Santiane lbo with Latour Capital

Latour Capital acquires Santiane

Latour Capital becomes the majority shareholder of the Santiane Group alongside management to strengthen its capital.

BlackFin Capital Partners, which has been the reference shareholder since 2015, is divesting all its shares.

Founded in 2007, Santiane has experienced almost uninterrupted growth since its inception. The company now has a turnover of more than 70 million euros and has nearly 400 employees spread over 4 offices (Nice, Paris, Lille and Casablanca).

Built around strong entrepreneurial and human values, the Group has grown profitably over the years through its two activities:

- Santiane : the remote sale of health supplements, pension plans and funeral insurance for individuals. Santiane is now the leader in the advice and distribution of remote insurance, all products combined, with nearly 60,000 new contracts per year.

- Neoliane : the wholesale broker and its network of more than 500 independent distributors partners. With a 35% growth over the last two years, Neoliane is now one of the key players in health insurance.

Santiane Group covers more than 400,000 customers.

With the support of Latour Capital, Santiane's management will be able to write a new page of the Group's ambitious growth project, around several strategic axes:

- improving the customer experience in management businesses for clients and broker partners.

- building a strong brand for Santiane to emerge in a competitive market and take market share from historical players.

- the building of products, in collaboration with insurers partners, with the best guaranteed relationship to market price, replicating in other areas the advantages of the model that has focused the group on health;

- a strong investment in human resources, which is the strength of the company

This project will require investments that can be internal and external. The stated objective of this project is to reach 100 million euros in sales by 2023.