CAPZA has entered into exclusive negotiations to acquire a minority stake in bnetwork, the European leader in accommodation solutions for large scale BtoB event organizers (trade shows, medical congresses, international summits).

Founded in 2005 by Stéphane Filone and Stéphane Teboul, bnetwork manages all accommodation needs for event organizers through a combination of high-quality services and advanced technological solutions. The Group supports over 130 events annually across 25 countries and provides additional services such as transportation management and restaurant reservations.

bnetwork combines a local presence in strategic locations (Cannes, Barcelona, Paris, London), a dense network of over 2,400 hotel partners and high-quality service highly valued by its clients, enabling them to benefit from a significant network of referrers and to hold a leading position, particularly in France and Spain.
 

The Group has a solid business model based on recurring revenues and strong visibility through its positioning in regular events, as well as multi-year contracts signed with leading clients.
 
Based in Cannes, the Group employs over a hundred people, including accommodation management experts and an experienced team of developers.

With CAPZA’s support, bnetwork aims to accelerate its organic growth by enhancing its international presence, expanding its offerings, and strengthening its sales force. In the future, external growth opportunities may also be considered.

“We are pleased to support bnetwork in the next phase of its development. We are convinced of the strong potential of the Group, led since its inception by a highly capable duo, and which has positioned itself as a leader in its market thanks to an offering that provides impeccable service quality and a cutting-edge technological solution.” – Maxence Radix, Managing Partner at CAPZA

“We have found in CAPZA and its teams valuable partners to accompany us in accelerating our growth. Thanks to their expertise in supporting SMEs and their solid European network, we will continue bnetwork’s strong organic growth and strengthen our international development.”– Stéphane Filone and Stéphane Teboul, co-founders and CEOs of bnetwork

“We are proud to have been part of bnetwork’s adventure alongside Stéphane Filone and Stéphane Teboul and to have supported the Group in its growth project over the past few years. We wish the management team and CAPZA great success in this next phase of development.” – Nicolas Celier, CEO at Ring Capital

CAPZA’s investment will be made through its CAPZA 5 Flex Equity fund, marking its 19th operation.