Andera Partners, a leading private equity house – notably in small- to medium-sized companies through its Andera Expansion activity – becomes the minority financial sponsor of Meogroup, a leading business performance consultancy. Andera Partners carries out this investment alongside Richard Caron, President, founder and majority shareholder of the group, Thibaud Cavelier de Cuverville, CEO, and their management team.

Since its inception by Richard Caron in 2005, Meogroup has specialised in providing operational support to its clients in their performance challenges. Based in France and present in Europe (Belgium, Italy, Spain, Switzerland, Luxembourg) and internationally (Canada, Brazil, Morocco), the group employs more than 850 people and generates a turnover of €100m.

The Meogroup service offering was historically focused on operational consulting in purchasing and project management through its Meotec brand. Thanks to its continuous growth over the past 19 years, Meogroup has expanded its expertise to supply chain, strategic consulting in indirect purchasing, financial controlling, redesign-to-cost, digital, recruitment, transition management and training services.

The management team expects to accelerate future growth in the years to come thanks to the broadening of its service offering and its geographical footprint and thanks to the pursuit of its targeted external growth strategy, which resulted in five acquisitions over these past three years: Cristal Décisions and Masaï in 2021, and EIPM, SolvH.A and Cost House in 2023.

A pool of senior financing, led by LCL and Crédit Agricole Ile-de-France as arrangers, complements the financing of the transaction and provides the group with an additional external growth financing credit facility.


Richard Caron and Thibaud Cavelier, President and CEO at Meogroup: “We are delighted to enter into this collaboration with David Robin and the Andera Partners team to provide us with support in this new phase of our development. Andera Partners is a leading player which shares our values and entrepreneurial culture. We are convinced that their expertise combined with their sound knowledge of our industry will enable us to accelerate our development by pursuing our external and organic growth dynamic internationally”.

David Robin, Partner at Andera Partners: “Richard Caron, Thibaud Cavelier and their management team have succeeded in a period of several years in making Meogroup a leader in operational performance consulting in France and in Europe. The position of Meogroup as a multispecialist on a resilient and fragmented market, its strong HR and entrepreneurial culture, as well as its clear and ambitious development plan, convinced us to support them in this new development phase”.

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