Union Industrielle was advised for the acquisition of AGB Courtage
Paris (France), on September 13, 2022,
FDC advised Union Industrielle on the acquisition of AGB Courtage.
Founded 30 years ago by a Lyon-based industrial, Union Industrielle is an insurance brokerage and risk management consulting firm dedicated to companies of all sizes. Composed of 25 employees, Union Industrielle has been managed since 2017 by Paul-Emile Leroy, Chairman of the board.
AGB is a brokerage company of 10 employees based in Grenoble, specializing in business risks and with strong specialties in the fields of real estate and construction. Romain Passot has been the CEO since 2011.
With this acquisition Union Industrielle is pursuing its growth strategy based on:
- strengthening its regional leadership in the business risk market,
- asserting the added value of a sustainable and independent insurance brokerage group, based on a historical family shareholding,
- enriching offers by providing additional expertise on corporate, real estate and construction risk,
- maintaining a customer relationship based on proximity, attentiveness and responsiveness.
« We are very pleased to welcome Romain Passot and his team, and to spur a new impulse for AGB Courtage. Sharing similar professional and human values, as well as a common desire to contribute to the growth of a leading broker in business risks, have been key for the success of the operation » declares Paul-Emile, Chairman of the board of Union Industrielle.
« After 12 years of steady growth, teaming with Union Industrielle will enable us to deepen our position in the Alpes and to benefit from the strength and know-how of an exemplary broker for corporate targets. The vision of our business and its evolution, the notions of independence and family ownership, the attachment to proximity and the quality of customer relations are all elements that convinced us that this merger project was a decisive step in the development of AGB Courtage. This will be of great benefit to the firm’s employees and clients. » according to Romain Passot, CEO of AGB Courtage
The Financière de Courcelles FIG team is pleased to have supported Union Industrielle in this acquisition and thus reasserts its strong momentum in the financial services and insurance brokerage sector.
STAKEHOLDER’S LIST :
Buy-side :
- Buyer: Union Industrielle (Paul-Emile Leroy, Bruno Lamy)
- M&A advisor: Financière de Courcelles (Bertrand de Saint-Remy, Dominique Guérit, Jacques Schwab, Marine Ravier), Exco Finance et Transactions (Jacques Schwab)
- Legal advisor: Pichard & Associés (Hervé Pichard, Marlène Bartholomot, Adrien Hamiche, Sonia Barge)
- Financial due diligence : RSM (Christophe Demeure)
Sell-side :
- Seller: AGB Courtage (Romain Passot)
- Finance advisor: Segaud et Associés (Frédéric Bréjon, Albine Ortega)
- Legal advisor: Lonjon & Associé (Sophie Laheurte, Laetitia Poujaud)
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