Go to deals
Business Support Services | Financial Services | Private Equity

Andera Partners has acquired 99 Advisory

Andera Partners, formerly known as Edmond de Rothschild Investment Partners (EdRIP), has acquired 99 Group, a leading independent player in transformation and organization consulting in the banking, finance and insurance sectors.

Andera Partners led this majority LBO alongside CEO Hughes Morel- Lab and his team, with the support of CAPZA, which subscribed to the mezzanine debt and took a minority ticket. The operation’s leverage is moderate in order to give the group sufficient room for manoeuvre to pursue its external growth. Created in 2001 within the Edmond de Rothschild Group, Andera Partners is a reference point in unlisted investment in France and abroad. It manages more than US$2.5 billion in life sciences, development and transmission capital, and mezzanine sponsorless debt.

99 Group offers a wide range of consulting services. The group includes three complementary entities: 99 Advisory, focusing on strategic and regulatory consulting in the financial sector; 11 Management, a specialist in the optimization and management of business projects in information systems; and Azzana Consulting, acquired in March 2019, dedicated to cash management and innovative payment methods. Based in Paris, London, Luxembourg, Brussels and Singapore, 99 Group has 300 employees and has launched new offers to extend its regulatory expertise to new industries and businesses. It aims to become a significant independent group in Europe within four to five years.

In a highly competitive environment, Oaklins’ team in France strategically advised Andera Partners throughout the acquisition process. The structuring of the financing was designed to provide an additional line to finance external growth operations.

Service
M&A buy-side
Parties
“In just a few years, 99 Group has become a major player in its segment, with a very strong specialization in regulations and compliance. Our ambition is to enable the group to strengthen its leadership and accelerate its development by seizing opportunities, particularly in terms of external growth. Oaklins’ team in France will continue to support us in this project.”

David Robin

Partner, Andera Partners, France

Talk to the deal team

 Éric  Félix-Faure

Éric Félix-Faure

Managing Partner

Paris, France
Oaklins France

Related deals

Grupo BC has acquired Lexer
Private Equity | Business Support Services

Grupo BC has acquired Lexer

The owners of Lexer have sold the company to Grupo BC. With this acquisition, Grupo BC consolidates its position as provider of critical processes to the main Spanish financial institutions and offers the potential for Lexer to expand in Latin America while continuing to consolidate the Spanish debt collection sector.

Learn more
Gilde Healthcare has invested in Tandarts Today
Private Equity | Healthcare

Gilde Healthcare has invested in Tandarts Today

Gilde Healthcare has invested in Tandarts Today, a fast-growing dental chain in the Netherlands. The investment will allow Tandarts Today to accelerate its buy-and-build strategy and become a leading dental chain in the Netherlands. Financial details have not been disclosed.

Learn more
I.T. Works Recruitment, Inc. has sold 100% of stock to The Planet Group
Business Support Services

I.T. Works Recruitment, Inc. has sold 100% of stock to The Planet Group

The shareholders of I.T. Works Recruitment, Inc. have sold the firm to The Planet Group, a portfolio company of MidOcean Partners.

Learn more