Howden acquires OFRACAR
Paris (France), April 3rd 2024,
Howden once again chooses Financière de Courcelles to advise on the acquisition of Ofracar, a specialist insurance broker with a strong presence in Normandy. This is Howden France's fourth acquisition.
As one of the world's leading independent insurance and reinsurance brokers, with over 16,500 employees and a presence in 100 countries, Howden decided to enter the French market in February 2022. Howden France has grown rapidly through strong organic growth and targeted acquisitions to become an organization of 270 employees, with offices in 12 cities. Howden France's objective is to build a leading commercial risk brokerage throughout France, providing insurance expertise and solutions to SMEs, ETIs and large corporations, in both Property & Casualty and Employee Benefits.
Founded in 1964 and managed by Stéphane Lecomte, Ofracar is a leading B2B insurance broker in Normandy, specializing in refrigeration, property and casualty insurance, employee benefits, vehicle fleet and transport. With 84 employees in offices in Rouen, Rennes and Lyon, OFRACAR serves around 2,000 customers in Normandy and France.
This operation, following on from the acquisitions of C.R.F. Conseils, Seasecure, Théorème and GTCA - CFC Consultants, confirms Howden's determination to accelerate its development in the French market, while considerably expanding its product offering for its customers.
Nicolas Aubert, Président Directeur Général de Howden France : “ OFRACAR has been recognized as a market leader for several decades, and with this new acquisition we welcome a talented team and integrate new offerings to broaden our expertise. Already present in Normandy with a team dedicated to the marine sector, we underline our commitment to regional development by expanding our capabilities and accelerating the delivery of Howden's global specialist expertise to local markets for the benefit of local customers. ”
Stéphane Lecomte, Président Directeur d’Ofracar : “ Our commitment to shaping the future of all our employees led us to choose Howden as our next partner - an international broker with an entrepreneurial philosophy and ambitious growth plans in France. I'm delighted to continue OFRACAR's 60-year heritage with our colleagues at Howden France, who share our entrepreneurial spirit and People First culture. Our unified teams are now perfectly positioned to support SMEs and ETIs in Normandy, throughout France and across Europe. ”
Luigi Sturani, PDG de Howden Europe : “ This acquisition marks an exciting next step in our growth journey, reflecting the significant expansion of our operations in France over the past two years. This expansion is testament to our patient and strategic commitment to the country. We have become a large-scale operator in all of Europe's major insurance markets, and we continue to realize our long-standing ambition: to build the leading European broker for customers and talent by partnering with the best companies. ”
The Financière de Courcelles team is delighted to have once again supported Howden in this fourth acquisition in France. This testifies to the confidence placed in Financière de Courcelles by a world leader for its recognized expertise in the deployment of an external growth strategy in a given sector.
STAKEHOLDERS IN THE OPERATION
Howden side :
- Company : Howden France (Nicolas Aubert, Adrien Laplane) ; Howden Group Corporate Finance and Legal (Dimitri de Lamazière, Georgy Naydenov, Chris Keville)
- Financial advisor : Financière de Courcelles (Michael Petit, Charles Delbarre)
- Legal advisor : Eversheds Sutherland (Catherine Detalle, Raphael Sendowski, Maxime Auzias)
- Financial due diligence: PwC (Hervé Demoy, Baptiste Delubac, Théo Lahousse)
- IT due diligence : PwC (Philippe Weber, Hugues Renaud)
Ofracar side :
- Company : Ofracar (Stéphane Lecomte, Nicolas Lecomte, Laurent Couturier)
- Financial advisor : Deloitte Corporate Finance (Vincent Rapiau, Lucile Regnault, Kamal Nassif, Nicolas Nardelli)
- Legal advisor : CVS (Alexis Marchand, Alexandra Thil, Ornella Costa-Henriques)
- Financial due diligence : Deloitte (Vincent Rapiau, Christophe Mazaud)
Sale of Bowen Systems to Exens Group
Paris (France), 2nd of April 2024,
Financière de Courcelles advised the shareholders of Bowen Systems on the sale of the group to Exens Group (formerly Cobham Microwave), owned by FCDE.
