Capitem backs Cortex MBO

Following the deal, founder and CEO Philippe Marill will hold a majority stake.

The company has been acquired from trade vendor AM Trust, which has held a majority stake since 2011 and will completely divest its stake via the transaction. However, three managers of AM will individually acquire stakes in Cortex.

Senior debt for the transaction was provided by the company's historical backer, bank Caisse d'Epargne Île-de-France, alongside a new lender, Banque Populaire Rives de Paris.

Company
Founded in 1997 and located in Neuilly-sur-Marne, Cortex provides incoming and outgoing mail outsourcing, document digitalisation, virtual signatures and voting system services.

The company generates revenues of €10m and employs 90 people, according to its website.

People
Cortex – Philippe Marill (founder, CEO).
Capitem Partenaires – Stéphane Grès (founding partner).

Advisers
Equity – Exco (financial due diligence); Delsol Avocats (legal).  
Company – Wagram Corporate Finance (corporate finance); Lamartine Conseil (legal).  

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

• Topics
• Buyouts
• France
• Industrials
• France