Paris, March 28th, 2022,

DDA & Company advises TBS Group shareholders in the exit of Siparex Entrepreneurs and Re-Sources funds

Founded in 1987, TBS Group boasts over 30 years of expertise and experience in the development of Revenue Generation & Management software dedicated to the media and communication sectors. At the head of the group since its LBO in 2018, Nicolas Daniel, Philippe Dufour, and Thomas Defossez will become the group main shareholders. This operation was led by Andera Acto thanks to a sponsorless MBO transaction.

Nicolas Daniel, Philippe Dufour and Thomas Defossez about this new phase in the history of the group « It is with great enthusiasm that we start this new chapter of the group’s journey together with Andera Acto. Over the past four years, TBS Group went through a thorough transformation and development process. We sincerely want to thank Siparex and Re-Sources Capital for their trust during this first step of the takeover. For the years coming, our goal will be to accelerate our development in France and abroad by relying on our strong foundations and an expert, close-knit team »

Laurent Fichter, Partner at Andera Acto declares “We are very pleased to support Nicolas Daniel, Philippe Dufour, Thomas Defossez and their team in this new development process for TBS, and to allow this talented team to regain control of the group’s shares”.

Alexandre Odin, Partner at DDA & Company concludes “TBS has the advantage of having re-developed almost all its products, unlike many small publishers. ”.

DDA & Company’s team, composed of Alexandre Odin, Axel Marti-Flich and Jean-Baptiste Delaporte, advised TBS group on this operation.

This operation once again reflects DDA & Company’s expertise in the Software market.

Stakeholders in this Transaction

SELLER

  • SIPAREX: Damien Fulchiron, Marlène Rey
  • Re-sources Capital: Matthieu Billoir
  • Management: Nicolas Daniel, Philippe Dufour, Thomas Defossez
  • M&A Advisor: DDA & Company (Alexandre Odin, Axel Marti-Flich, Jean-Baptiste Delaporte)
  • Financial Due Dilligence: Oderis (Julien Passerat, Sarah Foessel, Pierre Bontemps, David- Armel Mé)
  • Legal Advisor: Lamartine Conseil (Fabien Mauvais, Ahlam Benhamed)

BUYER

  • Management: Nicolas Daniel, Philippe Dufour, Thomas Defossez
  • Andera Acto: Laurent Fichter, Pierre-Luc Wilain de Leymarie, Fadwa Dardar
  • M&A Advisor: Longchamp Partners (Mickaël Fitoussi)
  • Financial Due Dilligence: ACA Nexia (Hervé Teran, Sammy Chiffour, Antoine Brunner, Elise Roche)
  • Legal and Fiscal Due Dilligence: Thémis Avocats (Xavier Roguet, Laurie Letombe)