Albingia SA
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Albingia SA - overview
Established
1962
Location
Levallois-Perret, -, France
Primary Industry
Insurance
About
Founded in 1962 and based in Levallois-Perret, France, Albingia SA is a key player in the insurance sector, offering tailored solutions to manage various business risks efficiently. Albingia SA specializes in providing comprehensive insurance solutions for businesses. The company was founded in Levallois-Perret, France, in 1962. In December 2018, a consortium led by Eurazeo, alongside the management team, acquired Albingia from Chevrillon & Associes, IDI, and ICG, enhancing its operational scope and market reach.
The current CEO is Valentine De Lasteyrie, who has been instrumental in guiding the company through its transitions and growth phases, ensuring alignment with market demands. Albingia is a prominent player in the French insurance market, specializing in a comprehensive range of products designed to address the diverse risks faced by businesses. The company's core offerings include coverage for construction risks, technical risks, property damage, civil liability, maritime and transport risks, and specialized insurance solutions. Additionally, Albingia provides personal insurance products and legal protection, focusing on supporting brokers to meet the insurance needs of French enterprises across a wide array of sectors, including small and medium-sized enterprises (SMEs) and larger corporations.
In 2023, Albingia reported a revenue of EUR 361,896. 50, with an EBITDA of EUR 79,458,138. 70 recorded in 2021. The company's revenue generation is facilitated through the sale of diverse insurance products, with premium payments structured annually or per incident, primarily through partnerships with brokers.
Following the acquisition in December 2018, Albingia plans to utilize the financial backing to support its growth and expand its market reach. The company is actively developing new insurance products to cater to evolving client needs. Additionally, Albingia aims to expand its operations into new geographic regions, with specific targets for increased market presence in Europe by 2025, leveraging the recent capital inflow to strengthen its product offerings and enhance service delivery.
Current Investors
Eurazeo, Financière de Blacailloux
Primary Industry
Insurance
Sub Industries
Financial Services, Commercial Insurance
Website
www.albingia.fr/
Company Stage
Mature
Total Amount Raised
Subscriber access only
Albingia SA - timeline of key events
Albingia SA - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 225,950,000 | 235,560,000 | 255,577,000 | 267,017,000 | - | - | - |
| % Revenue Growth (YoY) | - | 4.3% | 8.5% | 4.5% | - | - | - |
| EBITDA (USD) | 66,704,000 | 74,950,000 | 66,736,858.8 | 37,851,000 | - | - | - |
| Operating Income (USD) | 66,704,000 | 74,950,000 | 66,736,858.8 | 37,851,000 | - | - | - |
| Operating Margin | 29.5% | 31.8% | 26.1% | 14.2% | - | - | - |
| % EBITDA Margin | 29.5% | 31.8% | 26.1% | 14.2% | - | - | - |
| NET Income (USD) | 42,715,000 | 53,485,000 | 41,074,971.4 | 20,112,000 | - | - | - |
| % Net Margin | 18.9% | 22.7% | 16.1% | 7.5% | - | - | - |
Albingia SA - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Circles Group S.A. | - | ||||||||
| Add-on | Completed | Circles Group S.A. | - | ||||||||
| Secondary Buyout | Completed | Albingia SA | - | ||||||||
| Trade Sale | Completed | CFDP Assurances | - | ||||||||
| Buyout | Completed | Albingia SA | - |
Displaying 1 - 5 of 6
Albingia SA - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.