The change of leadership has been in the works for several years and will be accompanied by the creation of a new Management Board chaired by Xavier de Prévoisin. Outgoing CEO Eric Dejoie will now chair MBO+’s Supervisory Board.

This transition is an opportunity to strengthen MBO+’s management structure with a Management Board to ensure it successfully executes its strategic plan. It will be made up of former Trescal CEO and MBO+ partner Olivier Delrieu, the new COO, set to arrive in September 2024, and chaired by Xavier de Prévoisin.

This change of leadership comes at an exciting time for MBO+: In 2024, it completed one of the key phases of its strategic plan—building the benchmark investment platform for French lower mid-cap companies, one that combines performance with sustainability. It achieved this by creating two new vehicles, alongside its longstanding MBO Buyout fund:

• MBO Flex—initial closing at €100m with a final target of €200m—which is designed to meet entrepreneurs’ growing demand for equity to finance projects without overly diluting their ownership.
• MBO Continuation (€190m), which paves the way for a new round of development for its stakes in Osmaïa and Groupe LT. These two portfolio companies have tremendous potential and will continue to pursue their buy-and-build strategies at the pan-European level.

 

MBO+ can now offer its investor clients three different and complementary risk/reward propositions.

“With Eric at the helm, in recent years we worked diligently to build a clear strategic and operating framework so we could be more innovative, smarter, and perform at a higher level. Our goal was to adapt MBO+ to our changing and create more value for our clients, better support our entrepreneurs, and enhance our positive social and environmental impact. My role now is to accelerate the implementation of this strategic plan with the enthusiastic backing of all our teams.” Xavier de Prévoisin, CEO of MBO+.

“Since I first took the reins at MBO+, I’ve always had an eye on the succession plan. MBO+ is a group effort first and foremost, and everyone here deserves a future that is well thought out and not reliant on any one individual. I am so pleased to be entrusting the company to the new Management Board led by Xavier. We have been getting ready for this for a long time. We trust each other completely and have big dreams for MBO+.”  Eric Dejoie, MBO+ Supervisory Board Chairman.