AnaCap to acquire Barclays' French retail banking operations

Barclays' corporate and investment banking operations will continue to operate in France. 

The transaction marks a continuation of AnaCap's strategy of investing in the European financial services sector. Previous deals included British Aldermore – now listed on the London Stock Exchange – Belgium's MeDirect, Mediterranean in Malta, Czech-based Equa Bank and Poland's FM Bank.

The transaction also marks AnaCap's second French investment, following the buyout of digital insurance broker AssurOneGroup in 2014.

Barclays' French retail banking and wealth management operations offer various banking services such as current accounts, deposits, mortgages and a variety of products including life insurance and wealth management.

Its network is currently made up of 74 branches across France.

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• Topics
• Buyouts
• Financials
• France
• France
• United Kingdom
• AnaCap Financial Partners
• Barclays