SAGIS, a multi-family office and licensed asset management firm, has completed a strategic acquisition by integrating Famility, a recognized specialist in wealth management and structuring with nearly two decades of experience. This transaction marks SAGIS’s first external growth initiative; the firm was founded in 2013 by Arnaud Gosset-Grainville and has been backed by the Siparex fund since late 2023.
In a savings market that is growing and undergoing consolidation, this integration strengthens SAGIS’s expertise in legal and tax structuring as well as its international expansion, confirming its ambition to diversify and positioning the firm to better meet market challenges.
A merger for enhanced wealth management capabilities
The integration of Famility gives SAGIS a more balanced profile between wealth management and supervision. SAGIS already manages and oversees €1 billion for approximately 100 families, foundations, and associations, and is now joined by Famility, which oversees nearly €1 billion for some 20 families in France and internationally. This transaction generates significant potential for synergies. It enables SAGIS, already recognized for its unique open-architecture model that selects the best international managers, to be even better equipped to address current challenges and the dynamics of the investment market, both in France and across Europe.
Consolidation of Legal and Tax Expertise
One of the key focuses of this acquisition is the consolidation of SAGIS’s expertise in legal and tax structuring. Famility, with its wealth of experience, strengthens SAGIS’s capabilities, which were already supported by a network of experts (notaries, attorneys, tax specialists, certified public accountants, etc.). This expansion enables SAGIS to deepen its support for families and institutional clients, particularly in addressing the succession challenges facing the sector.
A response to the challenges of market consolidation
The acquisition of Famility is fully aligned with SAGIS’s growth and succession strategy. In a market undergoing rapid consolidation and facing the challenges of generational transition, this transaction positions SAGIS as a unique player, better equipped to provide comprehensive and effective solutions to its clients’ needs. The merger of the two firms, built on the quality of their expertise, demonstrates a commitment to ensuring long-term sustainability and a comprehensive service offering in the face of a constantly evolving financial and legislative environment.
