MCI opens its capital to EMZ Partners and Indigo Capital to further accelerate growth

Press release - 9/6/2017

Swiss group MCI reorganises its capital and welcomes new investors EMZ Partners and Indigo Capital to embark into a new phase of development.

MCI was accompanied since 2011 by Iris Capital, joined in 2013 by Edmond de Rothschild Investment Partners, who backed the group’s ambitious growth projects of international expansion and services offering extension, notably in the digital field. Led by the Tondeur family and its management team for the last 30 years, MCI helps companies, professional associations and scientific societies in their event marketing activities and the organisation of their professional congresses. Globally active in 31 countries through 63 offices, MCI intends to further accelerate its development with new funding provided by EMZ Partners and Indigo Capital.

Sebastien Tondeur, Président of MCI, declared: «  Many thanks to my partners at Iris Capital and Edmond de Rothschild Investment Partners for their unconditional support and their valuable advice. Together with our loyal and experienced management team, the Tondeur family is ready to embark in this new phase which will notably include continuing growth in Europe and an acceleration of our development in the US, where we ambition several significant developments. »

Monique Deloire, President of Indigo Capital and Pierre-François Gueit, Partner at EMZ Partners, declared : « We were attracted by the entrepreneurial project of the MCI management team and by its dedication to build a global group with significant size, allowing to provide its customers with its full expertise as well as new strong value-added services. Already very active outside Europe, we are very happy to have the opportunity to support the group in its continuing global expansion and integration of new technologies and services aimed at expanding its offering. »

Erik de la Rivière, Managing Partner at Iris Capital, and François-Xavier Mauron, Associate Director at Edmond de Rothschild Investment Partners, commented : « We are happy to have supported the group’s ambitious growth plan over the last years, notably sustained by a strong vision, a successful management transition and multiple successes such as the development of the digital offering, the continued expansion in the APAC region and the entry into the US market. We wish the best of success to Seb and his teams for this new development phase. »

Participants:

Target
MCI Group: Sebastien Tondeur, Roger Tondeur

Sellers
Edmond de Rothschild Investment Partners: François-Xavier Mauron, Sophie Nordmann-Caetano, Tanguy Tauzinat
Iris Capital: Erik de la Rivière

Purchasers

Indigo Capital: Monique Deloire, Laurent Arbona de Soler, Martin Bellé
EMZ Partners: Pierre-François Gueit, Thierry Raiff

Advisers to the sellers and the target
Financial adviser: Invest Corporate Finance (Raphaël Rossello, Virginie Lagrange, Rémi Pollet)
Tax adviser: Tax Partners (Stéphanie Eichenberger)
Financial VDD: E&Y (Stefan Rösch-Rütsche, Amaury Bonnaire, Olivier Urech, Camille Denis)
Strategic and commercial VDD: LEK (David Danon Boileau, Serge Hovsepian, Olivier Asset, Maxime Julian)
Legal adviser: Cohen Amir-Aslani (Karine Fitau, Rebecca Guyot), Jacquemoud Stanislas (Philippe Jacquemoud, Alexandre Estier), Chammas & Marcheteau (Jérôme Chapron, Denis Marcheteau)

Advisers to the buyers
Financial Due diligence: PWC (Martin Naquet-Radiguet, Sophie Gerbaud)
Strategic and commercial Due diligence: Indefi (Julien Berger)
Legal advisers: De Pardieu Brocas Maffei (Jean-François Pourdieu, Sandra Benhaïm), Python (Marc Joory)