KKR Group is to become the majority shareholder in the APRIL group, one of Europe’s leading insurance brokerages which was previously backed by CVC Capital Partners.
KKR Group is to become the majority shareholder in the APRIL group, one of Europe’s leading insurance brokerages which was previously backed by CVC Capital Partners., in a deal reportedly valued at €2.3 billion.
After refocusing its activities around insurance distribution and carrying out an in-depth transformation of its business model since its acquisition by CVC in 2019, the APRIL Group has now signed a long-term strategic partnership with KKR.
By teaming up with KKR, the firm will look to accelerate its development and digitalisation in the health and personal protection, niche property and casualty, international health insurance and wealth management markets in France and internationally.
