Ardian arranges a Unitranche financing for the acquisitions of sélection 1818 and APREP By DLPK Group

DLPK Group is a major French player in the design and distribution of financial products for finance professionals, through its three specialized subsidiaries: Nortia (life insurance), Nortia Invest (securities accounts) and Haas Gestion (asset management). The group is majority owned by its management team, with BlackFin Capital Partners a minority shareholder since February 2018.

With the acquisition of Sélection 1818 and APREP, DLPK Group strengthens its position in the life insurance and securities accounts segments and becomes the leading distribution platform for financial advisers in France, with total assets under management of around €13bn.

Guillaume Chinardet, Head of Ardian Private Debt in France and Managing Director, said: “We were impressed by DLPK Group’s positioning, focused on the development of innovative financial solutions with a strong emphasis placed on quality of service and customer satisfaction, as well as the ambitions of its management team, who are determined for DLPK Group to become a leader in its market.”

“We are pleased to be able to help DLPK Group expand in a consolidating market. We are convinced that Sélection 1818 and APREP will benefit in full from DLPK’s expertise after their integration, and our Unitranche financing is particularly well suited to support the group’s expansion in the years to come” added Jean-David Ponsin, Director at Ardian Private Debt.

Vincent Dubois, chairman of DLPK Group, commented: “We are delighted to be working alongside Ardian, which has proven its creative and agile nature in providing a tailor-made financing solution, meeting the group’s needs perfectly under the framework of these two transformative acquisitions.”

Daniel Cohen-Sabban, Managing Director at BlackFin Capital Partners, added: “We are pleased to continue supporting growth at DLPK Group alongside Ardian, a long-term partner for BlackFin.”