"The Ethniki" Hellenic General Insurance Company S.A.
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.
"The Ethniki" Hellenic General Insurance Company S.A. - overview
Established
1891
Location
Athens, -, Greece
Primary Industry
Insurance
About
Founded in 1891 and based in Athens, Greece, "The Ethniki" Hellenic General Insurance Company S. A. is a provider of private and business insurance. In February 2025, Piraeus Bank, agreed to acquire a 90% majority stake in "The Ethniki" Hellenic General Insurance Company S.
A. from CVC and National Bank of Greece for EUR 600 million. The transaction was completed in November 2025. The company offers private insurance and insurance for business, with plans that cover insurance for individuals including national, life protection, savings investments, health, pension, child, movement, property, civil liability.
For businesses, the plans cover company, tourism, school, group insurance, civil liability, and other special risks. The acquisition will support the company's growth and expansion plans.
Current Investors
CVC Credit Partners, National Bank of Greece
Primary Industry
Insurance
Sub Industries
Commercial Insurance, Life Insurance, Personal Insurance
Website
www.ethniki-asfalistiki.gr
Verticals
InsureTech, Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
"The Ethniki" Hellenic General Insurance Company S.A. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct, Trade Sale | Completed | "The Ethniki" Hellenic General Insurance Company S.A. | - | ||||||||
| LP Direct | Completed | Garanta Asigurari SA | - | ||||||||
| Secondary Buyout | Completed | "The Ethniki" Hellenic General Insurance Company S.A. | - | ||||||||
| LP Direct | Completed | "The Ethniki" Hellenic General Insurance Company S.A. | - |
Displaying 1 - 4 of 4
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.