Siparex acquires French consultancy firm Fixage

The company's founders Michel and Dominique Piermay will retain a majority ownership while several members of the management increased their stakes in the company.

The GP deployed equity from its Siparex Entrepreneurs fund.  

Fixage generates revenues of around €10m and employs 80 staff, according to French publication Capital Finance.

Company
Founded in 1992 and headquartered in Paris, Fixage is a financial services company specialising in actuarial consultancy. Its services cover all areas of actuarial consulting and financial risk management in insurance. The company reportedly generates €10m in revenues and has 80 employees.

People
Fixage - Michel Piermay (co-founder); Dominique Piermay (co-founder).
Siparex - Marlène Rey (board member); Claire Ramadier (associate).

Advisers
Company –Antelis (legal); Heliconseil (corporate finance).
Equity – ACA-Nexia (financial due diligence); Valther Avocats (legal); Arsene Taxand (legal). 

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