ACS SOLUTIONS lbo with INDIGO CAPITAL

The management of ACS Solutions relied on Indigo Capital and a pool of two banks to reorganize its capital and accelerate its growth

LBO 2023, October

Insurance & Fintech

“The creation of the ACS-EFEKTIV Group reflects a growing need among insurers for outsourcing to streamline the value chain for specialty risks. . Anne Marie and her team have been real forerunners in this dynamic, which we are going to pursue and expand with the support of our banks and Indigo Capital. While our primary focus is on organic growth, we remain open to buy out transactions from existing players (carve-outs) to complete our offering to insurers in the Construction and Real Estate sector."

Pierre Bustamante, CEO of the ACS-EFEKTIV Group and new Managing Director of ACS Solutions

Founded as an intercompany consortium (GIE) by a group of insurers, ACS was taken over in 2011 by Anne-Marie Ponthier and 12 managers with the support of strategic shareholders (Groupe Monceau, SwissLife, MMA and Saretec Developpement), the company ACS Solutions became in France a well-established B2B provider of outsourcing services (Third Party Administrator-TPA) focusing on the management of construction damage claim proceeding.

Since its creation, the company doubled its turnover, with regular organic growth.

Following a meeting between Anne-Marie Ponthier and Pierre Bustamante, the two managers decided to launch a new phase of ACS's growth with a long-term transition period. Pierre has more than 25 years of experience in insurance; he has worked both in insurance companies and as a service provider for insurers, mutual societies, and major brokers. Pierre co-founded and developed the international consultancy CH&Co (€30M turnover, 150 employees) for over 10 years.

As part of the new ACS-EFEKTIV group, the flagship ACS Solutions will accelerate its development of Claims Management services and Underwriting/Policy management services for Construction risks by strengthening both its teams and investing in digital to guarantee its current and future customers, the best possible quality of service.

In addition, an extension of for the business to cover drought claims (Cat Nat) is currently being developed, as along with technical support, transformation and insurance training services, the latter provided through a QUALIOPI-labelled structure. .

Following a competitive process led by Cambon Partners based on demanding specifications, Indigo Capital was able to offer the best financing solution, enabling the two managers and more than 40 team members to hold a large majority of the capital. Saretec Developpement and Groupe Monceau are selling their respective stakes. The insurer SwissLife remains a shareholder.