Paris RE (reinsurance)
IPO, €224,5m
Paris Re is a mid-sized, multi-line reinsurer. The company was formed in 2006 in response to rising global demands for reinsurance protection at the initiative of an investment consortium led by Stone Point Capital. Paris Re is the successor to the business of AXA Re of the AXA Group.
The shares were priced at €19.35 valuing the company at €1.656bn. The operation raised €224.5, representing 13.6% of its capital, and the majority of the shares (98.4%) were purchased by institutional investors. The main shareholders in the company meanwhile, remain investment fund Hellman & Friedman, with a 16.02% stake, followed by Stone Point Capital and Vestar Capital Partners, which both hold 10.72%.
Media Tree organised the analyst presentation as well as the entire roadshow.
“A big thank you to the Media Tree team. Thanks to you it was hassle free experience.” Gerhardt Hans Peter, CEO, Paris RE





