CHICAGO, November 27th 2023
EFESO Management Consultants, the leading international pure player in operations strategy and performance improvement consultancy, is pleased to announce that it has signed together with Eurazeo an agreement with TowerBrook Capital Partners to join as a reference shareholder in EFESO Management Consultants. The transaction remains subject to applicable regulatory approvals.
The shared ambition of EFESO Management Consultants, Eurazeo and TowerBrook Capital Partners is to fuel EFESO’s next phase of global expansion and boost its pure player positioning. This comes on the back of five years of growth where EFESO has more than tripled its size, exceeding the €200M turnover mark in 2023.
With over 30 offices across the globe, EFESO Management Consultants is working side-by-side with its clients – from global brands to mid-sized organizations, privately-owned growing businesses, and Private Equity – to accelerate their transformation towards future-proof operations, relying both on its consulting services and the group’s one-stop-shop operational excellence SaaS platform, Solvace.
Bruno Machiels, co-CEO of EFESO Management Consultants, declared:
EFESO grew substantially thanks to the quality of our talent reinforced by new outstanding teams. Our current performance shows that clients value more and more the tangible results we realize and anchor together with them, exploiting our deep expertise. We welcome TowerBrook and Eurazeo as strong partners to continue our growth journey.
Over the years, the group has been strengthening its leading position across operations strategy and performance improvement, while pursuing its international development, achieving strong organic growth accelerated by a proven buy & build strategy. These have allowed EFESO to reach critical mass in the DACH and US markets while reinforcing its positions in key industries as well as Private Equity. EFESO also significantly strengthened its capabilities in product costing, innovation to industrialization, value engineering and decarbonization.
Luca Lecchi, co-CEO of EFESO Management Consultants, added:
During the last years our passionate consultants (including many new talent and teams) have significantly increased the breadth and the depth of our capabilities to better serve our customers. Together with our current and new financial partners we are excited to further strengthen our position of leading international pure player in operations strategy and performance improvement covering major industrial sectors.
Eurazeo has been supporting EFESO Management Consultants as a majority shareholder since 2019 and would be reinvesting through its successor fund, under a co-control framework with TowerBrook Capital Partners.
Pierre Meignen, Managing Director – Small-mid buyout, at Eurazeo said:
We are proud of the strong partnership we have created with EFESO’s management team over the last four years, and we are thrilled to renew this collaboration while welcoming TowerBrook onboard. We see significant opportunities for the group in the coming years, in Europe, the US and Asia-Pacific.
Jean Rollier and Fahd Elkadiri, Managing Directors, TowerBrook Capital Partners, declared:
We are proud to be investing in EFESO and partnering with Eurazeo and the management team. EFESO’s expertise, its strong positioning in its core markets and the quality of its people and management team were the main factors influencing our investment decision. We believe there continue to be important growth opportunities for the company, and we are as such very much looking forward to supporting the business in its next phase of development with the full contribution of our global TowerBrook eco-system.
About EFESO Management Consultants
EFESO is a leading international pure player consulting group in industrial operations strategy and performance improvement. We work side-by-side with our clients to accelerate their transformation towards future-proof operations. Each year, we deliver over 1,000 projects for clients across our 35 offices around the world, helping them achieve outstanding business outcomes, and sustainable change. Together with our clients, we aim at contributing to a better and more sustainable world.
At EFESO we work at all levels of the organization, from boardroom to shopfloor, to build momentum and ownership within customer companies. We support them in designing their operations strategy and execution, passing through improving and enhancing their day-to-day business performance and operations to drive end-to-end value chain performance.
We deliver faster, tangible and more sustainable results while concurrently building our clients capabilities that bring competitive advantage.
Eurazeo is a leading global investment group, with a diversified portfolio of €33.5 billion in diversified assets under management, including €23 billion on behalf of institutional and retail clients through its private equity, private debt, real estate and infrastructure strategies. The Group supports more than 600 mid-market companies, leveraging the commitment of its 410-strong workforce, its in-depth sector expertise, its privileged access to global markets, and its responsible approach to value creation based on growth. Its institutional and family shareholding, and its solid financial structure, enable it to have a long-term perspective.
Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo. Eurazeo is listed on Euronext Paris.
ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA.
About TowerBrooks Capital Partners
TowerBrook Capital Partners is a purpose-driven, transatlantic investment management firm that has raised in excess of $23.2 billion to date. As a disciplined investor with a commitment to fundamental value, TowerBrook seeks to deliver superior, risk-adjusted returns to investors on a consistent basis, guided by TowerBrook Responsible OwnershipTM principles which are central to the firm’s value creation strategy. TowerBrook partners with talented, experienced managers and senior advisors who share the firm’s values and support its investment objectives, providing capital and resources to transform the capabilities and prospects of the businesses in which it invests, driving better outcomes for all stakeholders. TowerBrook takes an entrepreneurial, multinational, single-team approach and since inception in 2001, has invested in more than 90 companies on both sides of the Atlantic. TowerBrook is the first mainstream private equity firm to be certified as a B Corporation, demonstrating leadership in its commitment to environmental, social and governance (ESG) standards and responsible business practices.
For more information, please visit www.towerbrook.com
ARGO-EFESO Media Contact:
Kara Wolfe, Marketing Manager
312.826.0109 or [email protected]