Paul Hastings Advises Ardian Expansion and Finaxy in the Refinancing of its Existing Debt and the Financing of the Acquisition of Assurinco Voyage, Presence Assistance Tourisme, and Libbela
October 10, 2023
Paul Hastings (Europe) LLP advised Ardian Expansion and Finaxy, the French leader in insurance brokerage, in the unitranche refinancing of Finaxy’s existing debt and the acquisition by the Finaxy group of three companies: Assurinco Voyage and Presence Assistance Tourisme, travel insurance brokers, and Libbela, a digital underwriting agency. Together they will be known as Xplorassur and will create the number one travel insurance company in France.
Global Finance partners Olivier Vermeulen and Tereza Courmont Vlkova led the Paul Hastings team, which also included partner Allard de Waal as well as associates Nicolas Fittante and Capucine Chareton.
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