Exens Group acquired 100% of the shares of Bowen Systems from its historical shareholders to strengthen its specialist positioning in mission-critical radiofrequency, microwave and time-frequency solutions designed for harsh environments, serving primarily the defense and space industries, but also the medical, energy, transport and meteorology industries.
Based in Les Ulis, Bowen designs and manufactures electronic equipment for detection, communication and radars systems. Built through an external growth strategy executed by its founder and CEO Juvelino Da Silva as well as a sustained innovation policy, Bowen has evolved in two decades from a manufacturer of components to a supplier of complex sub-systems thanks to high-end complementary technological bricks (antennas, sensors, electronic and analog signal processing, software, etc.). Bowen operates an R&D site in Les Ulis and two industrial sites in France, in Trappes and Thiron-Gardais.
For Bowen, this operation acknowledges the managerial transition initiated between Juvelino Da Silva, the founding CEO, and Thomas Da Silva, the current COO, who will continue to support Bowen's operational development. They will re-invest significantly in Exens Group alongside FCDE and the management.
Less than a year after the acquisition of AR Electronique, this second build-up will allow Exens Group to accelerate its development on complex high-end subsystems, to acquire additional technological bricks to strengthen its product portfolio and to pursue its ambitious innovation policy. This operation will also strengthen its industrial base and offer commercial synergies. Finally, the group will reach a critical size of €50m of revenues and almost 300 employees with this transaction.
This transaction is an example of FDC's in-depth industrial and financial knowledge of the electronics and defense sectors, and of its strong involvement in these sectors.
Corderie Henri Lancelin joins forces with Samson Rope Technologies
Paris (France), March 06th, 2024,
Financière de Courcelles has advised the shareholders of Corderie Henri Lancelin, a company specialized in the design and manufacturing of high-end and innovative synthetic ropes, primarily for nautical applications, on its sale to the American group Samson Rope Technologies.
Founded in 1907 near Laval, Lancelin is a four-generation family business, specializing in the design and manufacturing of highly technical and aesthetic ropes. Renowned for its innovative approach, Lancelin has built its reputation particularly in the fields of offshore racing, sailing and yachting, before diversifying into other industries such as arborism, urban planning, maritime, sports & leisure, etc.
This constant commitment towards innovation, enabling the delivery of high-value-added products to its customers, is also reflected in its state-of-the-art manufacturing site equipped with a bench test capable of handling a breaking load of up to 600 tons. Thanks to its technological expertise, Lancelin is thus one of the few manufacturers of technical ropes in Europe capable of developing and testing products dedicated to offshore floating wind turbines, a market with significant potential over the next 5 to 10 years.
With a turnover of nearly €8 million in 2023, Lancelin has emerged as a leader in France in the niche market of technical ropes which is presenting very promising growth prospects.
For over 145 years, Samson has been recognized as a worldwide leader in the design and manufacturing of high-performance ropes. With over 300 employees in the United States and Spain, following the acquisition of Folch Ropes in early 2023, Samson has established itself as a key player in new technologies, efficient coating techniques, and innovative manufacturing to produce ropes tailored to various markets (marine, energy, arborism, fishing).
The association of these two companies, both leveraging on numerous successes in the rope industry, will enable Lancelin to further diversify into industrial markets where Samson is well positioned.
"The Lancelin team is pleased to partner with Samson, and we believe our joint capabilities, product offering and presence will accentuate and streamline our customer experience around the world" said Nicolas Lancelin, Lancelin’s company director.
This acquisition will also be a springboard for Samson, which will be able to strengthen its global production capacity and technology thanks to Lancelin's high-performance industrial facility, expand its presence in Europe, and ultimately intensify its penetration into the recreational marine sector.
"The addition of Lancelin will not only enhance our production capabilities but will also allow us to further leverage the success of a strong and well-established organization that the Lancelin family has built over the generations", stated Christian Rheault, CEO of Samson Rope Technologies.
"This marks a new cross-border operation for Financière de Courcelles, and we are delighted to have supported Lancelin's shareholders in this transaction, where the complementary nature of the two companies' activities and geographies is expected to foster numerous synergies" also stated Audrey Gennequin, Executive Director at Financière de Courcelles.
