KERIALIS Prévoyance and Malakoff Humanis have signed a memorandum of understanding for a strategic merger aimed at enhancing their competitive position in the French social protection market.
Target Information
KERIALIS Prévoyance, a key player in social protection, has been serving the personnel of law firms since 1960, offering solutions in health, insurance, retirement, and dependency. In 2022, it expanded its services to other legal and accounting professions, aiming to provide them with comprehensive social protection expertise. With a balance sheet totaling 1.5 billion euros and an estimated revenue of 100 million euros in 2024, KERIALIS is dedicated to social and environmental responsibility, receiving the Lucie Progress label for its efforts.
This upcoming merger with Malakoff Humanis is positioned to enhance KERIALIS’s growth, particularly in the legal and accounting sectors, benefiting from Malakoff Humanis's extensive product and service knowledge as well as its distribution capabilities.
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Industry Overview in France
In France, the social protection sector is marked by a significant emphasis on mutualism and partnership-based models. Key players such as Malakoff Humanis operate non-profit organizations, ensuring that both businesses and
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Disclosed details
Revenue: $100M