Essling Expansion in exclusive negotiation with SPVIE Assurances
Paris, February 12, 2020
Essling Expansion, Essling Capital’s Small & Lower-Mid Cap fund, has entered into an exclusive negotiation with SPVIE Assurances, a multi-channel insurance brokerage group.
Since 2015, SPVIE Assurances has invested heavily to develop a differentiating digital offering that facilitates insurance brokers’ commercial path and customer experience. Thanks to its efforts, the company has experienced exponential growth in recent years.
The arrival of Essling Expansion will provide SPVIE Assurances with new resources to support its ambitious development plan, strengthen the group’s organisation and seize significant external growth opportunities.
“This transaction gives us the opportunity to welcome a solid and ambitious long-term partner,” said Jérémy Sebag, Chairman and Co-founder. “We are very pleased to welcome Essling Expansion, which will help us accelerate our development strategy,” added Cédric Pironneau, CEO and Co-founder.
“We are delighted to support a dynamic and talented management team that has succeeded in establishing SPVIE Assurances as a key player in its market,” said Rémi Matuchansky, Co-Manager of Essling Expansion.
“We share the same ambition and vision as the managers of SPVIE Assurances, which are at the core of Essling Expansion’ strategy whose investment focus is on strong growth companies in the digital and healthcare sectors,” said Bertrand Fesneau, Co-Manager of Essling Expansion and Charles Bourgain, Associate.
With this operation, the Group will benefit from a funding envelope of more than 70 million euros. The transaction is expected to be completed by mid-March.
About Essling Expansion – Essling Expansion is a Small & Lower-Mid Cap fund dedicated to high-growth companies in the digital, healthcare and business services sectors. It is managed by Essling Capital, an independent investment firm specializing in alternative assets. The company manages and advises more than €1.3 billion in France, in Europe and abroad. Essling Capital is certified by the AMF.
