Keensight Capital, a private equity manager dedicated to pan-European growth buyout investments, and ISAI Expansion, the ISAI platform’s Tech Growth and Growth Buyout fund, have exited their investment in M33, the holding company of the Theodo Group.
Theodo’s two founding directors, Benoît Charles-Lavauzelle and Fabrice Bernhard, will be increasing their stake in the Group.
Launched in 2009, the Theodo Group and its 10 specialised enterprises support their clients in their digital transformation using the best technologies and a methodology inspired by lean and agile. Combining speed with high quality, the Group supports large international groups such as Total, Carrefour and BNP Paribas, as well as prestigious, fast-growing enterprises such as Qonto, Cajoo, Made.com and sunday.
Since the investment of Keensight Capital and ISAI Expansion in March 2018, the Group’s turnover has grown by an average of 30 per cent per year, reaching EUR64 million in 2021.
