Eurazeo: about to acquire Groupe Premium
(CercleFinance.com) - Through its subsidiary Eurazeo PME, Eurazeo has announced the signing of an exclusive agreement by which it will invest, as a majority shareholder, in Groupe Premium, alongside current shareholders who have chosen to reinvest.
Groupe Premium is an independent French broker specialising in life insurance and retirement savings solutions for the Mass Affluent segment, having reported 2020 revenues of 66.7 million euros, up 28.5%.
The deal's completion would value the company at 290 million euros. Eurazeo PME's investment is expected to be around 100 million euros, depending on the level of reinvestment by current shareholders.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
Groupe Premium is an independent French broker specialising in life insurance and retirement savings solutions for the Mass Affluent segment, having reported 2020 revenues of 66.7 million euros, up 28.5%.
The deal's completion would value the company at 290 million euros. Eurazeo PME's investment is expected to be around 100 million euros, depending on the level of reinvestment by current shareholders.
Copyright (c) 2021 CercleFinance.com. All rights reserved.