Creation of Xplorassur by Finaxy Group
Largillière Finance advised Finaxy Group on the creation of Xplorassur
Investment bank Largillière Finance has advised Finaxy Group, France’s 10th largest insurance broker, on the creation of Xplorassur.
Founded in 2009 by Erick Berville, Finaxy Group has established itself in less than 15 years as one of France’s leading insurance brokers, thanks to solid organic growth and a sustained acquisitions policy.
Investment bank Largillière Finance advised Finaxy Group on the acquisition of Présence Assistance Tourisme. By combining this specialist travel insurance broker with Assurinco Voyage and Libbela, acquired at the same time, Finaxy Group has created Xplorassur, Europe’s number 1 in travel insurance and assistance, with sales of over €20 million and more than 5 million customers.
With this new scope, Finaxy Group will pass the €100 million mark in commissions and €700 million in premiums collected, consolidating its position as a multi-specialist insurance broker in high value-added niche markets.
Largillière Finance is very active in the financial services sector, particularly in insurance, where it has supported nearly twenty deals in recent years. Thanks to its expertise in the insurance sector, the investment bank is one of Finaxy Group’s regular partners – having already advised this group, backed by Ardian since 2020, in its acquisition of Arc Assurances.
2023
Largillière Finance Experts
- Shamir Razavhoussen
Counterpart
We are delighted to have once again supported Finaxy Group in this structuring operation in the travel insurance sector. The insurance brokerage sector continues to consolidate strongly. The travel insurance segment is structurally growing, and should reach $3.4 billion in premiums in France by 2026. Xplorassur, backed by Finaxy Group, is positioned as the No. 1 in its sector.
Shamir Razavhoussen
Managing Partner at Largillière Finance
Largillière Finance, the independent M&A advisor for growth companies
As an independent specialist in mid-cap transactions, Largillière Finance advises executives and shareholders on their capital transactions, including disposals, acquisitions, LBOs, financing solutions (equity and/or debt), financial engineering (valuation, etc.) and financial strategy advisory.
With more than 45 investment bankers and professionals, a strong presence in Paris, across the French regions (Bordeaux, Lyon, Nantes) and internationally, Largillière Finance has completed nearly 400 transactions and established itself as a leading market player.
Largillière Finance is a member of REACH Cross-Border M&A, a global M&A advisory network specialized in the mid-market segment, bringing together more than 400 investment bankers across major financial centers in over 30 countries.
