LGT Private Debt supports Santiane’s acquisition of UGIP Assurances, Julia Assurance and Appli-Key
Alongside Latour Capital and other investors, LGT Private Debt participated in the financing of Santiane’s acquisition of wholesale broker UGIP Assurances, retail broker Julia Assurance and Appli-Key, a software publisher for credit insurance brokers. The four companies entered into a strategic alliance to pool their resources, unlock synergies and accelerate growth, with the aim to create a market leader.
The transaction has successfully closed on 27 July 2023. LGT Private Debt has partnered with Santiane since 2020 when it financed the company’s acquisition by Latour Capital together with Tikehau.