Bryan, Garnier & Co advises Eudonet – a leading CRM SaaS company – on its sale to Quilvest Private Equity and Antoine Henry, former CEO of Sage France
PARIS, March 29th, 2017 – Bryan, Garnier & Co, the leading pan-European investment bank supporting growth companies, advises the sale of Eudonet, a fast growing CRM SaaS company, to Quilvest alongside a new management team led by Antoine Henry. Bryan, Garnier & Co advises the outgoing shareholders, Naxicap and the three founding partners of the company.
Eudonet is a publisher and integrator of generalist and verticalised CRM (Customer Relationship Management) solutions. Available in SaaS, Eudonet solutions are adapted to the needs of any type of structure: SMEs, large accounts, chambers of commerce and industry, educational institutions, associations, foundations, professional federations, cultural institutions and public authorities. Eudonet has established operations in France, Canada and the United Kingdom, and serves more than 900 clients.
Eudonet was created in July 2000 by Christophe Morizot, Bertrand de La Villegeorges and Guillaume Bouillot. Following today’s announcement, the founders will leave their operational positions within the company and will be replaced respectively by Antoine Henry, appointed President of Eudonet, and Fabrice Vernière, Chief Financial Officer. The founders will remain associated with Eudonet as minority shareholders.
The company strategic plan focuses on accelerating growth in the French and European booming markets, supported by new digital usage and the first equipment of companies and organisations. Thanks to Quilvest Private Equity support Eudonet aims to become the European leader on its preferred markets.
Thibaut de Smedt, Partner, Bryan, Garnier & Co comments : "This transaction is a major step in the development of the company with considerable potential for development in both France and Europe. It perfectly illustrates Bryan Garnier & Co's deep knowledge of the software sector and the bank's support for this type of transaction".
Thomas Vatier, Partner at Quilvest Private Equity, comments: "We are delighted to work with Antoine Henry and Fabrice Vernière. The talented team at Eudonet reflects Quilvest's own entrepreneurial spirit, and we look forward to supporting the company’s future growth, both organically and through acquisitions in France and abroad".
"Eudonet is a French leader in CRM, with innovative cloud and mobile technology," said Antoine Henry, President of Eudonet. "We look forward to building on the solid foundations set by Christophe Morizot, Bertrand de La Villegeorges and Guillaume Bouillot to accelerate the growth of Eudonet and continue its internationalization".
The founders added: "We are proud of the progress made since the company was founded in 2000, and we thank our current financial partner for their trust and support over the past few years. We are pleased to pass on the company to Antoine Henry and Quilvest Private Equity who will know how to pursue the company expansion while preserving its specificities".
Gaëlle Tanguy, Associate at NAXICAP Partners, concludes: "We thank the three founders and the Eudonet team, who have achieved an uninterrupted growth path over the past six years. Christophe Morizot, Guillaume Bouillot and Bertrand de la Villegeorges have enabled the company to become the French leader in CRM by doubling its size and offering an innovative technological solution. The three founders have also successfully embarked on an international expansion, in which Eudonet will accelerate its development with its new partners".
Sell-side Advisors
M&A Advisor: Bryan, Garnier & Co (Thibaut De Smedt, Alexandre Boukhari, Guillaume du Repaire, Pierre Cuer)
Legal Advisor: EDGE Avocats (Claire Baufine-Ducrocq), Eylau Avocats (Arnaud Godron, Charles Callaud)
About Eudonet (www.eudonet.co.uk)
Established in 2000, Eudonet is a publisher and integrator of generalist and vertical CRM solutions perfectly adapted to the needs of its customers. Available in Saas and On Premise mode, Eudonet solutions are used by more than 900 customers in France and around the world. Eudonet has offices in France, Canada and the United Kingdom.
About Quilvest Private Equity (www.quilvestprivateequity.com)
Quilvest Private Equity is the private equity arm of the Quilvest Group, a leading, global, independent wealth manager and private equity investor, with a presence in Europe, the Americas, Asia and the Middle East. Since 1972, Quilvest Private Equity invests and accompanies private small and medium sized companies in their strategic development over the long term. With a team of nearly 100 professionals investing both directly into companies and in funds and a global footprint (in Luxembourg, Paris, New York, London, Hong Kong and Dubai), Quilvest Private Equity manages approximately $5 billion of assets.
Quilvest Private Equity offers investment opportunities to its private and institutional investors on a large range of direct investments, private equity and private real estate funds, and through strategic partnerships, with a total alignment of interests.
About NAXICAP Partners (www.naxicap.fr)
NAXICAP Partners is a leading player in private equity in France and has 2.5 billion euros of capital under management. A committed and responsible investor, NAXICAP Partners builds a solid and constructive partnership for the success of their projects alongside the entrepreneurs with whom it partners.
About Bryan, Garnier & Co (www.bryangarnier.com)
Bryan, Garnier & Co is a European, full service growth-focused independent investment banking partnership founded in 1996. The firm provides equity research, sales and trading, private and public capital raising as well as M&A services to growth companies and their investors. It focuses on key growth sectors of the economy including Technology, Media, Telecoms, Healthcare, Smart Industries, Specialty Retail and Business Services. Bryan, Garnier & Co is a fully registered broker dealer authorized and regulated by the FCA in Europe and the FINRA in the U.S. Bryan, Garnier & Co is headquartered in London, with additional offices in Paris, Munich, Geneva, New York and New Delhi. The firm is a member of the London Stock Exchange and Euronext.