Transaction

Clearwater advises Digidom on the sale of a majority stake to Anderson Business Advisors

Transaction

Digidom sold a majority stake to Anderson Business Advisors

Sell-side

Undisclosed

Role

Adviser to the shareholders of Digidom on the sale of a majority stake to Anderson Business Advisors

Sector

Business Services

Region

France & Belgium

We have advised Digidom on the sale of a majority stake to Anderson Business Advisors (owned by Sun Capital Partners).

Digidom, a French provider of business services for SMEs and startups, specialising in company domiciliation and legal formalities, announces an investment from Anderson Business Advisors (Anderson) to acquire a majority stake in the company.

Founded in 1999 and based in the United States, Anderson is a global provider of business services, including the creation and establishment of entities, the role of registered agent, and tax and accounting services. Anderson was acquired by a subsidiary of Sun Capital Partners, Inc., a major private investment firm, in March 2023.

The value creation in Digidom's core business is expected to be driven by global expansion, with the opening of several new offices in North America, Europe, and Asia. The management will also introduce new features to enhance the customer experience and plans significant investments to improve Digidom's digital platforms. Furthermore, Digidom and Anderson's clients are expected to benefit from the enhanced offering provided by the combination of the two companies.

147.Transaction

We are very pleased to welcome Anderson as a majority investor in Digidom, supported by Sun Capital's long experience in assisting business service companies in their organic growth and through coherent mergers and acquisitions. We are excited to remain invested as Digidom embarks on its next growth phase with the ambition to strengthen its position in France and expand internationally under the Anderson umbrella.

Julien Lancret, CEO, Digidom

Advisers

Transactions