Expertise: Private debtDate of investment: 2019Nature of the deal: UnitrancheCountry: FranceSmilewww.smile.fr
Smile is Europe’s largest Open Source (OS) software integration and maintenance specialist, providing IT services to its clients in order to address their digital transformation process. The Group employs 1,000 people and has an international footprint with 17 agencies o/w 15 are located in France, Benelux, Switzerland, Netherlands and 2 in Morocco and Ukraine. Smile generated sales of €118m in 2018.
Expertise: Private debtDate of investment: 2019Nature of the deal: UnitrancheCountry: FranceIADwww.iadfrance.fr
Founded in 2008, IAD is a digital platform for real estate intermediation, which provides trainings and operational support required to a network of independent real estate consultants. IAD has become in 10 years the first French network of real estate intermediaries without brickand-mortar agencies. In 2017, its network of more than 5,500 consultants completed 20,000 transactions. Headquartered in France, the Group has developed its activities in Portugal, in Spain and Italy. The Group generated sales of €154m in 2018.
Expertise: Private debtDate of investment: 2019Nature of the deal: RefinancingCountry: FranceLa Maison Bleuewww.la-maison-bleue.fr
Founded in 2004 by Sylvain Forestier, La Maison Bleue manages a network of more than 280 collective nurseries in France and 60 in Europe (in Switzerland, Luxembourg and the United Kingdom). The group, majority owned by its management and supported by Towerbrook and Bpifrance since 2016, is the third largest operator of collective nurseries in France. It employs over 3,200 people. Since the opening of the French market to private players in 2004, La Maison Bleue has experienced steady revenues growth thanks to a regular increase in the size of its network of collective nurseries, mainly though organic growth and occasionally through targeted acquisitions.
Expertise: Flex equityDate of investment: 2019Nature of the deal: LBOCountry: FranceAudensielwww.audensiel.com
Audensiel is a consulting company specialized in technological innovation and digital transformation. Founded in 2013, the company has experienced five years of strong growth thanks to its innovation culture, agile organisation and differentiating positioning at the heart of the convergence of industrial systems and information systems for key accounts. With almost 450 experts in 12 geographical locations in France and Europe, the company should generate over €40 million in sales in 2019.
Expertise: Flex equityDate of investment: 2019Nature of the deal: LBOCountry: France99 Groupwww.99-advisory.fr
99 Group is a leading player in transformation and organisation consulting for the players in the Banking, Finance and Insurance sector. Based in Paris, London, Luxembourg, Brussels and Singapore, 99 Group currently employs nearly 300 employees and has launched new offers to extend its regulatory expertise to new industries or businesses. The group aims to become an independent leader in Europe within 4 to 5 years.
Expertise: Flex equityDate of investment: 2019Nature of the deal: LBOCountry: FranceITAL Expressital-express.fr
ITAL Express was founded in 1975 and is among France’s leading suppliers of spare parts for trucks, trailers, LCVs and agricultural tractors. The company has over 25,000 SKUs covering the whole range of needs of repair and maintenance professionals. It caters particularly to those requiring original technical components of high quality. It boasts a staff of experienced employees and revenue of 36 million euros.