ProData Consult to acquire French emagine Group
ProData Consult, the leading Northern European talent-centric provider of high-end business and IT consultants, has today announced that it is to acquire emagine Group that holds a strong market position in France, Germany, and United Kingdom. The transaction, facilitated by the private equity sponsor Axcel, is a significant milestone for ProData Consult in its aspiration to grow outside of the Nordics and will be the fourth acquisition, ProData Consult undertakes in less than two years. Plesner assisted Axcel with the transaction.
emagine Group provides clients with professional advice and expert skills to further develop and maintain their business performance. The focus is to maintain long lasting relationships and look for ways to develop and deliver innovative technology and services to clients. emagine Group had a revenue of 150m EUR in 2020 and more than 1,150 consultants delivered projects in 24 countries. The company is headquartered in Paris and has offices in France, Germany, India, Ireland and the United Kingdom.
Axcel is a leading Nordic private equity firm focusing on mid-market companies, with a total committed capital of more than EUR 2.6 billion across six funds.
The transaction is subject to customary regulatory approvals.