MBO Partenaires becomes MBO & Co and reaffirms its position on transformation projects relying on high-level management teams and solid and ambitious investment thesis.
A specialist in primary transactions within the French Small-Cap segment (companies valued between €20 million and €100 million), MBO & Co pursues its goal of continuing to improve its operational processes, organisation and governance. To accompany this performance objective, the MBO & Co team has been recentred in Paris and welcomes 2 experienced directors, Alexandre Chaton and Louis Petracco:
• Alexandre Chaton has almost 10 years of investment experience. Before joining MBO & Co, Alexandre spent 9 years with the 3i Private Equity team in France. He began his career in the field of mergers and acquisitions at Goldman Sachs. Alexandre graduated from the ESSEC Business School in France.
• Louis Petracco spent 4 years at Five Arrows Principal Investments (Private Equity arm of Rothschild & Co branch). He began his career with 5 years in Mergers and Acquisitions at Perella Weinberg Partners in London, before joining Morgan Stanley in Paris. Louis graduated from the Ecole Centrale Paris.
“This change of name, combined with a new visual identity and website, accompanies our dynamic strategy. We are delighted and very proud to welcome Louis and Alexandre, two experienced professionals who will strengthen the team and accelerate the deployment of MBO & Co’s strategic project,” Eric Dejoie, Partner and CEO of MBO & Co.
Finally, MBO & Co has entered into exclusivity with the Atalian Servest group for the carve-out of its activity around management and maintenance of landscape. The divested entity which primarily operates under the name Pinson Paysage has tripled its turnover in ten years and is now the 3rd highest-ranked player in France with a turnover of €73 million in 2018 and a projected turnover of €82 million in 2019.
“This carve-out operation will allow Pinson Paysage, led by its historic management team, to take advantage of the opportunities of the French market: favourable long-term prospects, high recurrence of activity and strong fragmentation. To be successful in its strategic project, Pinson Paysage will be able to rely on the proven experience of MBO & Co in its carve-out operations, as well as in supporting active build-up policies.” Xavier de Prévoisin, MBO & Co Partner.
This investment is the 11th operation by MBO Capital 4.