Cinven lbo with Artefact

Cinven, an international private equity firm, has entered into exclusive negotiations to acquire a majority stake in Artefact for a valuation exceeding €1 billion

Established in 2014 and headquartered in Paris, Artefact combines deep expertise in data science and AI, and partners with leading enterprises to design and implement innovative, AI-driven strategies. The company supports its clients to realise the full value of their data to enhance decision-making, drive growth and deliver personalised customer experiences at scale.

The investment by the Cinven funds is underpinned by several attractive characteristics including Artefact's leading position in the large, high-growth data and AI consulting sector, impressive financial track record with high-quality revenue streams from blue-chip customers, a differentiated and scalable global platform reinforced by a successful M&A track record, and strong senior management team led by co-founders Vincent Luciani and Guillaume de Roquemaurel.

This partnership represents a strategic step forward, enabling the company to become the leading global independent consulting firm and one of the largest international players, with a fast-growing presence across all continents.