On the 25th July, MML Capital invested into SVP group, a major player in business services in France, to support growth. The group’s management team have also invested alongside MML to support the strategic plan and build the business.
SVP Group generates €65 million in revenues and EBITDA of €10 million, in particular in France (as a leading player in its field) and North America.
The group intends to speed up development in three core areas (information services and decision support, payroll solutions and HR services, vocational training), both in France and internationally, and expand internationally further into North America.
The deal was also backed by the incumbent banks, BNP Paribas, Crédit Agricole CADIF and Banque Palatine.
Olivier Lenormand, President of SVP Group, said: "To support our strategy for the coming years, we wanted a partner that shared our values and our vision for the future of the group. We found it with MML Capital, whose involvement with us will be a key asset in helping us to continue our development, both in France and abroad! "
Henry Louis Mérieux, Managing Partner of MML Capital, said: "We have great pleasure in accompanying the group in this new phase of development. The excellent positioning in BtoB business and growth plans in France and abroad, with the selective acquisition opportunities, makes this an MML style deal. "