Consort NT lbo with Tikehau & BNP Principal Investment

The management of one of France's leading IT services companies gains its independence

Ardian Growth, Naxicap Partners and Apax Development have sold their minority stake in Consort NT, the digital services company. This OBO-type operation allows the management team led by Jason Guez, Chairman and majority shareholder of Consort NT, to hold the entire capital of the company.

Created in 1992, Consort NT is one of the leading French digital agencies specializing in Data, Digital and Infrastructure. The Company designs, operates and maintains technological solutions addressing the businesses of its customers, computing and storage capacities and uses including banks, insurers and telecom operators.

Ardian Growth, Naxicap Partners and Apax Development supported the organic and external growth of the company. After optimizing its organization through the strengthening of its management, Consort NT has confirmed its position on innovative issues by developing a dedicated division, "Applications" and by acquiring Estia - Consulting firm in Data and Data Analysis. 'Altea - Consulting firm in the Test in 2016. The company generates more than 150 M € of turnover and has 2,200 people based in France, Belgium, Germany, Luxembourg and Morocco.

Jason Guez, President of Consort NT, says: "I am proud and happy to share the NT Consort adventure with my team. Our journey with financial partners will have been a real accelerator and a source of education. Our independence, driven by Elie Cohen (DG) and Stephan Mardel (DAF), confirms our daily enthusiasm and our common vision: the development of an International Technological Consulting Group, multi-specialist and with family culture."

Laurent Foata, Head of Ardian Growth, adds: "We are happy to have been able to support Consort NT since its first capital operation, by joining us on the long term alongside Jason Guez. Over the period, the company has multiplied by five its turnover and has increased from 400 to more than 2,000 employees. Congratulations to the entire Consort NT team, which we believe will continue to grow."

Alban Sarie, Investment Director at Naxicap Partners, thanks Jason Guez and his teams for their trust and the quality of their collaboration over the last 10 years. He concludes: "Jason Guez has managed to lead the development of its business and its profitability while organizing three successive LBO operations allowing him today to concentrate with his management the entire capital of the group."