FMA Group sold to Synex Performance d'affaires

One of France's leading independent multi-specialist brokers enters into a strategic agreement with the Canadian Synex to accelerate its pan-European expansion

M & A sell side 2026, March

Financial Services

“First of all, I would like to thank all the Group’s teams for their unwavering commitment and dedication in making FMA Group a recognized and respected player in the French insurance brokerage market. I would also like to thank 21 Invest, and in particular Dorothée Chatain and Stéphane Perriquet, for their support over the past few years. With their backing, we have been able to grow our business and complete strategic acquisitions that have strengthened our model.With the support of Synex Business Performance, FMA Group will pursue a pan-European development strategy, building on our existing partnerships while securing new ones.”

Ludovic Dumont, President of FMA Group

After several years of strong growth, both organic and external, FMA Group has established itself as a leading brokerage player in France, particularly in mobility and personal insurance. In 2025, the Group, which celebrated its 30th anniversary, generated nearly €45 million in revenue with 200 employees.

Following a competitive process, Synex becomes the majority shareholder of FMA Group and will support it in this new strategic phase. This transaction marks its first establishment in Europe, which will serve as a base for its European expansion.

Synex, a leading insurance brokerage group in Canada (in property & casualty and group insurance) with $1.3 billion in premiums placed, is a consolidator whose objective is to invest in leading brokerage firms to build a strong and independent group. More than 20 acquisitions have been completed over the past ten years.

Ludovic Dumont, President of FMA Group, will remain strongly committed as a shareholder and will continue in his role, leading the Group’s strategic development going forward.