M&A Deal Summary

CA Indosuez Wealth Management Acquires Degroof Petercam

On August 4, 2023, CA Indosuez Wealth Management acquired financial services company Degroof Petercam from Cobepa

Acquisition Highlights
  • This is CA Indosuez Wealth Management’s 1st transaction in the Financial Services sector.
  • This is CA Indosuez Wealth Management’s 1st transaction in Belgium.

M&A Deal Summary

Date 2023-08-04
Target Degroof Petercam
Sector Financial Services
Buyer(s) CA Indosuez Wealth Management
Sellers(s) Cobepa
Deal Type Add-on Acquisition

Target

Degroof Petercam

Brussels, Belgium
Degroof Petercam is an independent private bank in Belgium. The group has attractive positions in Belgium, Luxembourg and France in private banking, and internationally in asset management, investment banking and asset services. Degroof Petercam was founded in 1871 and is based in Brussels, Belgium.

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Buyer(S) 1

Buyer

CA Indosuez Wealth Management

Paris, France

Category Company
Sector Financial Services
DESCRIPTION

CA Indosuez Wealth Management is the global wealth management brand of the Credit Agricole group. It supports major private clients, families, entrepreneurs and professional investors in managing their private and professional assets. CA Indosuez Wealth Management is based in Paris, France.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services 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

Seller(S) 1

SELLER

Cobepa

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1957
PE ASSETS 4.7B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Cobepa is a global investment group focused on growth capital investments (acquiring significant minority stakes) and leveraged buyout transactions. Cobepa invests in established companies with business models, sustainable market positions, and strong management teams. Sectors of interest include transportation, industrial, retail, financial services, and business services. The Firm generally pursues opportunities throughout Europe and North America, however Cobepa also targets opportunities in Asia and South America. Cobepa was originally established in 1957 and is headquartered in Brussels, Belgium


DEAL STATS #
Overall 21 of 22
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Belgium M&A 4 of 4
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 Scalian

Labege, France

Scalian is an engineering consulting firm that provides industrial project management services for issues pertaining to supply chain (costs, quality, deadlines, performance), the architecture and development of embedded digital systems and information system applications, big data, and AI. It also addresses project optimization and organizational performance issues, as well as provides digital transformation support for industry and service sector leaders. Scalian was founded in 1989 and is based in Labege, France.

Sell €965M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-29 SmartSD

Breda, Netherlands

SmartSD is a distributor of products and services in the area of video surveillance, burglary and fire protection and access control for the professional market. SmartSD was established in 2008 and is based in Breda, Netherlands.

Buy -