Groupe SVP, a services company for businesses and local authorities, has acquired FYM Conseil, a vocational training company founded in 1976 and based in Lorient, western France.
FYM Conseil has developed expertise in the areas of team management, business efficiency and personal development. Its training is designed to be pragmatic and innovative and is provided in the form of customised in-house training, classroom-based or distance learning. FYM Conseil also has a market research activity (satisfaction and quality).
FYM Conseil operates in a number of sectors, including banking, finance and insurance, transport and logistics, agriculture and agrifoods, retailing and wholesaling, public contracts, and press and media. It will generate annual revenues of €5 million at end August 2012.
Groupe SVP has been involved in the training industry since December 2010 following its acquisition of AGIF, which specialises in banking, finance and insurance training. The acquisition of FYM Conseil significantly expands Groupe SVP's training arm and makes it a major player in this market.
The acquisition is Groupe SVP's fourth since 2005 and represents a new milestone in its build-up strategy. It was completed with the support of Omnes Capital (formerly Crédit Agricole Private Equity), which first acquired a stake in Groupe SVP as part of a majority LBO in 2011.
Groupe SVP expects to generate revenues of about €60 million in 2012. Based in Saint-Ouen just north of Paris, it employs over 450 people in France serving a clientele of some 9,000 businesses, local authorities and consultancy firms.
Olivier Lenormand, Chairman of Groupe SVP, commented: "The acquisition of FYM Conseil consolidates our aim of becoming a major player in the vocational training market and clearly provides an excellent fit with our existing core business. This new acquisition is part of a growth strategy designed to strengthen the company through targeted build-up with the aim of becoming a leading player in high value added BtoB services. Omnes Capital, our equity partner, provides us with the resources to achieve our strategic goals."
Bertrand Tissot, Director at Omnes Capital, added: "We are proud to support Groupe SVP in its long-term build-up strategy. The acquisition of FYM Conseil is a new milestone in its expansion and paves the way for further acquisitions in France and abroad."
Bertrand Tissot, Director, LBO & Expansion
Benjamin Arm, Investment Manager, LBO & Expansion
Purchaser's financial audit advisor: Accuracy (Nicolas Barsalou/Vanessa Delaage)
Purchaser's legal structuring advisor: Redlink (Thomas Rabant/Elisabeth Denis)
M&A advisor: Synercom (Bernard Besson)
BNP Paribas: Virginie Gasnier/Nicolas Lenain (Agent)
CADIF: Virginie Latour (Co-arranger)
Banque Palatine: Eric Loze (Co-arranger)
Martine Sessin-Caracci, email@example.com – +33 1 43 23 90 88
Caroline Babouillard, firstname.lastname@example.org – +33 1 44 50 58 72
Khadia Henicker, email@example.com – +33 1 47 87 40 11
About Groupe SVP
Groupe SVP helps decision-makers to improve their skills in managing and developing their business or local authority and to adapt to the new situations they face in exercising their responsibilities.
Through its subsidiaries, Groupe SVP operates in four core businesses:
SVP: information and decision support in management and business development
Business Fil: legal information and content via phone and online
E-Paye: payroll management and outsourcing and HR services
Agif: training and skills development in banking and insurance
Groupe SVP generated revenues of €50 million in 2011 and employs 450 people. It is headed by Olivier Lenormand, Chairman, and François de Laubier and Bertrand Degruson, Deputy Chairmen.
About Omnes Capital (formerly Crédit Agricole Private Equity)
Omnes Capital is a major player in private equity, with a commitment to financing SMEs. With €1.9 billion in assets under management, Omnes Capital provides companies with the capital needed to finance their growth and with key expertise in a number of areas: LBO & Expansion Capital, Venture Capital in technology and life sciences, Renewable Energy, Secondary Funds of Funds, Co-Investment.
Omnes Capital, formerly Crédit Agricole Private Equity, was a subsidiary of Crédit Agricole until March 2012 when the company was acquired by Coller Capital, the global leader in the secondary private equity market.
Omnes Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). www.omnescapital.com