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Omnes Capital supports Groupe SVP in its build-up strategy

Groupe SVP, a services company for businesses and local authorities, has acquired FYM Conseil, a vocational training company founded in 1976 and based in Lorient, western France.

The acquisition is Groupe SVP’s fourth since 2005 and represents a new milestone in its build-up strategy. It was completed with the support of Omnes Capital (formerly Crédit Agricole Private Equity), which first acquired a stake in Groupe SVP as part of a majority LBO in 2011.
 
FYM Conseil has developed expertise in the areas of team management, business efficiency and personal development. Its training is designed to be pragmatic and innovative and is provided in the form of customised in-house training, classroom-based or distance learning. FYM Conseil also has a market research activity (satisfaction and quality).
 
FYM Conseil operates in a number of sectors, including banking, finance and insurance, transport and logistics, agriculture and agrifoods, retailing and wholesaling, public contracts, and press and media. It will generate annual revenues of EUR5 million at end August 2012.
 
Groupe SVP has been involved in the training industry since December 2010 following its acquisition of AGIF, which specialises in banking, finance and insurance training. The acquisition of FYM Conseil significantly expands Groupe SVP’s training arm and makes it a major player in this market.
 
Groupe SVP expects to generate revenues of about EUR60 million in 2012. Based in Saint-Ouen just north of Paris, it employs over 450 people in France serving a clientele of some 9,000 businesses, local authorities and consultancy firms.
 
Olivier Lenormand, Chairman of Groupe SVP, says: "The acquisition of FYM Conseil consolidates our aim of becoming a major player in the vocational training market and clearly provides an excellent fit with our existing core business. This new acquisition is part of a growth strategy designed to strengthen the company through targeted build-up with the aim of becoming a leading player in high value added BtoB services. Omnes Capital, our equity partner, provides us with the resources to achieve our strategic goals."
 
Bertrand Tissot (pictured), Director at Omnes Capital, says: "We are proud to support Groupe SVP in its long-term build-up strategy. The acquisition of FYM Conseil is a new milestone in its expansion and paves the way for further acquisitions in France and abroad."
 

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