ACXIAS

A DEAL ORCHESTRATED BY CARMINE CAPITAL THAT ENABLES ACXIAS TO LEVERAGE THE EPSA GROUP’S GLOBAL POSITION AND STRENGTHEN ITS INTERNATIONAL PRESENCE.

This partnership, which takes the form of a minority stake, confirms the strength of ACXIAS’s business model and strengthens its ability to support strategic, global digital transformation projects. For its part, the EPSA Group will enhance and reinforce the value it delivers to its clients by integrating ACXIAS’s expertise. EPSA is acquiring a minority stake.

ACXIAS is an IT services company specialising in the integration of digital solutions designed to maximise operational efficiency and performance in purchasing, the supply chain and finance, particularly through SAP Ariba software. Named Partner of the Year for this solution, ACXIAS is also certified by SAP for SAP S/4HANA Cloud Public Edition (GROW).

With over 500 successful projects for clients across all sectors and of all sizes, including prestigious companies such as Engie, Carrefour, Axa and ArcelorMittal, ACXIAS has established itself as a major player in its sector. Based in Paris, the company has also expanded internationally with offices in Switzerland, China and Mauritius. Thanks to its specialized expertise, strong partnerships and the trust of its clients, ACXIAS has experienced exceptional growth, quadrupling its turnover over the last four years to reach over €8 million in 2023.

The EPSA Group is a European performance optimisation consultancy. Recognised for its technical expertise and the diversity of its business specialisms, the EPSA Group offers a comprehensive range of services to support its clients’ financial performance, strengthen their operational expertise and accelerate their environmental transitions. EPSA is supported by several investment funds – Towerbrook, Raise, Capza, Bpifrance and Crédit Mutuel Equity – while remaining controlled by its founder, Matthieu Gufflet. As an international partner, the EPSA Group has nearly 3,200 employees and operates in over 40 countries. EPSA has experienced sustained growth since 2021 and generates net revenue of €500 million with a diverse client portfolio (over 5,000 clients) ranging from the smallest start-ups to the largest accounts, including 38 in the CAC 40. Since its creation, the group has completed nearly 30 acquisitions, thereby strengthening its development and diversification.

The key to success? 

Thanks to Carmine Capital’s proven expertise in business disposals within the digital transformation sector, the transaction was structured in an optimised manner, perfectly aligned with Acxias’ strategic objectives.

This tailored support enabled us to meet the shareholders’ specific ambitions, while ensuring a targeted approach to identifying the ideal partner. The selection of EPSA was based on an in-depth analysis of client and business synergies, growth potential, and cultural and entrepreneurial compatibility. Finally, access to a leading international network played a decisive role in identifying the strategic partner able to support Acxias in its next phase of growth.

Verbatim

“We were pleased to work with the M&A consulting firm Carmine Capital on the strategic and capital transaction between ACXIAS and EPSA. Their expertise and support throughout the process were exemplary. Thanks to their professionalism and in-depth understanding of our needs, this transaction was a true success. We are fully satisfied with their service and highly recommend them.”

For more information about this operation, please contact: Germain Simoneau, Shamina Hassanaly, Mariia Krasnikova.

INTERVENERS

 ACXIAS

• Executives: Bertrand Gabriel, Guillaume Vassaux, Yu Cai, Benoit Kersalé
• M&A Consulting : Carmine Capital (Germain Simoneau, Shamina Hassanaly, Mariia Krasnikova)
• Legal Advisory : Grand Est Avocats (Pierre Mencarelli)

EPSA

• Executives: Matthieu Gufflet, Bertrand Mabille, Arnaud Myrtil, Cindy Lecareux
• Due Diligence : KPMG TS (Stephane Kuster, Jade Leprince)