Barings Supports Cinven’s Investment in Finaxy Group
Barings, one of the world’s leading investment managers, today announced its role as lead lender of secured credit facilities supporting Cinven’s investment in Finaxy Group, a leading specialist player in the French Property & Casualty insurance brokerage market with more than 330 employees.
Established in 2009 Finaxy is one of France’s leading multi-specialist insurance brokers, serving both the (mid-) corporate and specialty segment. Finaxy has a cash-generative business model with highly visible and recurring revenues that has demonstrated resilience through economic cycles. Finaxy’s management team has built a company that has delivered strong organic growth and has executed on a successful buy-and-build M&A strategy, including more than 30 acquisitions to date.
About Barings
Barings is a $421+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.
*As of December 31, 2024
About Cinven
Cinven is a leading international private equity firm that invests in high-performing businesses with strong potential for growth. Cinven invests across six sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and TMT, and operates out of 8 offices in Europe and the US. Since inception Cinven has raised >€50bn with €52bn of realised proceeds and currently has 40+ portfolio companies.