Commercial insurance brokerage group specializing in construction risk

abecourtage.com

Status
Current investments

Investments dates
December 2023

Turnover
€5-15m

Type of transaction
Capital reorganization

Management
The management team is led by Charles-François Legrand, Rémi Verdier, Guillaume Boulvais and Gaétan Champenois.

Intervention
Capital Croissance enabled a complete management transfer from the founder to his co-managers, the entry into the capital of key managers and the development of the business (opening of branches and new areas of expertise).

ABE’s range of services is primarily dedicated to all professionals involved in consulting, design, execution and site supervision in the building industry (design offices, construction companies, architects, craftsmen, developers and private contractors, etc.). Working closely with major insurers, the group markets tailor-made property & casualty and personal insurance solutions for its customers, supporting them from contract negotiation to claims settlement.

Based in Rennes, with 25 years’ experience, the group employs around 60 people in 8 offices across France. ABE works in partnership with 35 insurance companies and advises nearly 3,000 customers.

Charles-François Legrand, CEO ABE : « Our partners will enable us to facilitate our management transition and support our growth ambitions. We are aiming for nationwide deployment, with the opening of our new branches in Brest and Bordeaux, underpinned by our strong specialization and the tailor-made service we offer our customers. »