LT Capital acquires Global Partner
LT Capital has acquired France-based IT consultancy Global Partner.
The company aims to establish further offices in France, as well as improve its service offering and customer services, according to a statement. According to Capital Finance, the company has experienced recent growth of 15-20% per year.
LT Capital is currently deploying equity via LTC III, which held a final close in September 2018 on €105m, surpassing its target of €100m. The fund deploys equity tickets of €2-12m, focusing on France-based businesses and taking minority or majority stakes.
Senior debt to support the buyout was provided by Banque Populare.
Company
Global Partner is an IT consultancy that serves France-based SMEs, providing services including data security, remote working and digitalisation projects. The company is headquartered in Rosny-sous-Bois, with additional sites in Bondy and Saint-Quentin-Fallavier. Global Partner was founded in 2010 and has 39 employees, according to LinkedIn.
People
LT Capital – Véronique Policard (general manager).
Global Partner – Sébastien Bauduin (founder).
Advisers
Equity – Advance Capital, Olivier Poncin, Pascal Ripaux, Ronald Gomez, Abdel Diallo (financial due diligence); Latournerie Wolfrom Avocats, Pierre Lafarge, Marianne Cucuron, Justine Conrard (legal).
Company – Clearwater International, Jonathan Bursztyn, Sophie Lerond, Lucas Genot (corporate finance); McDermott Will & Emery Fabrice Piollet, Maxime Fradet, Edouard Cluet, Antoine Vergnat, Côme de Saint-Vincent, Pierre-Arnoux Mayoly, Stanislas Chenu (legal); Alvarez & Marsal, Jonathan Gibbons, Samih Hajar, Romain Torres (financial due diligence).
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