Essling Expansion, Essling Capital's Small & Lower-Mid Cap fund, enters exclusive negotiations with SPVIE Assurances, multi-channel insurance brokerage group.

Since 2015, SPVIE Assurances has invested to develop a differentiating digital offer facilitating the brokers' business journey and customer experience. Thanks to its efforts, the company has established exponential growth for some years.

The arrival of Essling Expansion will provide SPVIE Assurances with new resources to support its ambitious development policy, strengthening the group's organization and seizing opportunities for significant external growth.

"This transaction allows us to benefit from a solid and ambitious long-term partner" declares Jérémy Sebag, President and Co-founder. "We are very pleased to welcome Essling Expansion who will offer the opportunity to accelerate our development strategy "adds Cédric Pironneau, Managing Director and Co-founder.

The arrival of Essling Expansion will provide SPVIE Assurances with new resources to support its ambitious development policy, strengthening the group's organization and seizing opportunities for significant external growth.

"This transaction allows us to benefit from a solid and ambitious long-term partner" declares Jérémy Sebag, President and Co-founder. "We are very pleased to welcome Essling Expansion who will offer the opportunity to accelerate our development strategy "adds Cédric Pironneau, Managing Director and Co-founder.

"We share the same ambition and the same vision as the leaders of SPVIE Insurance who are at the heart the strategy of the Essling Expansion fund, whose focus is strong growth in the digital and health, "say Bertrand Fesneau, Co-manager of Essling Expansion and Charles Bourgain, Business Manager.

With this transaction, the Group has acquired a funding envelope of more than 70 million euros.

The transaction is expected to be completed by mid-March.