Sienna Investment Managers (Sienna IM), through its newly-created subsidiary dedicated to private equity (Sienna Private Equity), and Eight Advisory, an independent financial and operations consulting firm, has acquired a minority interest in Eight Advisory.
Eight Advisory is a leading independent financial and operations consulting firm specialised in transaction, restructuring, transformation and financial engineering. Since its founding in 2009, Eight Advisory has experienced continuous growth of +21% per annum on average. The quality, seniority and commitment of its teams together with its clients have forged the firm’s solid reputation, which is now indisputable in the European financial advisory market. The company has 650 employees including 76 partners who operate in more than 30 countries. Its leading position in France in financial due diligence and restructuring consulting and as a major player in business transformation make it the European leader of independent consulting firms, and its objective is to double in size within five years.
Sienna IM will rely on its vast European and global network to support Eight Advisory’s growth plan and the strengthening of its organisational structure. Eight Advisory will also be able to rely on the intimate knowledge Sienna IM has forged on its various businesses to lead the extension of its range of services, in particular toward strategy consulting.
Eight Advisory, majority owned by its partners, will retain the structure and independence that made its success. The operational governance of the group, led by Pascal Raidron and Eric Demuyt, will remain unchanged.
