Natixis Partners advised Advent International and Kereis on the acquisition of Santiane

Natixis Partners advised Advent International (majority shareholder) and Kereis on the acquisition of Santiane, a leading player in wholesale brokerage specializing in the distribution of health and protection insurance solutions.

Founded in 2006, Santiane is a French, digital-native health and protection insurance broker, operating through a model that combines direct distribution via Santiane.fr and wholesale brokerage via Néoliane. With more than 6,000 partner brokers and approximately 200,000 new policies handled each year, the group currently employs around 700 people and generates c.€130 million in revenue.

This transaction creates a leading European multi-specialist platform and the second-largest wholesale insurance broker in France. The combined group will cover all key segments of insurance for individuals, serving nearly 20 million clients, employing more than 2,000 people and benefiting from a strengthened presence across seven European countries.

The transaction also aims to strengthen the group’s omnichannel distribution strategy by combining the complementary expertise of wholesale brokerage and direct distribution. It is also expected to accelerate the group’s digital transformation, particularly in the field of artificial intelligence, through increased investments in technologies reshaping insurance usage, while further enhancing the range of solutions offered to clients and partners.