Ardian and TA Associates have signed an agreement to become co-controlling shareholders of Odealim, enhancing its position as a leader in real estate insurance and credit brokerage in France.

Information on the Target

Odealim, a prominent leader in real estate insurance and credit brokerage in France, was established through the integration of multiple regional insurance brokers. Under the management of Chairman and CEO Xavier Saubestre and CEO Xavier Paturel, Odealim has successfully grown its revenues from €30 million in 2018 to over €160 million today, reflecting its significant expansion in the industry. The company specializes in providing tailored insurance solutions to real estate professionals, including property managers, institutional investors, and co-ownerships.

Since its inception in 1998, Odealim has also diversified into mortgage brokerage and mortgage insurance, notably through strategic mergers and acquisitions, including the purchase of Digital Insure in 2020 and Artémis Courtage in 2021. This proactive approach has allowed Odealim to enhance its position in the real estate sector and create valuable cross-selling opportunities across its various business lines.

Industry Overview in France

The real estate brokerage and insurance sectors in France have witnessed considerable evolution over the past few years. With a robust property market and a growing demand for insurance products that cater to real estate professionals, companies op

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Ardian

invested in

Odealim

in 2023

in a Growth Equity & Expansion Capital deal

Disclosed details

Revenue: $160M

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