Seven2 is set to acquire a majority stake in Olifan Group, a leading French wealth management firm, to bolster its growth strategy and market presence.

Target Information

Seven2 has announced its intention to acquire a majority stake in Olifan Group, a company formed through the merger of 15 independent wealth management firms since its inception in 2014. With a workforce of 150 employees, over half of whom are shareholders, Olifan Group operates from 16 locations across France, catering to more than 10,000 clients. The group's expertise in wealth management advisory covers various client needs, including expatriate and vulnerable client issues, supplemented by a broad range of investment solutions such as life insurance, private equity, structured products, and real estate.

As of now, Olifan Group advises on assets exceeding €2 billion, positioning itself among the top 15 wealth management specialists in France. Its commitment to delivering high-quality services is reflected in its expansive client base and collaborative structure, combining diverse expertise to enhance service offerings.

Industry Overview

The wealth management industry in France has continued to experience robust growth, particularly driving by increasing levels of personal wealth and a growing demand for personalized financia