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Scalian

Scalian, a leading European consulting firm in digital transformation, project management and operational performance

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CAPITAL HELD BY WENDEL
~ 82
%
AMOUNT INVESTED BY WENDEL
€557
m
YEAR OF ACQUISITION
2023

Created in 1989, Scalian is a specialist in business transformation through its expertise in both business processes and digital technologies. Ranked in the top 10 engineering consulting firms in France, the Group provides services in industrial project management, supply chain (costs, quality, deadlines, performance), architecture and development of embedded digital systems and information system applications, big data and AI.

 

Chiffres clés
i-1
€557 m
amount invested by Wendel in July 2023
icon
~ €515 m
estimated sales LTM as of 06.30.2023
suite-pictos-bonhommes-2
~ 5500
employees
suite-pictos-ecovadis
Silver
EcoVadis Medal

Why did we invest in Scalian?

On July 27, 2023, Wendel has completed the acquisition of Scalian from Cobepa, wich Enterprise Value is c. 965 M€. Wendel invested €557 million of equity and holds around a 82% interest in Scalian, alongside management of the company.

Scalian is a leading European consulting firm in digital technologies, project management and business transformation. Serving more than 800 public & private sector clients, primarily industrial and services organizations, and with 30% of revenues out of France.

The group expects to reach c. €515 million in revenue, an adjusted EBITDA margin of c. 14% as of June 2023 LTM, and totaled c. 5,500 employees at this date.

Since 2015, the company has delivered average annual growth of around +30% of its revenues, including +12% of organic growth despite Covid, amplified by a selective external growth strategy, in France and internationally, with nine acquisitions completed over the same period.

Scalian has implemented a ESG policy having resulted in several certifications (ISO 9100, 9001,14001, 27001). The Group has obtained an Ecovadis silver medal in 2022 and has the ambition to further develop its ESG approach by 2025.

scalian

Scalian fits perfectly with Wendel’s investment roadmap

  • Value creation opportunity stemming from strong organic growth, M&A and scale effect
  • Growing business supported by secular megatrends (Digitalization, ESG…)
  • A leading player with significant barriers to scale and attractive long-term growth prospects
  • Robust cash flow generation
  • A controlled investment in our target size range
  • A situation where Wendel can contribute with its expertise, offering long-term perspectives, leveraging its long track record of growing business services companies

Wendel can be an active partner for Scalian, contributing its recognized expertise in developing global leaders in business services, through both organic and external growth.

Key milestones of the investment

2023
April 17, 2023
Wendel enters into exclusive negotiations with the intent to acquire the Scalian Group
April 17, 2023
Analysts’ presentation as of April 17, 2023
July 27, 2023
Wendel completes the acquisition of Scalian, a leading European consulting firm in digital transformation, project management and operational performance

Top management

of Scalian
mosaique-workday-31-yvan-chabanne-wendel
Yvan Chabanne
CEO

Wendel’s role in corporate governance

Board of Directors

David Darmon
Jérôme Michiels
Charles Goulet
Sarah Masson
Jérôme Richard (observer)

#LETTER TO SHAREHOLDERS
25 April 2023
Wendel has entered into exclusive negotiations with the intent to acquire the Scalian group, a leading European consulting firm in digital transformation, project management and operational performance
All news
– Press release
31 July 2023
Wendel signs an agreement for the sale of Constantia Flexibles to One Rock Capital Partners
All press realeases
 

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