Recapitalized, the French group EDG affirms its ambitions in digital

by time news

2023-12-18 19:06:37

By Claudia Cohen

Published 5 hours ago, Updated 4 hours ago

Vincent Klingbeil, co-founder and director of European Digital Group (EDG). Jeremy Bouchet

This group co-founded by Vincent Klingbeil aims to make around ten acquisitions per year.

The co-founder of the European Digital Group (EDG), Vincent Klingbeil, has never hidden his acquisition frenzy. « To build our group, we made around twenty acquisitions in just four years, alongside the ten or so entities we founded »tells the Figaro the director of EDG.

At the dawn of 2024, the French company, a digital specialist, has just finalized a major LBO operation (leveraged debt financing), in order to ensure its future development. After eight months of negotiations, it was the French fund Latour Capital which ended up winning against the British TowerBrook or the American Marlin Equity Partners, as recently revealed. The Informed. Latour Capital thus takes 30% of the capital of EDG, for a valuation of the group estimated at around 700 million euros.

EDG, who likes to define himself « halfway between a Publicis and one Accenture », promises to chase several hares at once. Cybersecurity…

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