M&A Deal Summary

April Acquires Expat & Co

On October 19, 2023, April acquired insurance company Expat & Co

Acquisition Highlights
  • This is April’s 1st transaction in the Insurance sector.
  • This is April’s 1st transaction in Belgium.

M&A Deal Summary

Date 2023-10-19
Target Expat & Co
Sector Insurance
Buyer(s) April
Deal Type Add-on Acquisition

Target

Expat & Co

Ternat, Belgium
Expat is an independent underwriter of insurance for expatriates in Belgium and offers a platform of solutions to support its customers made up of universities, individuals and companies, including multinationals based in several European countries. Expat was founded in 1996 and is based in Ternat Belgium.

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Buyer(S) 1

Buyer

April

Lyon, France

Category Company
Founded 1988
Sector Insurance
DESCRIPTION

April is a wholesale broker for consumer and SME insurance with a mid-sized consumer credit broker and several international subsidiaries. April was formed in 1998 and is based in Lyon, France.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-09 Axeria IARD

LYON Cedex, France

Axeria IARD is a French insurance company specializing in non-life insurance, present in this market for 27 years serving the brokerage network. Axeria IARD offers a range of simple, high-performance products that are resolutely adapted to the needs of professional clients and companies to cover their risks. Axeria IARD is based in LYON Cedex, France.

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