Global value-added services and technologies company, Exclusive Group, has secured new investors in an attempt to continue its growth strategy.
It has received substantial new corporate investment from an independent, privately-held investment company headquartered in Belgium, Cobepa, to take a majority stake in the business.
Cobepa will be joined by Edmond de Rothschild Investment Partners, who will be re-investing in the Exclusive Group for the third time.
In addition to the investment, Exclusive has also secured a new finance facility from existing financing partner, UK based Intermediate Capital Group (ICG).
Exclusive Group said, in a statement, that these new financial arrangements give the company the platform to deliver the next phase of business growth.
Precise details of the investment are confidential, but it includes the possibility to access a finance package of more than €100 million to be used to support existing business plans that include: the geographic expansion of its value adding distribution businesses; further development of Big Technology, its datacentre transformation unit; increasing the footprint of the IT leasing division, Exclusive Capital; and further growth for ITEC, the global logistics and services business acquired in December.
Exclusive Group CEO, Olivier Breittmayer, said having Cobepa as an investor provides the company with confidence in its business direction and strategy for further market scale and share.
“The group’s goal to hit €1 billion in revenue by 2017 is further assured by this investment, which will allow us to develop more services and identify and capitalise on new opportunities within the markets and sectors that we operate in,” he said.
Exclusive Networks Asia-Pacific managing director, Dominic Whitehand, said the Exclusive Group's businesses are now in a better position to add value to its partners and continue expansion on a global scale.
“From a local perspective, this investment will facilitate our growth into the wider Asia-Pacific region by providing financing for additional opportunities identified both locally and at a group level,” Whitehand said.
Cobepa managing director, Jean-Marie Josi, said the Exclusive Group perfectly represents the type of organisation it looks to invest in.
“It’s an established company with a solid business model, sustainable market position and strong management team. We’re looking forward to working closely with the team to help them build on their success to date, and achieve the next phase of growth,” Josi added.
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