
- Financial Services
- Location
- Île-de-France, France
- Transaction Type
- Buyout
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