29.05.2015

Cobepa acquires majority stake in Exclusive Group

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Exclusive Group, the global value added services and technologies group, today announced that it has received substantial new corporate investment from Cobepa to take a majority stake in the business. Cobepa, an independent, privately-held investment company headquartered in Belgium, with a net worth of 1.6bn€, will be joined by Edmond de Rothschild Investment Partners who are re-investing for the third time.

In addition to the investment, Exclusive has also secured a new finance facility from existing financing partner, UK based Intermediate Capital Group (ICG).  These new financial arrangements give the Group the platform to deliver the next phase of business growth. 

We’re delighted to welcome Cobepa as an investor, and feel that their decision demonstrates confidence in the direction of the business and in our strategy for further market scale and share,” said Olivier Breittmayer, CEO of Exclusive Group. “The Group’s goal to hit €1bn revenues by 2017 is further assured by this investment, which will allow us to develop more services and identify and capitalise on new opportunities within the markets and sectors that we operate in.

Jean-Marie Laurent Josi, Managing Director of Cobepa said: “Exclusive Group perfectly represents the type of organisation we look to invest in: an established company with a solid business model, sustainable market position and strong management team.  We’re looking forward to working closely with Olivier and his team to help them build on their phenomenal success to date, and achieve the next phase of growth.

Precise details of the investment are confidential, but it includes the possibility to access a finance package of over 100m€ to be used to support current business plans including the geographic expansion of the Group’s value adding distribution businesses; further development of Big Technology, its data centre transformation unit; increasing the footprint of the IT leasing division Exclusive Capital; and further growth for ITEC, the global logistics and services business acquired in December.

> press release

 

Company: 

Cobepa S.A.

Cobepa S.A.
Rue de la Chancellerie 2, box 1
1000 Brussels
Belgium
Tel: 
+ 32 2 213 32 10
Fax: 
+ 32 2 513 17 02

Cobepa North America Inc.

Cobepa North America Inc.
Tower 49
12 East 49th Street
New York, NY 10017
United States
Tel: 
+1 (646) 679 5177

Ibel Beteiligungsberatung GmbH (Member of Cobepa Group)

Ibel Beteiligungsberatung GmbH
Theresienstrasse 1
80333 München
Germany
Tel: 
+32 2 213 32 10