As part of the transaction, Groupe CARAC acquires a 70% controlling stake in Groupe Astoria. Naxicap Partners and Astoria’s management team will remain shareholders, underscoring their continued commitment to the group’s long-term development and strategic vision.

Founded in 2002, Groupe Astoria is a leading independent wealth management advisory group in France, advising on approximately €14 billion of assets. The group ranks as the second-largest independent wealth advisory platform in the country, supported by a strong nationwide footprint, a client-centric approach and a deeply rooted entrepreneurial culture.

Through this transaction, Groupe Astoria enters into a long-term partnership with Groupe CARAC, providing the group with solid industrial backing while preserving its operational autonomy and entrepreneurial culture.

Together, Groupe Astoria and Groupe CARAC will manage approximately €35 billion in assets, bringing together complementary expertise in wealth management advisory and long-term savings solutions. This partnership gives rise to a unique player in the French market, offering a comprehensive value proposition across the entire wealth management chain, while remaining firmly focused on serving clients’ long-term interests.