Tikehau provides unitranche for insurance acquisition

The firm has provided a unitranche finance package aiming to facilitate an acquisition and aid additional growth.

Tikehau IM has provided a unitranche debt facility enabling French insurance brokerage AssurCopro to make an acquisition. The borrower is acquiring fellow brokerage Jacques Boulard.

The facility is being extended after Tikehau provided the debt for AssurCopro to be acquired by Eurazeo PME in September last year.

Terms of the facility could not be determined by time of publication.

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