Investment Summary

KKR and Tikehau Capital Invest In +Simple

On March 10, 2022, private equity firm KKR and asset manager Tikehau Capital invested in insurance company +Simple

Investment Highlights
  • This is KKR’s 11th and Tikehau Capital’s 3rd transaction in the Insurance sector.
  • This is KKR’s 15th and Tikehau Capital’s 26th transaction in France.

Investment Summary

Date 2022-03-10
Target +Simple
Sector Insurance
Investor(s) KKR
Tikehau Capital
Deal Type Growth Capital

Target

+Simple

Marseille, France
+Simple provides self-employed professionals and SMEs with a digital insurance broker that simplifies the underwriting of business insurance. Its founding mission is to facilitate all insurance procedures for professionals by providing them with a one-stop shop, supported by its insurance partners. +Simple was founded in 2015 and is based in Marseille, France.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.


DEAL STATS #
Overall 424 of 499
Sector: Insurance M&A 11 of 15
Type: Growth Capital M&A Deals 72 of 81
Country: France M&A 15 of 17
Year: 2022 M&A 4 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Veresen Midstream

Calgary, Alberta, Canada

Veresen Midstream is an independent natural gas gathering and processing business in Western Canada. Veresen Midstream was founded in 2014 and is based in Calgary, Alberta.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-29 Starry

Boston, Massachusetts, United States

Starry is a manufacturer of Wi-Fi routers and offers wireless Internet service delivered via high-frequency millimeter wave technology. Starry was founded in 2014 and is based in Boston, Massachusetts.

Sell -
Investor

Tikehau Capital

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2004
PE ASSETS 7.8B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Tikehau Capital is a global alternative asset management firm with with a variety of investing strategies including private debt, real assets, private equity, and capital markets strategies. The Firm's private equity group looks to invest directly in companies, private equity funds, as well as minority co-investments with other partners. For direct investments, Tikehau sees to partner with management in companies generating €20 million to €1 billion in revenue. Tikehau Capital was formed in 2004 and is based in Paris, France.


DEAL STATS #
Overall 39 of 54
Sector: Insurance M&A 3 of 3
Type: Growth Capital M&A Deals 11 of 14
Country: France M&A 26 of 31
Year: 2022 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Assiteca

Milan, Italy

Assiteca is an independent broker. The Company provides insurance brokerage services to over 4,500 SMEs and intermediates approximately €700m1 in insurance premiums. Assiteca was founded in 1982 and is based in Milan, Italy.

Sell €209M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Neoness

Montreuil, France

Neoness is a fitness network offering high-quality infrastructure and attractive services at a fair price. Neoness provide large and spacious gyms, Precor equipment (one of the most renowned fitness equipment supplier), group classes with coaches under LesMills and Zumba licenses. Neoness was formed in 2007 and is based in Montreuil, France.

Sell -