ERGET Group joins Edmond de Rothschild Investment Partners-managed Cabestan Capital
The Erget Group, headed by Ludovic Redier, joins the Cabestan Capital funds managed by Edmond de Rothschild Investment Partners.
Since it was founded in 1986, ERGET has stood out as a leader in business risk management insurance (civil liability, technical risks, construction risks).
With more than 50 experts working at a dozen sites in Metropolitan France and overseas, the Group has grown up around high added value niches in aviation, marine, energy, transportation and accidentology. It developed a strong presence in emerging markets by opening offices in China, on the African continent, Brazil and through its own international network.
The Group generated a turnover of €1M, with 20% coming from abroad. Its principals are insurers, health insurers, reinsurers, brokers, captive and industrial reinsurers that represent 200 customers. The Erget Group has tripled its turnover over the last 10 years.
Boasting an organisation focused on quality, constant innovation and strong international aspirations, the Group intends to accelerate its development. The association with Cabestan Capital, with a 35% stake, will enable it to pursue an active policy of organic growth and acquisitions in France and Europe in order to double in size within 5 years.
The Group also has a European Strategic Committee comprising several seasoned professionals in the management of business risks and business development at the European level.
According to Ludovic Redier, CEO of the ERGET Group: “The presence of Edmond de Rothschild Investment Partners will allow us to strengthen our structure with the arrival of new competencies to better seize the opportunities offered by globalisation and digitisation of the economy.”
Romain Ohayon, Investment Director at Edmond de Rothschild Investment Partners, said: “With a well-known brand and business organisation, we were attracted by the quality of the development project Ludovic Redier planned for his group. Our support during this new phase should take us quickly outside France, and even outside the EU. This investment marks the 13th participation by Cabestan Capital Fund.”
About Edmond de Rothschild Investment Partners
Edmond de Rothschild Investment Partners is a point of reference for minority investment in unlisted companies through development capital and in venture capital. Established in France, the company has deployed its investment teams in Paris, Lyon, Shanghai and Milan (through its exclusive partnership with Mast Capital). The management company, consisting of 41 individuals, including 29 investment professionals, manages over €1.2 billion.
Source: Edmond de Rothschild Investment Partners Press Release