- Eurazeo acquired a majority stake in EFESO in 2019
- Eurazeo will reinvest via its successor fund as part of a co-control framework with TowerBrook
- TowerBrook is a transatlantic investment management firm
TowerBrook Capital Partners has agreed to become a reference shareholder in EFESO Management Consultants, an international consulting company in industrial operations strategy and performance improvement.
Eurazeo, EFESO’s majority shareholder since 2019, will reinvest via its successor fund as part of a co-control framework with TowerBrook.
Eurazeo will invest around €115 million in equity and over €290 million together with TowerBrook and EFESO Partners.
EFESO’s partners will consolidate their shareholding in the company with over 65 partners substantially reinvesting their proceeds, according to a release. Additionally, there are plans to open the capital pool to over 100 principals and managers, the release said.
Paris-based EFESO has tripled in size over the last five years and generated over €200 million in revenue in 2023.
The group has strengthened its market position across operations strategy and performance improvement, while simultaneously pursuing its international expansion, achieving strong organic growth accelerated by a proven buy and build strategy, the release added. EFESO has also strengthened its capabilities in product costing, innovation to industrialistion, value engineering and decarbonation.
This transaction will aim to boost the growth of EFESO’s SAAS scale up Solvace, the release said.
“We see significant opportunities for the group in the coming years, in Europe, the US and Asia-Pacific,” said Pierre Meignen, MD– small-mid buyout, at Eurazeo.
The transaction is subject to regulatory approvals.
TowerBrook is a transatlantic investment management firm based in London and New York.
Eurazeo is a global investment group based in Paris.