ETF Partners exits Enablon in €250m deal

The exiting GP had originally invested around €10.4m of growth capital in the group in June 2011. Wolters Kluwer has acquired the entire business in the transaction.

With ETF's backing over the last five years, the business has seen its turnover reach around €45m. Enablon increased its international expansion and enhanced its product portfolio, growing its customer base to 1,000 companies in 160 countries.

ETF stated that Enablon had increased investment in R&D, sales and marketing over the last few years to support revenue growth; the company expects to reach approximately €55m in revenues in 2016.

As for Wolters Kluwer, the acquisition is expected to help the Netherlands-based company strengthen its existing portfolio of legal and compliance software services. Enablon will look to keep expanding its offering in existing and adjacent markets.

Company
Enablon provides a sustainability, environmental, health & safety and operational risk management software.

Enablon had revenues of approximately €45m in 2015, of which 57% was derived from North America, around 39% from Europe and the remainder from Asia Pacific and the rest of the world. The company was founded in 2000 and is headquartered in Courbevoie near Paris with additional North Amercian headquarters in Chicago and offices in Houston, London, Madrid and Montreal.

Wolters Kluwer provides global information services for professionals in the health, tax, accounting, risk, compliance, finance and legal sectors. Headquartered in Alphen aan den Rijn, the Netherlands, the group reported annual revenues of €4.2bn in 2015. It serves customers in 180 countries and employs 19,000 people worldwide. The company is listed on Euronext Amsterdam.

People
ETF Partners – Rob Genieser (managing partner); Fabrice Bienfait (partner).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• France
• Technology
• Trade sale
• France
• Venture