Founded in 1995, ACE is a major player in the mortgage brokerage arena in France. ACE finds and negotiates the most suitable mortgage terms for property buyers. With nearly 10,000 loans brokered annually, ACE represents more than 5% of the French mortgage market, with a volume of about € 2 billion.
This transaction, which allows the Group to finance the consolidation of 100% of its business scope, sees two of its key executives enter into the capital, alongside Edmond de Rothschild Investment Partners as a minority investor with approximately 30% of the capital. The equity investment was complemented with bank financing raised from Banque Populaire Rives de Paris and the Caisse d’Epargne Ile-de-France.
LL Berg (Olivier Abergel, Gaëlle Quillivic, Clément Dégot and Sophie Plassart ) advised the group, Delaby Dorison (Emmanuel Delaby) was in charge of the Tax structuring and Crédit Suisse Mid-Caps acted as financial advisor.
Granrut advised Edrip.