FB Transmission is pleased to announce the successful transfer of Entr’Aide Financière du Tournaisis (EAFT) to Patronale Life. 

• Based in Roucourt (Péruwelz), Entr’Aide Financière du Tournaisis (EAFT) is a family business operating in the financial sector, specialising in mortgage loans for people excluded from the traditional banking system. By offering tailor-made solutions to borrowers who are heavily in debt – often as a result of unforeseen personal or professional events – the company helps its customers regain financial stability through flexible, long-term repayment plans. It has thus established itself as a responsible lender of last resort. 

After 70 years in business, the founding families Bourdon and Widart have decided to pass on the torch. Christophe Widart, Director of EAFT « “In our sector, the regulatory environment is becoming increasingly demanding. Faced with growing human and financial resource requirements, the family shareholders have decided to sell the company. They have chosen Patronale Life, which has a high-performance digital platform capable of reaching a large network of brokers to distribute our products.»   

• Patronale Life, a leading Belgian life insurance company, offers a wide range of savings, pension and investment products. Registered as a mortgage lender under the supervision of the FSMA, the company is also active in granting loans to over-indebted borrowers with limited access to traditional bank credit. This established presence in the same segment as EAFT gives Patronale Life a solid understanding of the market and the specific needs of this clientele. As part of its growth strategy, the group intends to expand its distribution network and strengthen its position in financial services through targeted and complementary acquisitions. 

Johan Vanden Berghe, CFO of Patronale Life « We are delighted to be able to expand our mortgage offering through the acquisition of EAFT, a recognised regional player. FB Transmission played a decisive role in the success of this transaction, listening to the expectations of all stakeholders and taking into account the complexity of the sector’s regulatory environment. » 

• FB Transmission is a merger and acquisition consultancy specialising in the sale and acquisition of SMEs in Belgium. Its mission is to ensure the long-term continuity of businesses by organising coherent and sustainable transfers. With a particular affinity for family businesses, FB Transmission is committed to preserving the heritage and values of each company through personalised and confidential support. 

Tanguy della Faille, Partner at FB Transmission « This transaction was not the easiest to carry out, but we were able to play our role to the full, both with the family shareholders and in negotiations with the buyer. I would like to warmly thank the shareholders of EAFT and the representatives of Patronale Life for the trust they placed in us throughout the sale process. »