201810.260

Effective Capital advised AdExcel Consulting in the acquisition of Telebig

AdExcel Consulting, a Swiss-based consulting firm, has acquired Telebig, a French IT services company specialized in application modernization and migration of legacy portfolios towards open systems and based near Nice, France.

This acquisition is part of the company’s strategy to expand its activities in France and to strengthen its global offering in Switzerland.

“Our company is already operating in Switzerland and in Tunisia. This acquisition will allow us to provide complementary services to our clients in France” said Daniel Gros, CEO of AdExcel Consulting.

The new group formed by AdExcel Consulting & Telebig targets a €5m revenue in the next few years and is still looking for opportunistic acquisitions in Europe.

The operation was performed thanks to the support of AdExcel Group shareholders, Loïc & Renan Leclerc as well as Daniel Gros, CEO of AdExcel Consulting.

AdExcel Consulting is a subsidiary of AdExcel Group.

Exclusive advisor of AdExcel Consulting and its shareholders, Effective Capital has entirely structured the operation: opportunity analysis, business plan, organization of audits and closing supervision.

Operation stakeholders:
• Financial advisory buy-side: Effective Capital, David Boccara
• Legal advisory buy-side: Gozlan & Parlanti: Franck Gozlan
• Auditors buy-side: Exelmans, Stéphane Dahan, Océane Lambert, Guillaume Rohmer

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