Squad investment from Apax Partners Development

EPF Partners (Apax Partners Development) accompanies the digital transformation and cybersecurity specialist

Cambon Partners has accompanied Squad’s management in the reorganization of its capital, with the entrance of Apax Partners Development.

Created in 2011 by Eric Guillerm and Marc Brua, Squad sets itself apart by its impressive growth. After just six years of business, the group expects to turn over 27 million euros in 2017. With 300 employees across five locations (Aix-en-Provence, Sophia-Antipolis, Paris, Toulous and Lyon), the company consists of three complementary divisions: cybersecurity, infrastructure virtualization and digital transformation. The specializations have allowed Squad to become a digital market leader for key clients.

For the next stage in the company’s development, management has chosen to partner with EPF due to its track record in working with growth companies. The fund EPF IV’s entry into Squad’s capital will allow the founders and their team to maintain control over the group’s activity while benefiting from new means of accelerating its growth, either organically or by making targeted acquisitions, to strengthen its cybersecurity division.

Marc Brua and Eric Guillerm said of the transaction: “We’re pleased to welcome EPF as a shareholder and hope to benefit from their industry experience. Our goal is to position ourselves as the go-to partner for desirable large groups by making the most of new information systems, applications and secure, reliable infrastructures”.

Isabelle Hermetet, partner at EPF partners, said: We can’t wait to work with Marc Brua and Eric Guillerm’s team. Their agility across three domains makes complex projects possible. This is apparent in the company’s remarkable growth.”

Jonathan Journo, director at Cambon Partners, added: “Squad is a perfect example of our ideal client: clear positioning and impeccable operational management. We’re thrilled to have completed a second operation with two entrepreneurs that have become good friends of Cambon. We previously sold another of their companies to Ausy in 2007.”