Private Equity

Ardian acquires majority stake in French insurance broker

Ardian has taken a majority stake in French insurance broker Finaxy for an undisclosed sum from Equistone Partners Europe.

Founded in 2009, Finaxy was acquired by Equistone in 2014, and has since become a top 10 insurance broker in France. Since inception, the company has completed 27 acquisitions in France, two of which took place this year.

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