ACD Groupe has 40 years of experience under its belt in the publishing of specialised software offering chartered accountants a comprehensive solution. In today’s economy, that strong position acts as a shield against the many start-ups attempting to disrupt the market. With a portfolio of 3,200 business clients using its software, ACD is able to prove the credibility and reputation of its comprehensive ERP solution, which responds to every need of chartered accountants, including tools that help firms assist their clients and work collaboratively with them. The software publisher currently holds a 30% share of the French market and has 250 employees across seven sites: Tours, Aix-en-Provence, Rennes, Lyon, Montpellier, Lorient, and Pointe-à-Pit.
Additionally, ACD Groupe is one of the founding members of “Le Village Connecté” economic interest grouping (EIG), the first organisation of its kind dedicated to the digital transition of the statutory auditing profession. Through this EIG, ACD Groupe and its partners (RCA, COAXIS, WAIBI, and Classe 7) offer a broad spectrum of tools to meet the needs of chartered accountants and their clients. Thanks to this collaboration, ACD Groupe is able to focus on its core business.
“To continue growing, we needed to find a financial partner capable of supporting us in the long term without a planned exit date; we also needed a partner that would be able to challenge us and help us restructure the company. That partnering role—providing networking, expertise, and feedback on the company’s progress—is crucial. It strengthens the image and all-important confidence that ACD Groupe builds with its clients, its employees, and its ecosystem. We are no longer on our own to manage the rapid growth of our organisation and, particularly, to seize growth opportunities that come our way,” explains Eric Choteau-Laurent, Chairman of ACD Groupe.
“We based our opinion of the quality of the solution developed on ACD Groupe’s double-digit growth, its strong penetration among the top 10 accounting firms, and its innovations currently in development. What’s more, Eric Choteau-Laurent has a strong reputation in the accounting profession. He works closely with one of his partners, Laurent Vuillet, forming a high-level duo with complementary skills that won us over. This is also an opportunity for Crédit Mutuel Equity to invest in a software publisher offering a complete ERP solution for accounting professionals in a market undergoing rapid consolidation,” says Thierry Aubert, Director of Equity Investments at Crédit Mutuel Equity.
- Investor
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- Crédit Mutuel Equity :
Thierry Aubert
Director of Equity Investments
thierry.aubert@creditmutuel.frLaure Marchais
Transaction Advisor
laure.marchais@creditmutuel.fr
- Crédit Mutuel Equity :
- Investment advisors
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Legal consulting: Cornet Vincent Segurel (Olivier Greffard)
Due diligence (legal, tax, HR): Cornet Vincent Segurel (Olivier Greffard, Nicolas Palos, Laurence tardivel)
- ACD Groupe
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Eric Choteau-Laurent, Chairman
- Company advisors
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Legal consulting: Groupe Monassier Val de Loire (Michaël DADOIT)
- Banks
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CIC Ouest - Indre et Loire Entreprises (Jean-François Norguet, Florence Moreau) CIC Banque Privée (Jean-Marc Lemouchi, Anne Martelly, Cécile Munoz)
About Crédit Mutuel Equity
Crédit Mutuel Equity groups all the Capital Investment activities of Crédit Mutuel Alliance Fédérale: Capital Développement (Capital Development), Capital Transmission (Capital Transfer) and Capital Innovation.
Crédit Mutuel Equity provides capital support to directors, at all stages of development of their company - from start-up to transfer - by giving them the resources and time required to implement their transformation projects. Crédit Mutuel Equity boasts over 350 directors who share their convictions and questions within a real network of entrepreneurs, which offers everyone, regardless of the nature of their project, the assurance of benefiting from the experience of others. By investing its own capital (3.5 billion euros), Crédit Mutuel Equity finances companies’ projects with timelines that are adapted to their development strategy, in France, Germany, Switzerland, Canada and the United States.
For more information: www.creditmutuel-equity.eu
About Crédit Mutuel Alliance Fédérale
A first-rate French bank and insurance company, with over 75,000 employees, serving over 29 million customers, Crédit Mutuel Alliance Fédérale offers a range of services to individual customers, local professionals and companies of all sizes, via 4,500 points of sale. Among the most solid banking groups in Europe, its equity capital amounted to 53.2 billion euros and its CET1 ratio was 18.8% on 31 December 2021.
Crédit Mutuel Alliance Fédérale groups the Crédit Mutuel funds of the following federations: Centre Est Europe (Strasbourg), Sud-Est (Lyon), Île-de-France (Paris), Savoie-Mont Blanc (Annecy), Midi-Atlantique (Toulouse), Loire-Atlantique and Centre Ouest (Nantes), Centre (Orléans), Normandie (Caen), Dauphiné-Vivarais (Valence), Méditerranéen (Marseille), Anjou (Angers), Massif Central (Clermont-Ferrand), Antilles-Guyane (Fort-de-France) and Nord Europe (Lille).
Crédit Mutuel Alliance Fédérale also groups the Caisse Fédérale de Crédit Mutuel, the Banque Fédérative du Crédit Mutuel (BFCM) and all its subsidiaries CIC, Euro-Information, Assurances du Crédit Mutuel (ACM), TARGOBANK, Cofidis, Banque Européenne du Crédit Mutuel (BECM), Banque de Luxembourg, Banque Transatlantique and Homiris.
More information is available at www.creditmutuelalliancefederale.fr