The Financière de Courcelles team is delighted to announce a new cross-border transaction and to have supported Lancelin’s shareholders in the context of a competitive sale process that led to a sale to an international industrial company.
Sellers: Nicolas Lancelin, Nathalie Lancelin
Sell-side advisors:
- M&A advisory: Financière de Courcelles (Matthieu de Baynast, Audrey Gennequin, Thibault Puissant, Leïla Gley)
- Legal advisory: Richelieu Avocats (Guillaume Marguet, Marie-Agnès Guillemare, Mahé Randrianatoavina)
Buyers: Samson Rope Technologies (Christian Rheault, Andrew Janas, Jeremy Jordan)
Buy-side advisors:
- Legal advisory: PwC (Guillaume Glon, Delphine Bry-Durousseau, Geoffrey Ritter)
- Financial audit: PwC (Philip Dykstra, Benjamin Tixier, Tristan Auffray)
Sale of Tronico to Agon Electronics
Paris (France), February 9, 2024,
Financière de Courcelles advised the shareholders of Tronico in the sale of the group to Agôn Electronics, owned by Argos Wityu.
Both leading players, Agôn Electronics and Tronico design electronic systems responding to critical and complex situations, with strong operational constraints. The two groups are specialized in electronic subcontracting (EMS) on the one hand, and in the design of their own products on the other hand. They design and manufacture reliable, high-tech electronic products and cards for the aeronautics, on-board rail, energy, space and medical sectors.
There is very strong complementarity between Agôn Electronics and Tronico, in terms of know-how, customers and even “manufacturing footprint”.
The combined group is expected to generate a turnover of more than 220 million euros in 2024 and will be number 1 in France in its market.
The transaction is expected to be finalized at the beginning of the 2nd quarter.
This operation is an example of the in-depth industrial and financial knowledge that FDC has in the electronics sectors and underlying markets (aeronautics and other high-tech industries) and its strong commitment in these areas.
Sale of PCI to HD Industrie (Besacier)
Paris (France), February 9, 2024,
Financière de Courcelles advised the shareholders of the company PCI (Precision Components Industries) in the context of the sale of the company to HD Industrie, shareholder of Besacier.
PCI, founded in 1957 and based near Dieppe, specializes in fine cutting processes. The company supplies steel parts and small subassemblies to diversified industries.
The new group, called Arcole, has a turnover of around 30 million euros and employs 240 employees. This operation is an example of FDC’s in-depth knowledge of the industrial and metal processing sectors, and its strong commitment in these areas.
CAD gets closer to the College de Paris
Paris on February 7, 2024,
Sale of CAD to the College de Paris.
"I am very pleased to have advised CAD Brussels (College of Art and Design), the first Belgian private design school, 100% English-speaking, and its main shareholder Eric Maquet, as part of its merger with the lively Collège de Paris by Olivier de Lagarde, Thanks to Etienne de Quatrebarbes and Guillaume Finck for their involvement on this file as well as to the BFS and STRELIA teams. The CAD - Brussels is already participating in the international deployment of the College de Paris group with numerous implementation projects. Congratulations to the CAD team, in particular to Eric Van der Brocken who succeeds Eric Maquet at the head of the school." Philippe CATTELAT
Keria Group is combining with Eglo Leuchten Gmbh
Paris (France), February 5, 2024,
FDC advised the shareholders of Keria Groupe, a company founded in 1982 and specialized in the distribution of interior lighting in France, in its merger with Eglo Leuchten Gmbh.
The Keria group is a French family-owned group specialized in the distribution of lamps and lighting. Thanks to internal and external growth (merger with Laurie Lumière in 2019 and integration of Lightonline in 2022), a multi-channel model (network of 70 stores strategically distributed across France and several websites) and a portfolio of recognized and complementary brands, the group has accelerated its digital transformation in recent years to reach 30% digital market share and has established itself as the lighting specialist in France.
