Clearwater International advises the shareholders of Ingeliance on the sale of a minority stake to Activa Capital alongside Arkéa Capital
Clearwater International has advised the shareholders of Ingeliance, a leading player in the engineering consulting market, on the sale of a minority stake to the investment fund Activa Capital.
With this primary MBO, Activa Capital becomes the reference shareholder of the company alongside its founder Jean-François Clédel, its CEO Marc Poullin and the management team. Arkéa Capital, the group's historical minority financial partner, reinvests on this occasion and retains a stake in the capital.
Founded in 1998 by Jean-François Clédel, Ingeliance offers engineering and technology consulting solutions focused on four main business sectors: naval, aerospace and defense, energy and transport, and process industries. Headquartered in Mérignac, the company now has more than 800 employees working at 20 sites in France and abroad, and generated sales of more than €50m in 2019. As a tier 1 service provider, the company assists the largest European industrial clients with industrial engineering issues, from R&D design to industrialisation and maintenance. Historically Ingeliance has been active in the naval sector but has since diversified its customer base and succeeded in positioning itself as a multi-reference specialist.
Buoyed by the strong momentum of outsourcing R&D projects for major clients and thanks to a favorable outlook for its primary industrial strengths, the company plans to continue its strong growth to reach at least €100m in sales by 2024. To achieve this, the company will build on its current organic growth momentum and pursue an active acquisition policy in France and abroad.