About the deal

Capitalmind Investec advised Meogroup – a leading business performance consultancy firm – in structuring a secondary MBO backed by Andera Expansion, allowing the exit of Azulis Capital (which invested in the group in 2018) and non-operating partners.

Meogroup is a €100m business performance consultancy firm with operations in 9 countries and over 850 employees. Historically recognized for its know-how in procurement and project management, the group expertise now encompasses supply chain management, indirect procurement, cost management, redesign-to-cost, recruitment, transition management, training and coaching thanks to uninterrupted organic growth since its inception by Richard Caron in 2005 and five acquisitions over the last three years (Cristal Décisions and Masaï in 2021, EIPM, SolvH.A, and Cost House in 2023).

Capitalmind Investec assisted the shareholders and management of Meogroup in conducting the process, leading Andera Partners to become the new minority financial shareholder. This milestone will also enable Meogroup to accelerate its development ; management aiming at doubling in size by 2027 through upmarket offering, geographical expansion, and the continuation of its targeted external growth strategy.

What we did

Capitalmind Investec has advised Meogroup management throughout the process:

• Deal preparation: deal structuring, defining possible deal tactics, marketing material preparation;
  
• Deal execution: assessing key challenges for the next development phase and selecting best suited candidates to support management ambition, monitoring due diligence phase, and providing support during final negotiations;
  
• Financing: negotiating and securing the financing with lenders.

“I was very pleased to work with Capitalmind Investec. The team managed the whole process perfectly, was always there and never gave up. I particularly appreciate that they are not “ordinary” investment bankers: they are entrepreneurial and service-oriented, always responsive, agile and especially supportive of their client.”

Richard Caron, CEO, Meotec