Santiane

Management advisory

Acquisition of Groupe Santiane by Latour Capital

Finance & Insurance
N.D.
France FR

Scope of intervention

Sycomore Corporate Finance acted as the exclusive financial advisor of Groupe Santiane’s Management team on the transaction

Date of closing

December 2020
In December 2020, Latour Capital, an independent French private equity company, announced the signing of the acquisition of Groupe Santiane, an online insurance broker specializing in healthcare and personal insurances. Groupe Santiane’s Management team reinvested in the Company as part of the transaction.

 

Rationale

Latour Capital will support Groupe Santiane’s Management team in the execution of an ambitious development plan, built upon several strategic projects:

  • Further improve the user experience for clients and distribution partners
  • Build a strong brand in order to further increase market share
  • Team-up with insurance partners to create new products that offer the best guarantee / price ratio on the market
  • Invest significantly in human resources, which is the main asset of the Company

Groupe Santiane at a glance

Founded in 2007, Groupe Santiane generates more than €70m in revenues and employs nearly 400 employees in 4 locations (Nice, Paris, Lille and Casablanca).

Built on strong entrepreneurial and human values, the Company has been able to grow profitably over the years thanks to its two activities:

  • Santiane: A leader in online distribution of complementary health, personal and funeral insurances for retail clients with nearly 60,000 new contracts per year
  • Néoliane: A leading player in wholesale brokerage for health insurance with a network of more than 500 independent distributors and a growth of 35% over the past two years

Overall, the Company covers more than 400,000 customers.

Latour Capital at a glance

Latour Capital is an independent French private equity firm with an entrepreneurial culture and a strong operational experience. With over €1.5bn assets under management and a team of c.15 investment professionals, Latour Capital is an active shareholder, strongly involved in its portfolio companies alongside management teams. Latour Capital mainly invests in companies with strong growth potential both in France and abroad.

 

Santiane

See website

Transaction contact

Pierre-Arnaud de Lacharrière

See Press Release