Asset management: APRIL and DLPK finalise their merger
26 July 2024
After signing a strategic partnership agreement in January 2024, APRIL and DLPK announce that they have obtained all the necessary approvals and are finalising their merger. With €15 billion in assets under management, this transaction positions the two French groups as a leading player in the asset management and investment solutions market.
This transaction is in line with the APRIL Group’s growth and diversification strategy, proving its strong ambitions in the asset management market, whichoffers numerous development prospects with local brokerage.
‘With this major merger, we are confirming our desire to accelerate our presence in the French asset management market, which is one of the most dynamic in the Eurozone. We share with DLPK’s teams the ambition of building a major and innovative player in wealth management for the benefit of the thousands of intermediaries we support on a daily basis,’ explains Eric Maumy, Chairman of the APRIL Group.
‘We are delighted to welcome the entire DLPK team, whom I would like to greet warmly. We share with them our vision as entrepreneurs and the same commitment to serving our partners and customers. This merger opens up a number of areas for development and synergies that will provide opportunities for local brokers and independent financial advisers,’ comments Emmanuel Maillet, Deputy Chief Executive Officer of the APRIL Group, in charge of health, provident, loan and asset management activities.
This strategic alliance with APRIL will enable the DLPK Group to accelerate its growth and consolidate its leadership of the French market among financial intermediaries (IFAs, private banks, brokers, etc.) through brands that are recognised for their high level of expertise.
‘By joining forces with the APRIL group, we are opening a new chapter in DLPK’s history, in line with our ambitions in terms of innovation and digitalisation in particular. Together with APRIL’s teams, we have already begun to write these first lines, which open up great prospects for our partners’, says Vincent Dubois, Chairman of the DLPK Group.
About APRIL Group
APRIL is the leading wholesale broker in France with a network of 15,000 partner brokers. APRIL’s 2,400 staff members aim to offer their customers and partners – individuals, professionals and businesses – an outstanding experience combining the best of people and technology, in health and personal protection for individuals, professionals and VSEs, loan insurance, international health insurance (iPMI), property and casualty niche insurance and asset management. APRIL aspires to become a digital, omnichannel and agile operator, a champion of customer experience and leader in its markets, while committing to the societal responsibility issues set forth in its Oxygen approach.
The APRIL Group operates in 18 countries and recorded a turnover of €630 million in 2023.
About the DLPK Group
Majority-owned by its founding directors, the DLPK Group is dedicated to the design, management and distribution of financial solutions for wealth management professionals (asset managers, institutional investors, private banks, etc.).
Its expertise is structured around 3 areas:
-The design of innovative financial solutions, via Tailor Asset Management (collective investment management), Nexo Capital (structured investment solutions) and Linavest (real estate investment solutions);
-Management of provident, savings and employee savings products through Nevidis, Nélia Gestion, Nélia Titres, Go Epargne Entreprise ! and Warold.
Distribution of open-architecture wealth management solutions to wealth management professionals through Nortia, a BtoB marketplace.
The DLPK Group currently employs more than 250 people at its offices in Roubaix and Paris, and has achieved sales of €150m by 2023.
It has €11.3 billion in savings assets (of which €8.5 billion in life insurance, €2.3 billion in securities accounts and €0.5 billion in discretionary management), and €1.17 billion in asset management assets.
Press Contact
Mélanie Sutter
melanie.sutter@april.com / 0033 6 43 54 66 67
