This month, our Financial Restructuring Team, led by Cédric Joubert, lead partner of Aca Nexia turnaround services, along with Elena Rozenko, Financial Restructuring Manager, is attending TMA Europe’s 2022 Annual European: Recover. Reconstruct. Reimagine. This conference gathers Restructuring professionals from all over Europe, has a focus on the reindustrialisation of the continent, with roundtables spread across two days, on 9 & 10 June.
Employers are responsible for ensuring compliance with the social obligations applicable to their company. The 2022 edition of the Employer’s Guide provides detailed information in regards to those responsibilities, and thus helps you stay compliant with the regulations in effect by addressing topics such as human resources and social management.
The International Accounting Bulletin (IAB) has released the 2022 edition of its global survey which confirms Nexia International's position in the top 10 global audit and advisory networks. The Nexia network retains its 8th place in the global rankings, as determined by total revenue generated by network affiliates, and asserts its leading position (2nd position) amongst accounting networks.
CFNEWS' latest League Tables Financial Due Diligence ranking features Aca Nexia with 84 deals closed (130+ due diligences carried out), accounting for a 50% growth in activity. This outcome supports the firm's position as a leading specialist in Transaction Services in France, ranking 9th in M&A, LBO and Expansion Capital transactions, and amongst the top 3 for companies valued up to €50m across all markets.
InterCloud, a cloud connectivity platform provider, has raised €100m in new financing from Aleph Capital Partners. The start-up, founded in 2010, develops fully secured Software-Defined Cloud Interconnection services (SDCI).
Aca Nexia broadens its offering with the establishment of a Restructuring department. The activity falls under the responsibility of Cédric Joubert, Director Partner. With over 15 years’ experience in financial consulting, a dual expertise in Litigation / Restructuring and formerly Director of Restructuring at Deloitte, Cédric Joubert assists companies in improving the reliability of their financial forecasts and in their external growth operations targeting companies in difficulty, through his demonstrated financial expertise and his understanding of the issues and ecosystem of distressed company.
Aca Nexia has carried out a Vendor Assistance on the occasion of the affiliation of Etablissements Salentey with their two competitors Trenois Decamps and Setin. The Picardy-based establishments, which specialise in the distribution of electrical equipment, have a turnover of €20m for 2021.
Aca Nexia has carried out the financial due diligence of Wood in the context of a majority stake acquisition led by Atlantic Entrepreneur Fund, on the occasion of a first OBO transaction. Founded in 1994, the company specialises in the production and B2B distribution of safety equipment for swimming pools. It employs 33 people and has achieve a turnover of almost €12 million by 2021.
Aca Nexia has carried out the financial due diligence of Chocmod in the context of a primary LBO led by Céréa. The truffle and chocolate products company, founded in 1948 and with a turnover of €30m in the last financial year, is being taken over by the former CEO of Daco Bello.
Aca Nexia assisted AD Education in the acquisition of the IMAAT (Institute for Advanced Media, Arts and Technology), by conducting its buy-side due diligence. Founded in 2015 by training and audio-visual professionals, the institute offers its 300+ students an educational programme in line with the developments and changes currently occurring in the sector, with in 5 campuses spread across France. With €2 million in revenues, the IMAAT is the leading network in France for training in audio-visual, new media, sound and broadcast techniques.
Aca Nexia has conducted the financial due diligence of Eco BTP Environnement on behalf of Atlantic Entrepreneur Fund, in the context of a major investment from the latter. Eco BTP Environnement, which specialises in collecting and transporting materials from construction sites to sorting and recycling centres, employs 20 peoples and has a turnover of nearly €10m. Based in Ile-de-France since 2011, the firm headed by Christophe Fernandez has, for the first time since its establishment, ceased the majority of its capital to Atlantic Entrepreneur Fund.
Aca Nexia has carried out the financial due diligence of Legos on behalf of Siparex in the context of a minor LBO. Established in 2002 by Pascal Prot, Legos has had several lives. Historically a fixed-line telecom operator, Legos became a mobile virtual network operator (MVNO) on the SFR network in 2011 and then a full MVNO on the Orange network in 2015. This evolution and the required infrastructure now allow it to provide white label convergent mobile and fixed telephony services to "light" MVNOs, local ISPs or BtoC communication platforms by means of an app.
We are delighted to share with you the 2022 edition of Aca Nexia's annual magazine, a digest of the year's news and successes. This new paper also highlights inspiring company stories as well as thoughts from our teams and partners on hybrid work, CSR, outsourcing and payroll.
Evolving in a fast-changing environment, Aca Nexia is transforming itself and keeping up with the world around it. The corporate finance world is undergoing accelerated digitalisation, in a context of various regulations and standards, all of which are changing. Fully involved in these transformations, our organisation acts and continues to invest in three major areas of its business: Audit, Public Accounting and Consulting.
Aca Nexia has hosted the second edition of its round table talks about Corporate Social Responsibility. CSR has become an essential prerequisite to any SME and Mid-cap in order to meet their clients, staff and partners expectations. However, to what extent can corporations go beyond talks and provide relevant actions? How can one firm involve its teams and assess the impact of the implemented CSR initiatives ?
Nexia France has achieved a new milestone with the integration of Odycé Nexia, based in Marseille. Established in 1988, this audit, tax and advisory firm has encountered a remarkable growth over the past years, both internally and externally, which has led the agency to become one of the leading references in the French audit and advisory middle market.