Cobepa acquires majority stake in Exclusive Group, a value added distributor of IT security solutions

Exclusive Group, the global value added services and technologies group, today announced that it has received substantial new corporate investment from Cobepa to take a majority stake in the business. Cobepa, an independent, privately-held investment company headquartered in Belgium, with a net worth of 1.6bn€, will be joined by Edmond de Rothschild Investment Partners who are re-investing for the third time.

As part of the transaction, Omnes Capital, which acquired a stake in the company in 2010 in a primary leveraged buyout, sells its stake.

In addition to the investment, Exclusive has also secured a new finance facility from existing financing partner, UK based Intermediate Capital Group (ICG). These new financial arrangements give the Group the platform to deliver the next phase of business growth.

“We’re delighted to welcome Cobepa as an investor, and feel that their decision demonstrates confidence in the direction of the business and in our strategy for further market scale and share,” said Olivier Breittmayer, CEO of Exclusive Group. “The Group’s goal to hit €1bn revenues by 2017 is further assured by this investment, which will allow us to develop more services and identify and capitalise on new opportunities within the markets and sectors that we operate in.”

Jean-Marie Laurent Josi, Managing Director of Cobepa said: “Exclusive Group perfectly represents the type of organisation we look to invest in: an established company with a solid business model, sustainable market position and strong management team. We’re looking forward to working closely with Olivier and his team to help them build on their phenomenal success to date, and achieve the next phase of growth.”

Precise details of the investment are confidential, but it includes the possibility to access a finance package of over 100m€ to be used to support current business plans including the geographic expansion of the Group’s value adding distribution businesses; further development of Big Technology, its data centre transformation unit; increasing the footprint of the IT leasing division Exclusive Capital; and further growth for ITEC, the global logistics and services business acquired in December.

About Exclusive Group

Exclusive Group is the largest specialized and fasted growing value added distributor of IT security solutions in the EMEA region. The Company has originally developed its activities by enabling US vendors of innovative and disruptive solutions to gain rapid access to the fragmented EMEA market.

The Company has shown over the years its ability to successfully detect and partner with innovative IT security solutions providers and strongly support their growth by providing a large panel of services ranging from basic distribution to higher value added services such as marketing support, customer evangelization and now leasing solutions. The Company has the capacity to offer a wide panel of value added services with the widest reach in the EMEA market.

Thanks to its solid track record, Exclusive Group has become a highly visible platform and the natural privileged partner for new IT security companies wishing to expand in the EMEA region.

Headquartered in London, UK, with 36 offices across five continents and presence in over 100 countries, Exclusive Group brings all the elements of a proven winning strategy for market entry and growth.

Source: Exclusive Group Press Release

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