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Insurance: broker April ready to be sold for more than 2 billion euros

Written November 9, 2022, 6:15 p.mUpdated November 9, 2022, at 18.24.

Under-the-radar negotiations around insurance broker April. In a tense context for mergers and acquisitions, the private equity fund CVC is actively discussing with several funds to sell its shares in the group of more than 540 million euros in revenue, according to our information.

Rumors had already been swirling for months about a formal auction. But CVC favored a more discreet route given the market environment. Two parallel options are being explored, from concurring sources: the transfer of control to funds or a ticket for about a third of APRIL’s capital to one of its own historic investors, such as Singapore’s GIC.

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