In a macroeconomic environment undergoing rapid transformation, the group's shareholders have initiated discussions with strategic European industrial partners in order to achieve value-creating synergies and perpetuate a group recognized for its expertise and popular with consumers. Thanks to the merger with Eglo, the Kéria group will be able to seize full advantage of vertical integration allowing it to improve quickly its economic model and then work on its deployment in France and internationally.
With a turnover of 634 million euros and based in Austria, the Eglo Leuchten GmbH group is a leading European and global manufacturer operating in 70 countries in the lighting market for individuals and the corporates,
with its own factories in Europe and internationally. Strongly internationalized and established in France since 1998, the group wishing to address the end consumer through an omnichannel policy, via the development of a network of points of sale and online sales sites, will be able to rely fully on this combination, thus giving it the means to achieve its ambitions.
This combination of the leader in French lighting distribution and an industrial/strategic, European and world leader in distribution player demonstrates the relevance of vertical integration in a specialized market.
Emmanuel Ducrot and Guillaume Piette, Partners of FDC, conclude:
« We are delighted to have supported Keria’s shareholders during this new founding stage in the company’s history. This merger reflects our know-how in discussions with strategic partners and demonstrates our recognized expertise in retail. This new transaction showcases the experience of Financière de Courcelles in restructuring operations. »
For KERIA Group
- Fiba : Sébastien Hours, Aurélie Barbe-Hours
- M&A Advisor: Financière de Courcelles (Guillaume Piette, Emmanuel Ducrot, Thibault Puissant, Marion Pimenta)
- Financial Advisor: KPMG (Jack Rupchandani, Antoine Aubry)
- Legal Advisor: August & Debouzy (Laurent Cotret, Jérôme Brosset, Audrey Thomas, François Rétif)
For EGLO Group
- Eglo Gmbh Leuchten: Ludwig Obwieser, Christian Obwieser, René Tiefenbacher, Stephan Marty
- Financial Advisor: Next Financial Advisors (Hervé Krissi, Laura Guérin, Mathieu Olive)
- Legal Advisor: Mermoz (Olivier Péchenard, Augustin Billot, Thomas Hermetet)
Financière de Courcelles advised ACS shareholders in the context of primary LBO with GENEO Capital Entrepreneur
P
Paris (France), 26 January 2024,
Financière de Courcelles advised ACS shareholders in the context of primary LBO with GENEO Capital Entrepreneur. This operation will enable a new growth phase for this insurance broker specialized in international mobility and health of travelers and expatriates.
GENEO’s investment in the company will accelerate recruitment of key managers, the digitalization, and the external growth in France and abroad.
Founded in 1979 by Didier Da Rin, ACS is the trusted companion of travelers and expatriates worldwide, whatever the nature and duration of their stay abroad, by offering a wide range of international health insurance and assistance solutions. A major player in the French travel and expatriate health insurance industry, ACS also assists the diplomatic corps with all their insurance issues, as well as impatriates, with an insurance policy dedicated to repatriation assistance.
ACS has positioned itself as a specialist with expertise across the entire value chain, from product design and distribution to claims management and compensation. The company distributes its insurance products directly or through its network of 400 partner brokers and business providers, for its clients based in 190 countries in the world.
Edouard Da Rin, ACS Managing Director : « We are extremely enthusiastic about embarking on this new stage in ACS's development with GENEO, and we are convinced that GENEO, as an "evergreen" investment company, with its experience in the SME sector, particularly family-owned, will be the ideal partner to help us realize our many projects aimed at achieving growth that reconciles meaning and performance, thanks to its operational support and flexible approach. It was important for ACS to find a partner that would go beyond mere financial ties, who would be able to fully understand our needs and share our values. The whole ACS team welcomes GENEO! »
Marc Dupuy, Managing Partner of GENEO Capital Entrepreneur : « We're both delighted to have been chosen by Didier and Edouard Da Rin, and excited to support a family-run, market-leading SME in this new stage of its development. As a key player in its field for over 45 years, we are fully mobilized to meet ACS's growth challenges, particularly in terms of structuring its governance and management structure, and the implementation of an extremely clear external growth strategy. We are also delighted to welcome ACS to our Community of Long-Term Builders. »
Christophe Brière and Michael Petit, Managing Partner and Managing Director of Financière de Courcelles : « This LBO represents a key step in ACS's development, and should enable the company to continue the strong growth seen over the past 15 years. The project aroused a great deal of interest, and management had a choice between several very well-constructed projects. GENEO's teams made the difference, and we're delighted with this long-term partnership.»
