Tikehau backs Maltem

The GP is investing via its fund Novi 1, closed on €290m in 2015. The vehicle is backed by Caisse des Dépôts, as well as 21 insurers, many of which are members of the Fédération Française de l'Assurance, Unquote understands. 

Novi 1 typically invests between €3-20m in debt and equity in French businesses with a turnover ranging between €30-200m, and takes part in expansion, growth capital, debt and quasi-equity transactions. 

Tikehau invested up to €18m in the business, acquiring a minority stake from founders Pascal Mennesson and Jean-Luc Clamen, according to French publication Capital Finance.

Previous funding
Apax France acquired the business in 2007 and sold it back to its founders in 2016. At the time of the original buyout, Apax France was investing via its Apax France VII vehicle, closed on €700m in 2006.

Company
Founded in 2002, Maltem specialises in supporting large groups, startups and NGOs in the digitalisation of their services, advising on areas such as IT, communication, digital marketing and data management.  

The group employs 1,000 people and operates offices in nine countries across Europe, Asia and Africa. Maltem generated a turnover of €100m in 2017, according to several press reports.

People
Maltem – Pascal Mennesson, Jean-Luc Clamen (founders).

Advisers
Equity – Exelmans (corporate finance), Hoche Societe d'Avocats (legal).
Company – Cambon Partners (corporate finance); Chammas & Marcheteau (legal); Oderis Consulting (corporate finance).

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

• Topics
• Expansion
• France
• Media
• France
• Tikehau Capital