Carlsquare advised the WEKA Group on the strategic dual sale of its French legal information services subsidiaries to the SVP Group
Carlsquare advised the WEKA Group on the strategic dual sale of its French legal information services subsidiaries, Editions Weka and Editions Tissot, to the SVP Group, which is backed by MML Capital. This marks the third sale within two years where Carlsquare has acted as exclusive financial advisor to the WEKA Group.
Editions Tissot has specialized in labor law publications for nearly 50 years. Editions Weka, a well-established brand in the public sector, is a digital reference providing information and procedures to decision-makers in local authorities and public organizations.
Founded in 1935, SVP is a French group providing operational consulting and decision-making support in economic and regulatory intelligence to businesses and public entities. Since 2016, it has been backed by the investment fund MML Capital.
This dual acquisition is strategic for the SVP Group, accelerating the digitalization of its offerings through complementary services. The combined group will generate around 90 million euros in revenue, with a 20% EBITDA margin. The group’s revenue is based on a subscription model, serving 26,000 private and public clients.
“We are delighted to have supported WEKA and the management of Editions Tissot and Editions Weka in this strategic partnership with the SVP group. This complex transaction marks the third sale advised by our Carlsquare Paris team for the WEKA Group in the past two years, following the sales of Lexagri and Quick FDS. My colleagues Berthold Stauffenberg, Arielle Ouchen, and I would like to thank the WEKA and SVP teams and their advisors and wish the teams at Tissot and Editions Weka a successful integration with those of SVP.” – Alex Carré de Malberg, Managing Partner, Carlsquare
Carlsquare acted as the exclusive financial advisor to WEKA Group.