Financière de Courcelles FIG team is delighted to have supported ACS shareholders in this primary LBO operation and confirms is strong dynamic in the financial services sector.
STAKEHOLDERS IN THE OPERATION
ACS side :
- Company : ACS (Didier Da Rin, Edouard Da Rin)
- M&A advisor : Financière de Courcelles (Christophe Brière, Michael Petit, Charles Delbarre, Yanis Alaoui)
- Legal advisor : Valther Avocats (Idris Hebbat, Thibault Germain, Patrick Hannan)
- Financial Due Diligence : Oderis (Julien Passerat, Antoine Chanut)
GENEO side :
- Investor : Geneo Capital Entrepreneur (Marc Dupuy, Antoine Riley)
- M&A advisor : Newco (Alexandre Gebelin, Manuel Le Guen)
- Legal advisor : SVZ (Pierre-Emmanuel Chevalier, Natacha Baratier, Enora Floury)
- Financial Due Diligence: 8 Advisory (Emmanuel Riou, Arthur Croiset)
Financing :
- Caisse d’Epargne Ile-de-France (Cédric Alin, Paul Morigny, Steven Neveu)
- Société Générale (Delphine Kaptan, Hakim Kadi, Arno Pingray)
- BNP Paribas (Benoît Monteil, Amine Achour, Delphine Louvet)
FDC has advised the founders of Biogy in the context of Evergaz's majority stake acquisition in the company
Paris (France), 22nd of January 2023,
Financière de Courcelles advised the founders of Biogy in the context of Evergaz's majority stake acquisition in the company.
Launched in 2019 and co-founded by Antoine Deffontaines, Louis-André Rohart, and Stéphane Vermersch, agricultural landowners, Biogy specializes in valorizing agricultural and agri-food co-products from the region, with an annual processing capacity of 29,200 tons. The methanation unit, located in Etrun in Pas-de-Calais (62), has a biomethane injection capacity of 400 Nm3/h, equivalent to the annual gas consumption of nearly 3,700 households.
The co-founders remain shareholders and will continue, in the long term, to supply the site with agricultural co-products from their farms and in return receive digestate, a natural fertilizer.
With 15 years of experience in the methanation sector in France, Germany, and Belgium, Evergaz Group owns and operates 28 methanation units representing an annual production capacity of 1.2 TWh PCS in biomethane equivalent, or an installed capacity equivalent of 51.3 MWe.
This acquisition allows Evergaz to establish itself for the first time in Hauts-de-France, thus strengthening its territorial network.
Antoine DEFFONTAINES, Louis-André ROHART, and Stéphane VERMESCH - co-founders of Biogy, state: "We are delighted with this operation with Evergaz. As a recognized player in biogas and through the values it embodies, we are convinced that Evergaz was the best possible choice to continue the development of Biogy."
Frédéric FLIPO, Deputy CEO – co-founder of Evergaz, states: "We are very pleased with this partnership that allows us to confirm our ambition to make Evergaz a European leader in methanation. Biogy perfectly illustrates Evergaz's DNA: meeting the economic, environmental, and social challenges of territories by creating lasting alliances with local players. I would like to thank the co-founders of Biogy for the trust they have shown us by staying alongside us. This majority stake acquisition also marks Evergaz's dual development strategy, combining the acquisition of operational sites and the construction of new sites (two currently in Mayenne and Saône-et-Loire). The Group's ambition is to continue the development of Biogy as well as its waste treatment offering for the agri-food industry and also local communities, with the entry into force on 1st January 2024 of the obligation to sort biowaste at the source by households."
The Financière de Courcelles team is delighted to have supported the founders of Biogy in this sale, thus confirming its strong momentum in the renewables energy sector.
