Clearwater International France advises Tikehau Capital on the acquisition of a stake in Filiassur

Clearwater International France has advised Tikehau Capital, on the acquisition of a stake in Filiassur to support the company’s expansion and growth in Europe. Tikehau Capital is investing €30m in Filiassur, France’s leading direct distributor of personal insurance.

Filiassur was founded in 2007. Following a period of rapid growth in France, driven by its expertise in designing and marketing innovative niche insurance solutions, it now has 300,000 policyholders. Filiassur operates in a market with a large untapped potential: ageing populations and the progressive roll-back of social security systems mean that demand for tailored personal insurance solutions now far outstrips supply.

Tikehau Capital’s investment will provide Filiassur with a fresh impetus as it begins a new phase in its development, focusing on both organic and external growth in France and Europe. Financing for the transaction is provided by Five Arrows by way of a unitranche.