Premium Groupe: The latest figures, news and market research on Premium Groupe

Turnover: 188 million EUR (2022)

Country: France

Specialist in wealth management, brokerage and asset management (7 billion in assets under management)
3 subsidiaries: Predictis, Flornoy Ferri, Capfinance
1,200 employees
2023 sales expected to exceed €260 million

Premium becomes a savings giant 31/07/2023

Blackstone, the world's leading private equity firm, will invest 400 million euros in Premium, including 300 million in debt. Following the transaction, Blackstone is expected to hold around 10% of Premium's share capital.
The Barings fund will contribute 300 million euros of debt to Premium.
After the double operation, Premium will be valued at 1.15 billion euros, a record amount for an independent asset management group in France. Premium's valuation in 2021 was 290 million euros.
Premium manages 8.5 billion euros in savings assets.
Premium's sales are expected to rise from 30 million euros in 2018 to 263 million euros in 2023
Premium employs 275 people and has 1,100 agents.
Premium plans to work with 5,000 independent agents in five years' time.
The company is looking to expand into Italy, Spain and Belgium.
Some forty new acquisitions are being considered for Premium in France.

Insurance: Premium broker can't find a buyer to match its expectations 02/05/2023

Valuation sought by Premium for its future LBO: over 1 billion euros.
Valuation at the time of the last financing round led by Eurazeo: 290 million euros.
Sellers' target valuation: over 15 times Ebitda 2022.
Premium sales to end 2022: 188 million euros, up 80% year-on-year.
Assets under management in life insurance, retirement savings plans (PER) and other investment products: up from 6.4 billion euros to over 8 billion euros in twelve months.

Premium, a new candidate for a record LBO in the insurance brokerage sector 30/11/2022

Sales doubled in one year and should reach 190 million euros by year-end
The group will have 10,000 agents by 2022, with a target of 15,000 by 2023
72% recurring commissions
Targets 250 million euros in revenues and 100 million in Ebitda next year in 2023

DUNS: 429317118

Legal Name: GROUPE PREMIUM

Address: 14 RUE DE LA FERME , 92100 BOULOGNE-BILLANCOURT

Number of employees: 0 salarié (2022)

Capital: 3 613 762 EUR

Financial Data:

Year	2020	2019	2018	2017	2016	2015
Turnover	267 699	234 670	152 408	1 618 830	1 629 429	1 592 705
Gross margin (€)	271 701	619 424	176 554	1 652 460	1 666 175	1 593 486
EBITDA (€)	-339 627	-668 561	-107 497	-463 903	-561 388	-493 179
Operating profit (€)	-344 817	-670 043	-107 877	-474 288	-606 578	-544 470
Net profit (€)	2 770 841	1 029 276	6 291 753	-138 383	2 911 251	-1 212 355
Turnover growth rate (%)	14,1	54	-89	-0,7	2,3	-
Ebitda margin rate (%)	-126,9	-284,9	-70,5	-28,7	-34,5	-31
Operating margin rate (%)	-128,8	-285,5	-70,8	-29,3	-37,2	-34,2
Working Capital (turnover days)	973,9	5 233,1	8 548,6	946,9	-20,9	-18,8
Working Capital requirements (turnover days)	-51,2	-612,7	-203,4	-12,3	-25	-24,7
Net margin (%)	1 035,1	438,6	4 128,2	-8,5	178,7	-76,1
Added value / Turnover (%)	-34,9	-169,2	11,1	76,5	70,8	80,9
Wages and social charges (€)	222 564	247 881	120 031	1 595 183	1 631 740	1 708 033
Salaries / Turnover (%)	83,1	105,6	78,8	98,5	100,1	107,2

Company Managers:

Position	First Name	Last Name	Age	Linkedin
Commissaire aux comptes titulaire	Stéphane	MELLOUL	57
Commissaire aux comptes suppléant	Marc	BOTBOL	60

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