Kereis Enters Exclusive Negotiations for Advent Acquisition
Deal News | May 28, 2025 | Bridgepoint
Advent has entered exclusive negotiations to acquire Kereis, a leading European multi-channel insurance brokerage firm, from Bridgepoint. Founded in 1991 and headquartered in Paris, Kereis has become France's largest insurance broker for housing protection insurance, managing over 17 million contracts in Western Europe, with over 1,700 employees across seven European countries. Under Bridgepoint's ownership since 2020, Kereis has doubled its revenues and transformed its tech platform. Advent, known for its expertise in financial services, will leverage its resources to support Kereis' expansion and leadership in the European market.
Sectors
- Insurance Brokerage
- Private Equity
- Financial Services
Geography
- France – Kereis is headquartered in Paris, and France is its largest market.
- Europe – Kereis operates across seven European countries, making this region relevant.
Industry
- Insurance Brokerage – The article is centered around Kereis, a leader in the multi-channel insurance brokerage industry.
- Private Equity – Both Advent and Bridgepoint are significant players in the private equity industry, which is crucial to this transaction.
- Financial Services – Advent's investment portfolio includes financial services, making this sector relevant to the article.
Financials
- Not disclosed – Terms of the potential transaction between Advent and Bridgepoint for the acquisition of Kereis.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kereis | Target company | Company | A European leader in multi-channel insurance brokerage, headquartered in Paris. |
| Bridgepoint | Selling Company | Company | A leading quoted private asset growth investor that owns Kereis. |
| Advent | Bidding Company | Company | A leading global private equity investor entering into negotiations to acquire Kereis. |
| Philippe Gravier | CEO of Kereis | Person | Chief Executive Officer of Kereis, managing the company's successful partnership and growth. |
| Benjamin Buerstedde | Partner at Advent | Person | Partner at Advent overseeing the acquisition and future development of Kereis. |
| Hadrien de Bardies | Director at Advent | Person | Director at Advent, contributing to the strategic expansion plan for Kereis. |
| Vincent-Gael Baudet | Partner and Head of Bridgepoint Europe in France | Person | Oversees Bridgepoint's investments in France, including the sale of Kereis. |
| Carl de Vergie | Partner at Bridgepoint | Person | Partner at Bridgepoint responsible for enhancing Kereis' growth and transformation. |