07 December 2022

Teolia x Adaxtra

LBO

Secteur Consulting & Technology Services

Teolia, digital transformation specialist and agile method expert, diversifies its shareholding and welcomes ADAXTRA Capital to support its strong development

Client Teolia

Teolia is a group of professionals combining emotional intelligence and technical expertise, united around a mission: to make the link between user experience and technology. Our ambition is to reinvent the local service with a Talent & People Centric approach. With our community and digital learning models, our employees are equipped with the collective energy and motivation to boost the success of client projects. Teolia works in the consulting and engineering fields to devise customized solutions and implement them with the degree of excellence that our clients are entitled to expect. Our expertise covers the management of Transformation Projects, the implementation of Product Management, CloudDevOps transformation, Data Management, and Engineering. Resolutely human and resolutely committed, Teolia places transmission and sharing at the heart of its practices.

Contrepartie Adaxtra Capital

Adaxtra Capital, a French private equity firm, manages nearly €450 million of assets on behalf of more than 500 clients. With its expertise in supporting talented entrepreneurs and investing in private equity funds, Adaxtra Capital offers its clients a wide range of investment opportunities. The team, composed of experienced individuals with complementary multi-sector skills, is particularly sensitive to the human values of the managers it supports. Its aim is to build long-term partnerships based on trust and respect. ADAXTRA Capital is a subsidiary of BRED Banque Populaire.

Founded in 2014 by Lucienne Jacquet, former VP Capgemini, Teolia is initially positioned on transformation project management. With the significant growth of more than 25% per year, the offer has gradually diversified towards the agility of client systems and the implementation of time-to-market, through the technical and methodological expertise of experienced consultants.

Teolia owes its rapid development to a modern business model orchestrating a delivery model composed of salaried consultants and qualified and certified Teolia Hub subcontractors. The company is thus able to address the needs of its clients, both large and small, with precision and responsiveness.
With three offices in Lille, Lyon, and Paris and more than 180 consultants on assignment with its clients in 2022, the company will reach
the company will reach a turnover of 21 million euros. This growth, which has been organic until now, allows the management team to aim for €50 million in turnover within 5 years.

After a competitive process organized by PAX Corporate Finance, the ADAXTRA Capital team was able to convince Lucienne and Frédéric Jacquet of their ability to accompany them in this new phase of development for Teolia.

ADAXTRA Capital’s team will bring its experience in supporting fast-growing companies in the IT services sector to management. This new shareholder will also give Teolia the necessary means to carry out its first external growth operations in a consolidating market. As part of this transaction, the founders will retain a large majority of the capital and will organize the entry of key employees into the capital.

Lucienne Jacquet, President of Teolia declares "we chose ADAXTRA Capital for its expertise in external growth, the quality of its network, and its long-term vision capable of implementing a solid and sustainable strategy. The proximity of the ADAXTRA team and its ability to get involved in a very concrete way with companies to help them grow are valuable assets. We are delighted to welcome our new investor on board and thank him for the trust he has placed in us today.

Thibaut Penhoat and Xavier Goblot, Investment Directors at ADAXTRA Capital, said: "We were immediately attracted by Lucienne and Frédéric Jacquet and by the robustness of the business model developed by Teolia. We are delighted to support Teolia's teams in this new phase of growth and are convinced of the significant development potential in a consolidating market".

Secteur lié

Consulting & Technology Services

PAX Corporate Finance is the leading investment bank in the consulting and technology services sector. For over 20 years, we have been supporting entrepreneurs in these industries with nearly one hundred successful transactions.