Largillière Finance team goes into partnership with Planète CSCA, the insurance broker syndicate, to offer specific support to its members in their transfer, acquisition and fundraising operations

PLANETE CSCA is broadening its range of services to its members by signing a partnership with Largillière Finance, a major player in advisory services for equity financing in France.

Paris, 17th january 2020

The number of transfer transactions of brokerage firms has increased for the past few years and this trend of growing to a critical size should continue under the effects of regulations, digital and the age pyramid of managers brokerage firms. Within the framework of its constant actions to offer its members services intended to facilitate the management of their professional activity, PLANETE CSCA sought a partner capable of delivering structured advice adapted to the size of each company.

PLANETE CSCA is pleased to reference Largillière Finance for its ability to offer a specific and exclusive offer to its members. Largillière Finance is particularly distinguished for high-end transactions up to € 30 million, according to the ranking made by Magazine Décideurs Leaders League in October 2019, which awards the mention “Leading”.

This partnership offers PLANETE CSCA members a negotiated rate in relation with the financial surface of each brokerage firm. Thus, the pricing structure of the partnership is directly based on the turnover of the companies, with great modularity. Depending on the objectives it pursues, a brokerage firm can seek the advice of Largillière Finance by signing a letter of commitment to have a memorandum of information produced, targeting the relevant counterparties, negotiating the best possible agreement terms in the exclusive interest of the client, and generally be accompanied until the complete realisation of the operation entrusted.

Beyond this crucial aspect for entrepreneurs, Largillière Finance also knew how to provide PLANETE CSCA with guarantees on the respect of a controlled schedule for operations, and on its ability to preserve the essential confidentiality specific to its business. At the heart of an ecosystem of experts (lawyers, tax and property advisers, etc.), the dedicated Largillière Finance team is structured to mobilize all the players necessary for the successful completion of operations.

Vice-President of PLANETE CSCA in charge of Communication, member services and partnerships, congrats the conclusion of this partnership:

« This membership service complements the range of offers that we have already put in place to secure and simplify the daily lives of managers and employees of insurance brokerage firms. On a subject as central as the transmission of their business or their portfolio, our professional organization had to be proactive, taking particular care to purpose an offer that was both specific to our businesses, and adapted to the size of every business. »

Nicolas Ibanez, Associate at Largillière Finance:

« We are delighted to become the privileged partner of PLANETE CSCA, with which we will be keen to develop close relationships to support its members in their sale, acquisition or fundraising projects. We will put all our technical expertise at the service of professionals who will contact us, in order to allow them to optimize the conditions of the operation, in a particularly dynamic market context. »

About PLANETE CSCA (https://www.planetecsca.fr/)

PLANETE CSCA is the only union representing insurance brokerage in France. With more than 2,100 members representing three-quarters of companies in the sector (in terms of turnover and headcount), PLANETE CSCA relies on its 9 regional and local colleges and its 6 categorical colleges to federate all types of practice brokerage in France.

About Largillière Finance (www.largilliere-finance.com)

Based in Paris, Brussels and Geneva, Largillière Finance is an independent consulting company specialized in assisting executives and shareholders of ETI and SMEs in their corporate finance transactions: corporate disposals and acquisitions, financing (capital and / or debt), financial engineering (valuation …) and financial strategy.

With more than 20 employees, a presence in 3 European countries and nearly 30 operations in 2019, Largillière Finance is ranked 1st small cap investment bank in France.