Investment Summary

Maghrebia Invests In GAT Assurances

On December 20, 2022, Maghrebia invested in insurance company GAT Assurances from Africinvest

Investment Highlights
  • This is Maghrebia’s 1st transaction in the Insurance sector.
  • This is Maghrebia’s 1st transaction in Tunisia.

Investment Summary

Date 2022-12-20
Target GAT Assurances
Sector Insurance
Investor(s) Maghrebia
Sellers(s) Africinvest
Deal Type Stake Purchase

Target

GAT Assurances

Tunis, Tunisia
GAT Assurances offers online services that allow in a few clicks to generate an online quote and immediately know the price of insurance. GAT Assurances was founded in 1975 and is based in Tunis, Tunisia.

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Investor(S) 1

Investor

Maghrebia

Tunis, Tunisia

Category Company
Founded 1973
Sector Insurance
DESCRIPTION

Maghrebia provides insurance and reinsurance services. Maghrebia was founded in 1973 and is based in Tunis, Tunisia.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Tunisia M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Africinvest

Tunis, Tunisia

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1994
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Africinvest is a private equity firm focused on growth investments in African companies. The Firm generally targets minority investments in small to medium-sized companies, but Africinvest will consider select majority situations. Africinvest does not have any sector preferences and looks to hold for 4 to 6 years. Africinvest was formed in 1994 and is headquartered in Tunis, Tunisia.


DEAL STATS #
Overall 10 of 14
Sector: Insurance M&A 2 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Tunisia M&A 2 of 2
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-16 Altereo

Venelles, France

Altereo is a group whose activities are water and environmental engineering, consulting in the management of public services, sustainable development of the city and the territory and the publication of geographic information software. Altereo was founded in 1989 and is based in Venelles, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 InstaDeep

London, United Kingdom

InstaDeep is an Artificial Intelligence company that makes use of AI to help businesses make complex decisions, better design their products and solve problems that are not easily solved with traditional approaches. InstaDeep was founded in 2014 and is based in London, United Kingdom.

Sell £362M