Isatis Capital, Entrepreneur Venture back Everwin MBO

The management team, led by founder and president Tony Penochet, acquired a majority stake in the software publisher.

French publication Capital Finance reported that PE firm Carvest and several unidentified individual investors sold their 30% stake in the business. 

Senior debt for the transaction was provided by banks Crédit Agricole and LCL.  

Company
Founded in 1995, Everwin is a software publisher specialising in business management for SMEs, including client relationship management, enterprise resource planning and collaborative web platform services. Everwin posted a €13m turnover in 2017 and employs 135 people. Headquartered in Etampes, the business operates nine agencies.

People
Everwin Group – Tony Penochet (CEO).  
Isatis Capital – Laurent Baudino (director). 
Entrepreneur Venture – Bertrand Folliet (managing partner).

Advisers
Company – Fidal (legal); NFinance (corporate finance).
Equity – UGGC (legal); Mayfield Partners (corporate finance).  

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