Euroconsult has announced a major process of evolution for the group and its shareholders. Following the firm’s recent celebration of forty years in the business, it has onboarded new investor BNP Paribas Development, who will join CEO Pacôme Révillon and the other new and existing shareholders.
Meanwhile, a wider restructure will see more responsibility provided to its current management team and some legacy shareholders stepping down. The full integration of all the group’s subsidiaries is set to strengthen the synergies between its various businesses, with engineering arm Satconsult moving to a wholly-owned status, in a move that the company believes will simplify operations and ensure that more value is created for customers and partners.
CEO Pacome Revillon, who is among those who have underlined their commitment to the company through significant reinvestment, stated “It’s a thrilling time as we celebrate forty years of excellence in our field, target further growth and welcome the arrival of BNP Paribas Développement to the group. Euroconsult increased its size by 60% in the last three years, refining and expanding our operations, whilst reinvigorating our team to ensure we can continue delivering the highest level of value for our clients. I would like to thank departing shareholders for the role they have played in our incredible journey so far, with some being present since the company inception. To those new shareholders who have joined us for this next stage in evolution, I wish to share my appreciation for their vision and confidence in the group’s high prospects. Finally, I would like to thank the advisers who contributed to the success of this exciting process, including Equideals, Vaughan Avocats and FCN.”
On the company’s investment, BNP Paribas Développement’s, Philippe Duny stated, “As an organization that views the global commercial space sector as a high potential growth area, we couldn’t be more pleased to have joined the Euroconsult family. We look forward to supporting Euroconsult’s important role in the space ecosystem as they build upon four decades of success, strengthening their group in a manner that aligns neatly with the company’s core values and vision for continual improvement in market intelligence, consultancy services, technology consulting and executive events
& training”.
