King & Wood Mallesons SJ Berwin advised Equistone, one of Europe’s leading mid-market private equity investors, on the acquisition of a majority stake in Finaxy Group (Finaxy), alongside the Group’s Chairman, Erick Berville.

Founded in 2008, Finaxy is a multi-specialist insurance broker. The company employs about 170 associates across 19 subsidiaries and a client base of 8,000 companies and 55,000 individuals. Finaxy generates an annual turnover of €300 million (premiums collected).

The King & Wood Mallesons SJ Berwin team was composed of Corporate partner Thomas Maitrejean and associates Benjamin Garçon and Rémi Pagès with Tax partner Raphaël Béra and associate Antoine Le Touzé.