One year afterthe acquisition of AFI Assurances, Active Assurances, the specialist digital insurance broker, is pursuing its development strategy and announces the acquisition of the healthcare insurance portfolio of Cabinet WILHELM SA. This transaction enables the Group to accelerate its development in the healthcare market.
Cabinet WILHELM is a French broker based in Lons (Southwestern France), specialised in the digital sellingof health, accident and life insurance products to B2C customers. The Company was created and managed by its founder, Gilbert Wilhelm, and developed with the support of its main shareholder, the Swiss Life Group. The firm was a pioneer in the distribution of health insurance policiesvia the internet and quickly built up a strong reputation and recognized know-how in this field.
With this operation, Frédéric Bacmann, Chief Executive Officer and founder of AFI Assurances, consolidates the Group’s healthcare portfolio by exceeding 35,000 policies in its portfolio. This operation is financed byequity from Active Assurances,backed by Activa Capital, BPIfrance and Idinvest Partners.
This operation underlines once more Activa Capital’s ability to support entrepreurial managers in the transformation of growing SMEs and the structuring of external growth operations.
Thomas Riottot, Co-founder of Active Assurances Groupe,declared: «We are delighted with this operation, which will strengthen AFI Assurances’ development in its market. We remain on the lookout for other build-ups operationsthat will enable us to accelerate our develpment. »
Frédéric Bacmann, Founding Director of AFI Assurances,stated: «With this operation, we are integrating new sales staff motivated by the Group’s development project and by our know-how in the distance selling of health insurance policies. »
Participants
Buyers
Active Assurances Groupe :Didier Naccache, Thomas Riottot, Denis Salmoiraghi, Frédéric Bacmann, Nolwenn OrealActiva Capital : Alexandre Masson, David Quatrepoint, Timothée HéronLawyers: Jean-Baptiste LeJariel–FORTEM Avocats
Vendors
Gilbert Wilhelm, FounderLawyers: Xavier Perinne–AFFINA Legal