Norman K. is an innovative, independent and international wealth management platform. MBO+ takes a minority stake in the company and partners with its founding managers to accelerate its development.
Founded in 2021 Noman K. is based in Paris, London, Geneva and Nice. Norman K. offers its customers 360° expertise, supported by a dedicated multidisciplinary team of over 60 people. This open-architecture platform model enables in-house design of tailor-made solutions and is built around 4 main pillars: portfolio management, financing (real estate and corporate), corporate advisory services and wealth structuring to cover all the needs of an international clientele of entrepreneurs and families. Norman K. embodies a new vision of wealth management, offering a one-stop-shop approach combining ultra-personalization, performance and innovation. Norman K. caters for direct clients and also opens its platform to BtoB clients, including wealth management advisors, family offices and other institutional clients.
Since its creation, the company has made remarkable progress, posting 50% growth and a net inflow of almost 300 million euros in 2024. At the same time, it was managing almost 1.5 billion euros in assets, with the aim of crossing the 2 billion euro mark by 2025.
A very strong base, accompanied by a major structuring effort, from which the founding partners Olivier Liot, Mathieu Mercati, Brice Monvoisin and Jean-Philippe Petit wish to launch and deploy an ambitious external growth strategy in France and Europe. They have chosen MBO+, a partner that will support them strategically and capital-wise in the continuation in their entrepreneurial adventure.
“We are convinced that MBO Flex is the best team to meet the challenges ahead, thanks to their in-depth expertise and perfect knowledge of our industry. With MBO+, we have found a strategic ally to realize our ambition: to become one of the finest wealth management platforms in Europe and beyond.” Olivier Liot, Partner and co-founder, Norman K.
“The entire MBO Flex team is delighted with the partnership with Norman K. Firstly, because we are joining forces with a talented team with whom we are perfectly aligned. But also because Norman K is one of the most innovative companies in its fast-growing market segment.” Franklin Henrot, MBO+ Partner in charge of MBO Flex strategy
“This transaction is in line with our investment strategy, which is to support the growth ambitions of management teams while limiting their capital dilution” Pauline François-Poncet, MBO Flex Investment Director.
This first investment is in line with the objectives of the MBO Flex fund: to meet the needs of talented entrepreneurs by enabling them to finance organic growth, acquisitions and shareholder reorganization projects, while limiting their dilution.
This strategy also meets the demand of certain MBO+ investor clients who wish to deploy their capital in the French lower mid-cap segment with a controlled risk/return profile.
After a first closing in July 2024 at €100m, the second closing of MBO Flex is scheduled for 2025.