Ashurst LLP advised Financière Holding CEP, the investment holding company of JC Flowers & Co and CHG Participations in France, on their acquisition of Empruntis, a group specialised in insurance, debt consolidation, mortgage and consumer credit brokerage.

This transaction intervenes in the context of the diversification of the activity of Financière Holding CEP in the field of credit brokerage in Europe.

The Ashurst team was led by Nicolas Barberis, partner, Corporate, assisted by associates Leslie Batazzi and Joseph Gadenne, Corporate, counsel Amanda Bevan and associate David Albertini, Financing and partner Nadine Gelli and associate Sonia Bouaffassa, tax.

The transaction was closed on Tuesday 22 December 2015.