FDC advised Quantum Capital Partners on the sale of Secan to Tikehau Capital
Paris (France), November 30, 2023,
Based in Gennevilliers (Paris region) and employing over 150 people, Secan stands as one of the market leaders in the conception and manufacturing of tailor-made thermal management solutions.
Secan excels across all the key stages of its products’ life cycle. Its expertise has been recognized for more than 50 years in the aeronautical and land-based industries for both civil and military applications.
The company, which has been backed since 2016 by Quantum Capital Partners, is now entering a new development phase through its acquisition by Tikehau Capital. Secan will benefit from the expertise of its new shareholder in the market, in a context of increasing production rates.
This transaction is an example of FDC's in-depth knowledge of the aerospace and defense sector, as well as its ability to support investment funds in their divestments.
ABOUT QUANTUM CAPITAL PARTNERS
Quantum Capital Partners is an international investment company based in Munich. It focuses on companies with strong growth potential. Founded in 2008, Quantum brings value beyond capital through decades of operational experience in a broad range of sectors, including aerospace with the Aviagroup platform.
ABOUT FINANCIERE DE COURCELLES (FDC)
Founded in 1928, Financière de Courcelles is a long-established, independent player in mergers and acquisitions advisory services. With a team of more than 30 professionals, FDC advises managers and shareholders of SMEs and mid-sized companies on all aspects of their transactions (sales, acquisitions, fundraising and financing advisory services) in France and abroad. As a founding member of the Global M&A Partners network (more than 400 M&A professionals in 35 countries), FDC has a strong capacity to support its clients internationally. A global player in M&A with a strong sectoral approach, FDC is particularly recognised for its long-standing presence in the regions, which will be strengthened by new partnerships signed in 2021.
Financière de Courcelles and Exco Finance & Transactions advised the shareholders of Microrectif-Micromec in the context of their sale to Tikehau Capital
Paris (France), November 17, 2023,
Microrectif-Micromec is a French leader in high-precision machining and grinding, specializing in custom work and small series production of critical and complex parts for major first-tier clients. The Group is involved in the entire industrial process: machining, grinding, and metrology.
Following the acquisition of Visco in July 2022—a recognized player in the high-precision mechanical machining of hard or exotic metals for advanced industries—this new acquisition aligns perfectly with the alternative asset manager Tikehau Capital's strategy to support and strengthen its position as a key partner in major French industrial sectors.
With the support of Microrectif-Micromec, the new Visco-Microrectif-Micromec entity will be able to offer comprehensive services from machining to grinding within short and controlled timeframes. Expertise in the manufacturing of complex sub-assemblies in small and medium series, combined with unique capabilities, especially in metrology (using the Zeiss Xenos three-dimensional machine, one of the most precise in the world), will meet the requirements of strategic industries, including defense, aerospace, space, energy, and healthcare.
The team at Financière de Courcelles / Exco Finance & Transactions is delighted to have assisted Microrectif-Micromec in this transaction, confirming its strong momentum in the industry and aerospace sectors.
ABOUT FINANCIERE DE COURCELLES (FDC)
Founded in 1928, Financière de Courcelles is a historical and independent player in mergers and acquisitions advisory. With a team of 30 professionals, FDC advises executives and shareholders of SMEs and mid-cap companies in France and internationally on their operations (sale, acquisition, fundraising, and financing advice). As a founding member of the Global M&A Partners network (over 400 M&A professionals in 35 countries), FDC has a strong capacity to support its clients internationally. As a global M&A actor with a strong sectoral approach, FDC is particularly recognized for its historical presence in regions, reinforced by new partnerships established in 2021.
ABOUT THE EXCO & EXCO FINANCE ET TRANSACTIONS NETWORK
With a turnover of 200 million euros and a presence throughout France and internationally, the Exco Network is in the top 10 multidisciplinary networks in France. Created in 2002 and chaired by Bruno Geeraert, this audit, accounting, and consulting network relies on 25 regional structures, totaling more than 3000 collaborators operating in the 140 Exco offices present in 17 countries. With its local presence, Exco supports its clients throughout the life cycle of their companies. A member of Kreston International, a global network present in 100 countries, Exco is also directly represented abroad through its offices in Poland, Portugal, Morocco, and Africa. www.exco.fr Created in 2021, Exco Finance et Transactions handles activities related to sale, acquisition, financing, and transmission. For more information, visit www.exco.fr.
