Paris, November 19, 2019. Neovian Partners’ teams accompanied the investment fund Amundi Private Equity Funds in carrying out a business due diligence for its entry into the capital of the ADIT group.
The Agency for the Diffusion of Technological Information (ADIT) was created in 1992 and is the European leader in economic intelligence.. Headed by Philippe Caduc, it employs more than 200 employees and had a turnover of €75M in 2018. Amundi PEF becomes a shareholder, alongside the fund Parquest Capital, which succeeds Weinberg Capital Partners as majority shareholder, and Bpifrance, which remains a shareholder.
In this acquisition process, Neovian Partners supported Amundi PEF by providing a study of trends in the business intelligence and cybersecurity markets on a European scale. The teams analyzed the growth levers of the sector and the evolutions of the needs linked to the new forms of threats which weigh on the public and private actors. The analysis of the competitive landscape in which ADIT operates has also highlighted the major differences between generalist and specialist players as well as the major consolidation trends in the market at present and in the future.
With the support of new financial partners, ADIT hopes to double its EBITDA over the next five years, notably through external growth in Europe in the fields of economic intelligence and business diplomacy.
As economic intelligence and cybersecurity are poorly documented and highly confidential, Neovian Partners’ teams have put their skills at Amundi PEF’s disposal to decipher issues related to geopolitics and national sovereignty.
“At a time when national sovereignty in terms of information is being debated, the security of this information is more than ever a major issue, both from the point of view of public and private players. We are very pleased to have been able to work on business intelligence and cybersecurity, two sectors we know very well, and to have been able to reconcile both their geopolitical and technical dimensions.“
Patrick Richer, Chairman and Founder, Neovian Partners
About Neovian Partners
Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com