Satiane.fr

Santiane.fr sells minority stake for €5 million to BNP Paribas Private Equity

Five- year- old Santiane.fr, which doubled its sales this year, has closed a financing round led by BNP Paribas Private Equity. The French private equity firm acquired a minority stake in the Nice-based venture for €5 million. Santiane.fr claims that in less than five years of operation it has become the largest French online broker of health insurance in the market, with a sales forecast for 2013 of €50 million.Read more

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