OPERATION PARTICIPANTS On the seller's side:
- Company: Microrectif-Micromec (Gérald Chatain)
- M&A Advisory: Financière de Courcelles and Exco Finance & Transactions (Jacques Schwab, Philippe Dore, Julien Page, Nikita Picard)
- Legal Advisory: Ydès (Marcello Mazzilli, Valérie Ciancia, Benoit Colson)
- Financial Advisory: Exco Loire (Fabrice Rabérin, Julien Mandon) and BM&A (Guilhem de Montmarin, Emilien Poquet, Adrien Pichot); On the buyer's side:
- Tikehau Capital (Marwan Lahoud, Cyril Moulin, Marie-Laurence Perrier, Jules Chevallier, Pierre de la Morinerie)
- Visco (Fabrice Doizon, Pierre-Emmanuel Gires)
- M&A Advisory: Alantra (Florian Touchard, Louise Bernard, Chloé Louis)
- Debt Advisory: Alantra (Pierre-Louis Nahon, Simon Berta)
- Legal Advisory: Franklin (Lionel Lesur, Laura-Isabelle Danet)
- Financial Advisory: EY (Gratien de Pontville, François Estin)
- Tax Advisory: EY (Lionel Benant, Benjamin Bardet, Valentin Deschamps)
- Strategy Advisory: Alba & Co (Isabelle Carrère)
- ESG Advisory: ADIT (Amélie Steiner, Edouard Pipet, Kajsa Guyomard)
- Environmental Advisory: ERM (Maryelle Ouvrard)
FDC is advising JAKALA in the acquisition of Madagence
Paris, September 7, 2023,
JAKALA, A, leading data driven consulting firm supported by Ardian Buyout, has acquired a majority stake in Madagence, a fast-growing player dedicated to implementing e-commerce platforms, and one of France's leading independent experts on Salesforce Commerce Cloud.
Founded in 2012, Madagence positions itself as the “e-commerce experience architect”, and specializes in implementing and operating Salesforce Commerce Cloud, Vtex and open-source solutions.
Madagence employs 70 consultants in Paris, Lyon, and Lille. Madagence has developed an innovative delivery model and specific ways of working to provide clients and employees with a unique, high added value experience based on collaboration, agility, and transparency.
JAKALA, leader in data-driven consulting, leads the transformation of its customers by combining data, technology and multidisciplinary skills, and strengthens through such investment its presence in France and its e-commerce practice.
Guillaume Cardon, President of JAKALA France:
“Madagence Partners have demonstrated their ability to establish themselves as a leading player in France on SFCC in particular and have implemented a unique collaborative operating model with their customers. We are extremely pleased to have the opportunity to work with Mathieu, Anthony, Jérôme, Adrien and their teams to reinforce the strategic value of their customer relationships.”
Guillaume Piette, Managing Partner of Financière de Courcelles, concludes:
“We are delighted to support the JAKALA team in their development in France. This transaction reflects the expertise of Financière de Courcelles in assisting companies in entering new markets and our growing experience in the consulting & IT services industry.”
About JAKALA
JAKALA is an integrated ecosystem of diverse talents and innovative business solutions that come together to create value for organizations, individuals, and society. Since its establishment by Matteo de Brabant in 2000, the company has grown into a multifaceted, highly skilled, and international team. In 2021, Ardian acquired a majority stake in JAKALA. Today, JAKALA is the leading data driven consulting and MarTech company in Europe, headquartered in Milan with offices in thirteen countries worldwide. The approach is primarily data-driven approach, and supported by a winning formula of strategy, innovation, technological transformation, engagement, and activation.
About Financière de Courcelles (FDC)
La Financière de Courcelles is an independent investment bank specialized in merger and acquisition advisory services. As a founding member of the Global M&A Partners network (comprising over 450 M&A professionals across more than 35 countries), FDC has a strong capacity to provide international support. FDC advises companies on mid-cap transactions across various sectors of the economy, thanks to its dedicated teams of specialists.