
NCI, BPI France support Welcome Media BIMBO
NCI and BPI France have bought stakes in Welcome Media, a France-based marketing and advertising agency.
NCI has bought a majority stake in the business, while BPI France has acquired a minority, a spokesperson from NCI confirmed to Unquote.
NCI has invested via its €100m Reprendre et Développer 4 vehicle, which closed on €100m in 2017.
New managers Frederic Boucher and Antoine Emeury – as well as existing members of management, Anne Dumon and Stephane Bour – joined as shareholders, Unquote understands.
Company
Founded in 2008 and based in Paris, Welcome Media is an advertising and marketing agency for media companies, brands and e-merchants.
The business, generating a €7m turnover and posting a €2.8m EBITDA, employs 30 people, according to French publication Capital Finance.
People
Welcome Media – Martin Comar, Louis Prunel (founders).
NCI – Hubert De Germay (partner).
Advisers
Equity – Groupe DSA (financial due diligence); Apollo Societe d'Avocats (legal).
Company – Volt Associes (legal).
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