Transaction

Clearwater advises Advancy on the reorganisation of its capital through a quasi-equity financing brought by EMZ and a senior debt raising led and syndicated by LCL

Transaction

Advancy's reorganised capital

Sell-side

Undisclosed

Role

Adviser to the shareholders of Advancy in the reorganisation of its capital

Sector

Business Services

Region

France & Belgium

We have advised Advancy, a multi-specialist strategy consulting firm, on the reorganisation of its capital through a quasi-equity financing brought by EMZ and a senior debt raising led and syndicated by LCL.

Founded in 1999 and headquartered in Paris, Advancy is a leading international independent and multi-specialist strategy consulting firm, notably a leader in the chemicals industry. The group operates across five industries: chemicals, industrials, construction, pharma and life science, consumer goods and retail, luxury and entertainment.

The group is benefiting from a balanced portfolio of loyal blue-chip corporate, large private equity houses and funds portfolio companies.

Advancy operates worldwide through c.250 consultants including 10 partners, spread across 10 offices in Boston, Frankfurt, London, Mumbai, New York, Paris, São Paulo, Shanghai, Singapore, and Sydney.

The transaction consists of rebalancing the shareholding structure between younger talents and founders while optimising the capital structure.

business meeting people talk

The team has been instrumental in the success of our third OBO. They helped us find our own way, within two or three possible tracks, from the long list of eligible potential financial partners, amid the uncertainties of the credit markets in fall/winter 2022/23. All the way managing to put forward our unique strengths to make a clear statement for both investors and internal stakeholders. They never forced us but instead helped us find aspirational solutions. In a few words: the highest professionalism and business acumen, warm and highly efficient support throughout, and outstanding results.

ERIC DE BETTIGNIES, FOUNDER, ADVANCY

Advisers

Transactions