Cobepa Acquires Majority Stake in Ascentiel Groupe

November 6, 2024

Cobepa has acquired a majority stake in Ascentiel Groupe, a French digital property & casualty insurance brokerage, in partnership with Ascentiel's management; Amundi Private Equity Funds took a minority stake. The sellers were IK Small Cap II (IK Partners), ISAI Gestion and Bertrand Liber (who reinvested); the deal closed on 19 December 2024 and Ascentiel will continue pursuing niche P&C and European expansion.

Buyers
Cobepa, Amundi Private Equity Funds, Ascentiel management team, Bertrand Liber
Targets
Ascentiel Groupe
Sellers
IK Small Cap II (IK Partners), ISAI Gestion, Bertrand Liber
Industry
Insurance
Location
Île-de-France, France
Transaction Type
Buyout

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