Irbis Group welcomes IK Partners to its capital

Joffe & Associés (Thomas Saltiel, Aymeric Dégremont, Camille Malbezin, Clémence Bressolin, Virginie Davion and Clément Peillet) advises the Irbis group, a life insurance specialist, in a primary LBO alongside IK Partners as minority shareholder, Nextage AM and Matignon Investissement et Gestion, the historical shareholders.

The Irbis Finance group (Linxea and Irbis solutions), led by Antoine Delon and Yves Conan, and supported since 2015 by NextStage AM and Matignon Investissement et Gestion, is opening up its capital to IK Partners as part of the development of its solutions. This operation was managed by Cambon Partners as part of a primary LBO.

Linxea is a dematerialized platform specializing in the on-line creation and distribution of life insurance contracts. Thanks to this operation, the number of private-equity funds available within life insurance and PER contracts now stands at nine. The company has grown from 20,000 customers and €800m in assets under management in 2015 to 90,000 customers and €2.8bn in assets under management today. This represents a tenfold increase in revenues in just seven years.

• Target company: GROUPE IRBIS (LINXEA, LINXEA IMMO, IRBIS SOLUTIONS)
• Purchaser or Investor: IK PARTNERS (EX-IK INVESTMENT PARTNERS) , Pierre Gallix , Thibaut Richard , Florent Labiale , Paola Ismail
• Managers : Antoine Delon , Yves Conan , Stanislas de Vasselot , Tiphaine de Labarre , Diane Larramendy , Clément Lemaire
• Société Banquier d’Affaires / Conseil M&A : CAMBON PARTNERS , David Salabi , Nicolas Pirot , Victor Simal Aldea , Alexandre Cuignet
• JOFFE & ASSOCIES , Thomas Saltiel , Camille Malbezin , Virginie Davion , Aymeric Dégremont
• Acquirer Investment banker / M&A advisor : FIG PARTNERS , Christophe Muyard
• Purchaser Corporate lawyer : WINSTON & STRAWN , Grine Lahreche , Audrey Szultz , Vincent Bourelly