CDS Groupe lbo with Andera Partners

Leading European provider of business travel solutions to corporate customers and travel agencies welcomes Andera Partners as a new shareholder

Supported by IDI since 2020, CDS Group, a leading European provider of business travel solutions to corporate customers and travel agencies, welcomes Andera Partners as a new shareholder. This capital restructuring allows Ziad Minkara to take a majority stake in the company.

Cambon advised Andera Partners in this transaction.

Founded in 2001, CDS offers a complete digital platform enabling its customers (large companies and corporate travel agencies) to manage the entire hotel reservation chain for business travel, and generate savings on direct and indirect purchases. As an independent French leader and Europe's second-largest player, the Group provides technological solutions designed to meet the complex needs of its customers. By combining high-value tools and essential services - booking platform, support, payment and reporting solutions, and customized developments - the Group delivers an all-in-one solution, ensuring a reliable, high-quality customer experience.

This sponsorless deal provides for a restructuring of the Group’s capital around Ziad Minkara, founder and CEO, who intends to leverage the support of Andera Acto and IDI, a historic shareholder who is reinvesting as a minority shareholder, to continue the Group’s growth, particularly through external growth, in order to extend its international reach.