Meeschaert Capital Partners, supported by a pool of investors (IDIA Capital Investissement, two Crédit Agricole branches and SWEN Capital Partners), in addition to circa 40 managers, takes a majority share in the transport operator for mail and small parcels with regular and fixed schedule deliveries company TCS.
Founded in 1972 by Jean Clavel, TCS was historically addressing banking and insurance sectors, and diversified its activities to administration office, health and drugstores. TCS plans to consider and develop new markets all along its build up strategy.
The company achieves a € 92M revenue for 2016, counts circa 30 agencies in France, and delivers 35 000 business points daily for its circa 2 000 clients thanks to its 24/7 fixed schedule deliveries service.
Neovian Partners has assisted Meeschaert Capital Partners in its thorough understanding of TCS business, positioning amongst market players, and in the assessment of its future diversification and build up business plan.