mynth
04/2026Majority

Acensi takes majority stake in Finegan

FRANCE Professional Services / Consulting & Audit / Strategy & Management REV €25–50M

Context

In April 2026, IT services provider Acensi acquired a majority stake in management consultancy Finegan, adding €25–50M in revenue and significantly expanding its upstream advisory capabilities. The transaction marks the full exit of historical financial sponsors Andera Partners and Capza following a seven-year investment cycle. Following a competitive auction involving four shortlisted bidders, Finegan’s executive team, led by CEO Emmanuel Solesse, chose to partner with Acensi to build a scaled domestic player. As part of the transaction, Finegan’s management team completed a material equity rollover to retain a minority shareholding. The acquisition was fully funded via an existing debt facility arranged in 2025 by a banking syndicate comprising BNP Paribas, Banque Populaire Rives de Paris, Arkéa, and Crédit Agricole Île-de-France during Azulis Capital’s initial investment in Acensi. Led by Azulis Capital Partners Nicolas Cosson, Raphaël Bazin, and Alban Tanaka, the strategic rationale focuses on shifting Acensi toward high-margin consulting mandates. Under a joint five-year strategic plan, Finegan will leverage Acensi’s AI capabilities to enhance its service offering and expand outside the financial services vertical, while maintaining operational autonomy. On the sell-side, Adviso Partners acted as exclusive M&A adviser. On the buy-side, financial due diligence was conducted by Exelmans, while Moncey Avocats advised on legal, tax, and debt structuring.

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Target

Finegan is a management consultancy specializing in the banking, finance, and insurance sectors, supporting financial institutions through digital, regulatory, and technological transformations. Formed through the combination of four boutique firms (99 Advisory, 11 Management, Azzana, and Akium), the company advises financial services clients on critical business operations, operating model redesign, and process optimization. Headquartered in France with offices in Luxembourg and Belgium, Finegan employs 235 specialized consultants. Led by CEO Emmanuel Solesse, the firm focuses on high-value, upstream advisory mandates, helping institutions navigate complex regulatory frameworks and systems modernisation while maintaining operational autonomy across its regional footprint.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
€25–50M
[members only]
[members only]
2024
€25–50M
[members only]
[members only]

Other operations with Acensi

Other operations with Acensi
DateAcquirerTargetCountrySector
05/2025AZULIS CAPITALACENSIFRANCEConsulting & Integration

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REFERENCES

Revenue range: REV €25–50M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Finegan by Acensi are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: finegan

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Finegan, a French company specialised in Consulting & Audit, by Acensi in 2026.

What was Finegan’s revenue at the time of the deal?

At the time of the transaction, Finegan’s annual revenue was estimated within the €25–50M range (FY 2025). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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