The management company Ardian joins the American fund TA Associates in the capital of the French insurance broker Odealim, which specializes in the real estate market, it announced on Wednesday June 1.
This equal investment between the two main shareholders "will allow the company to move on to the next phase of its development by creating an integrated leader in the real estate segment", specifies Ardian in a press release.
Odealim, ex-AssurCopro, achieves more than 160 million euros in turnover, again according to its new shareholder.
The amount invested has not been disclosed but it is in the "low range" of the Ardian Buyout team's investment policy, with tickets between 180 million and 700 million euros.
TA Associates has been a shareholder of Odealim since 2018 and the buyout of Eurazeo PME shares. The management team and the French fund Raise are also present in the capital.
Ardian also owns a minority stake in Diot-Siaci, a brokerage giant born from the merger at the end of last year of Siaci Saint Honoré and Diot.
The French management company presents itself as one of the world leaders in private investment with 130 billion dollars managed or advised in Europe, America and Asia.
Selection of products
To read also
-
Adopt an office serving sustainable buildings: reuse of sound booths from the Olympic village
-
Petrofac worries investors about its debt and unwinds in London
-
Deskeo signs a new building in Neuilly-sur-Seine at 145 Avenue Charles de Gaulle
-
Cedeo partners with Cycle Up to offer reconditioned sanitary products
-
Urban and Environmental Change: a new look from a collective of architects on the city and its heritage entities
-
Bouygues Immobilier becomes the first developer to develop all of its projects in 100% BIM
-
Kering buys luxury building in Milan for 1,3 billion euros
-
Nexity announces the sale of its personal services division for 440 million euros
Popular News
-
For 79% of French people, renewable energies are essential for the energy performance of homes
-
Is the investment in stone going against the wall?
-
The mortgage rate fell in February, for the first time in 1 years
-
Building and real estate: a sector plagued by crises but whose ecological transition is underway
