Deal Announcement

DC Advisory advised Andera, Siparex, Calixte and the management of Marietton Developpement

01 Jun 2018

Leveraging on more than 30 years of experience in the tourism industry and majority owned by Siparex Private Equity, Andera Partners, Calixte (Crédit Agricole Centre-Est) and the management team, Marietton Developpement has established itself as the largest integrated travel company in France, with over €1.3bn business volume and 4.5m transactions in 2017 and still numerous opportunities lying ahead

In the course of 2017, DC Advisory was appointed by the shareholders of Marietton for the considered exit of financial shareholders of the Group

Thanks to its wide footprint in North America through American Express GBT, its ability to support the Group both in its development and future growth strategy, shareholders have decided to retain Certares LP (US-based Private Equity fund) as a new minority shareholder

Bpifrance (French sovereign fund) and Africinvest (Tunisian investment fund) have also taken part in the transaction as minority shareholders, ensuring an institutional support to the Marietton Group both in Europe and Africa

These new partnerships should allow the Marietton Group to start its next development phase with numerous opportunities for organic and external growth, and thus complete its geographical coverage

 

Deal Team

David Benin

Co-CEO
France

Stéphane Benouaich

Managing Director
France