Buy-side advisory
For a group on the move, external growth is a powerful lever of value creation, but it requires method, patience and discretion. Arcadia advises acquirers in identifying, approaching and negotiating strategic targets.
A good acquisition is not the one everyone hears about. It is the one done quietly, at a fair price, on a target few thought to approach, and which integrates without noise within the twelve months that follow the closing.
For a group on the move, external growth is a powerful lever of value creation. It allows you to consolidate a position, absorb a competitor, open a new market segment. But it requires method, patience and discretion. Arcadia Partners advises acquirers, groups or mid-cap companies, in identifying, approaching and negotiating strategic targets.
The mandates we take on look like these. An industrial group looking to strengthen itself in an adjacent business, with three or four potential targets that no generalist banker would know how to approach with finesse. A family-held mid-cap company wanting to start a platform logic without becoming an investment fund. A principal who has grown their company organically and discovers that the next leap requires an acquisition. An investment fund seeking to complete the portfolio of one of its holdings, in a build-up logic.
Our clients are industrial mid-cap companies, B2B service businesses, family groups in consolidation, and sometimes investment funds in a platform logic. Target sizes typically range from €2.5M to €20M of enterprise value, with a preference for situations where a confidential and bilateral approach allows an open auction to be avoided.
We start by formalising the acquisition thesis with the client: which business, which scope, which criteria (geographies, clients, technology, team), which dealbreakers. We then produce a target mapping, between ten and fifty companies depending on scope. Each target is qualified, cross-checked with sector databases and our own sources.
The approach is confidential and patient. We contact the priority targets one by one, through a banker or a principal from our network when possible, otherwise directly with a prepared proposal. We negotiate alongside the client all the way to signing, then support the due diligence and closing.
Exclusive mandate over a defined scope (business or list of targets), monthly retainer plus a success fee on completion of an acquisition. Typical length: nine to eighteen months.
Our commitment is to never lose sight of what the client is really buying: the strategic coherence of their group, not an isolated target. A successful acquisition starts with rigorous framing and ends with patient negotiation. If you are thinking about an external growth operation, let us talk before the first contact with a target.
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A sale, a succession, a fundraising. Or a question you have not yet settled.
Let us discuss it in confidence.
Request a meeting+33 (0)6 07 11 42 54First conversation confidential and without commitment.
