Ascora welcomes IK Partners to its capital. The IK Small Cap IV fund has just acquired a majority stake in Ascora. The transaction was structured as a Management Buy-Out (MBO) aimed at organizing the succession of its founder.

Founded in 1989 by Stéphane Henry, Ascora is one of the top 20 direct insurance brokers in France, offering end-to-end services from policy underwriting to claims management. Its expertise is organised across three main areas: Real Estate; Property & Casualty; and Health & Protection.

Largely operating in the Île-de-France region, Ascora serves over 12,000 clients. Grounded in technical depth and a people-centric culture built on proximity, trust and care, the Group has established a strong reputation for delivering highly personalised advice tailored to individual needs.

Ascora has successfully acquired 13 brokers to date and intends to continue executing a targeted buy-and-build strategy, leveraging IK’s Insurance Brokerage expertise built through its work with Yellow Hive (Netherlands), Ascentiel Group (France) and Seventeen Group (UK). Ascora also aims to strengthen its position as a leading insurance brokerage platform by accelerating growth in its core Real Estate and P&C segments, supported by investments in its sales team and digital tools. To ensure future scalability and effectiveness, it will look to further professionalise its central functions and strengthen its organisational structure.