Turnover: 188 million EUR (2022)

Country: France

  • Specialist in wealth management, brokerage and asset management (7 billion in assets under management)
  • 3 subsidiaries: Predictis, Flornoy Ferri, Capfinance
  • 1,200 employees
  • 2023 sales expected to exceed €260 million

News

Premium becomes a savings giant 31/07/2023

  • Blackstone, the world's leading private equity firm, will invest 400 million euros in Premium, including 300 million in debt. Following the transaction, Blackstone is expected to hold around 10% of Premium's share capital.
  • The Barings fund will contribute 300 million euros of debt to Premium.
  • After the double operation, Premium will be valued at 1.15 billion euros, a record amount for an independent asset management group in France. Premium's valuation in 2021 was 290 million euros.
  • Premium manages 8.5 billion euros in savings assets.
  • Premium's sales are expected to rise from 30 million euros in 2018 to 263 million euros in 2023
  • Premium employs 275 people and has 1,100 agents.
  • Premium plans to work with 5,000 independent agents in five years' time.
  • The company is looking to expand into Italy, Spain and Belgium.
  • Some forty new acquisitions are being considered for Premium in France.

Insurance: Premium broker can't find a buyer to match its expectations 02/05/2023

  • Valuation sought by Premium for its future LBO: over 1 billion euros.
  • Valuation at the time of the last financing round led by Eurazeo: 290 million euros.
  • Sellers' target valuation: over 15 times Ebitda 2022.
  • Premium sales to end 2022: 188 million euros, up 80% year-on-year.
  • Assets under management in life insurance, retirement savings plans (PER) and other investment products: up from 6.4 billion euros to over 8 billion euros in twelve months.

Premium, a new candidate for a record LBO in the insurance brokerage sector 30/11/2022

  • Sales doubled in one year and should reach 190 million euros by year-end
  • The group will have 10,000 agents by 2022, with a target of 15,000 by 2023
  • 72% recurring commissions
  • Targets 250 million euros in revenues and 100 million in Ebitda next year in 2023

Financial Data

DUNS: 429317118

Legal Name: GROUPE PREMIUM

Address: 14 RUE DE LA FERME , 92100 BOULOGNE-BILLANCOURT

Number of employees: 0 salarié (2022)

Capital: 3 613 762 EUR


Financial Data:

Year 2020 2019 2018 2017 2016 2015
Turnover 267 699 234 670 152 408 1 618 830 1 629 429 1 592 705
Gross margin (€) 271 701 619 424 176 554 1 652 460 1 666 175 1 593 486
EBITDA (€) -339 627 -668 561 -107 497 -463 903 -561 388 -493 179
Operating profit (€) -344 817 -670 043 -107 877 -474 288 -606 578 -544 470
Net profit (€) 2 770 841 1 029 276 6 291 753 -138 383 2 911 251 -1 212 355
Turnover growth rate (%) 14,1 54 -89 -0,7 2,3 -
Ebitda margin rate (%) -126,9 -284,9 -70,5 -28,7 -34,5 -31
Operating margin rate (%) -128,8 -285,5 -70,8 -29,3 -37,2 -34,2
Working Capital (turnover days) 973,9 5 233,1 8 548,6 946,9 -20,9 -18,8
Working Capital requirements (turnover days) -51,2 -612,7 -203,4 -12,3 -25 -24,7
Net margin (%) 1 035,1 438,6 4 128,2 -8,5 178,7 -76,1
Added value / Turnover (%) -34,9 -169,2 11,1 76,5 70,8 80,9
Wages and social charges (€) 222 564 247 881 120 031 1 595 183 1 631 740 1 708 033
Salaries / Turnover (%) 83,1 105,6 78,8 98,5 100,1 107,2

Company Managers:

Position First Name Last Name Age Linkedin
Commissaire aux comptes titulaire Stéphane MELLOUL 56
Commissaire aux comptes suppléant Marc BOTBOL 60

Studies mentioning this company

The insurance brokerage market - France

Other companies mentioned:

  • Gras Savoye Willis Tower Watson France
  • Verspieren
  • SPB
  • Assurpeople
  • Indexia Group - ex SFAM
  • April group
  • Henner Groupe
  • Entoria
  • Alptis
  • Acheel
  • Just
  • Wakam
  • Diot Siaci
  • Premium Groupe
  • Saretec Groupe
  • Verlingue
  • Vilavi Groupe (ex Assu 2000)
  • Fibus (ex Chateaudun Credit)
  • Prevoir Groupe
  • Adelaide Assurance
  • Antinea Courtage
  • Artemis Courtage
  • Abeille Assurance (Aéma groupe)
  • Descartes Underwriting Insurance
  • Shift Technology
  • Satec Groupe
  • Roole
  • Alexis Assurances
  • Wefox
  • SPB Groupe - AVI
  • Continuity Assurance
The wealth management market - France

Other companies mentioned:

  • Amundi
  • HSBC Private Bank
  • Société Générale Private Banking
  • Natixis Wealth Management
  • Milleis Banque
  • Pictet
  • Primonial
  • Astoria Groupe
  • Cyrus Conseil
  • Compagnie Financière Richelieu
  • Ethenea
  • Cholet-Dupont
  • Magnacarta
  • Althos-Patrimoine
  • K&P Finance
  • Experts en Patrimoine
  • Lonlay & Associés
  • Nalo
  • Yomoni
  • Grisbee
  • Finary
  • Epsor
  • Premium Groupe
  • Ageas France
  • BPI France
  • Scala Patrimoine
  • Shares
  • Thesaurus
  • Crystal Groupe
  • LFPI
  • Mandarine gestion
  • Oaktree Capital Management
  • Rothschild Martin Maurel
  • Lazard Frères Gestion
  • Meeschaert (LFPI Groupe)
  • Abeille Assurance (Aéma groupe)
  • Turenne Groupe
  • Siparex
  • Lucya
  • Oddo BHF
  • Equance
  • Patrimmofi

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