Minority LBO of Norman K.
Norman K., an innovative, independent and international wealth management platform, announces the acquisition of a minority stake by MBO+. As a corollary to this transaction, the investment fund will now join forces with Norman K.'s founding directors to accelerate the company's development, notably through external growth.
Founded in 2021 and with offices in Paris, London and Geneva as well as on the French Riviera, Norman K. offers its customers 360° expertise, supported by a dedicated multidisciplinary team of over 60 people. This open-architecture platform model enables in-house design of tailor-made solutions, and is built around 4 main pillars to cover all the needs of an international clientele of entrepreneurs and families: portfolio management, financing (real estate and corporate), corporate advisory and wealth structuring.
Norman K. embodies a new vision of wealth management, offering a “one-stop-shop” approach combining ultra-personalization, performance and innovation. In addition to its direct clientele, the company also offers its platform to a BtoB clientele of wealth management advisors, family offices and other institutional clients.
Since its creation, the company has made remarkable progress, posting 50% growth and a net inflow of almost 300 million euros in 2024. At the same time, it was managing almost 1.5 billion euros in assets, with the aim of crossing the 2 billion euro mark by 2025.
This upward trajectory is underpinned by a significant structuring effort led by Norman K’s founding partners. Building on this solid base, Olivier Liot, Mathieu Mercati, Brice Monvoisin and Jean-Philippe Petit plan to deploy an ambitious external growth strategy in France and internationally. To achieve its objectives, the company also intends to rely on strong organic growth, with the firm intention of attracting private bankers, offering them the opportunity to join a complete and innovative platform, designed for their customers, as well as an intrapreneurial adventure full of meaning and perspectives.
To this end, the managers chose MBO+ to support them strategically and capital-wise, via its MBO Flex fund, whose aim is to meet the needs of ambitious entrepreneurs by enabling them to finance organic and external growth projects while limiting their dilution.
Advised by investment bank Largillière Finance, this new alliance marks a key step in Norman K’s development.
2024
Largillière Finance Experts
- Shamir Razavhoussen
- Laurent Génin
- Guillaume Segonne
Counterpart
“We are delighted to welcome MBO+ to the Norman K. adventure, a partner who shares our vision of wealth management and our ambition to become a key player in international wealth management. We are convinced that MBO Flex is the ideal team to meet the challenges ahead, thanks to their in-depth expertise and perfect knowledge of our sector”
Olivier Liot
Partner and co-founder of Norman K.
“The entire MBO Flex team is delighted with the partnership with Norman K. Firstly, because we are joining forces with a talented team with whom we are perfectly aligned. But also because Norman K. is one of the most innovative companies in its fast-growing market segment”
Franklin Henrot
MBO+ Partner in charge of MBO Flex strategy
“We were attracted by Norman K’s highly differentiated value proposition, a platform with a 360° service offering that perfectly meets the needs of its customer segment, the quality of its management and the group’s proven ability to attract talent to support its strong organic growth,”
Pauline François-Poncet
Director of MBO+
“In just three years, Norman K. has conquered a market as demanding as wealth management. Largillière Finance has in-depth knowledge of this fast-moving sector, and was able to identify and highlight the keys to this success, enabling us to find a partner commensurate with the ambitions of the founding directors. We are delighted with this transaction, which will enable Norman K. to accelerate its development in France and internationally”
Shamir Razavhoussen
Managing Partner at Largillière Finance.
Contact presse
Margie
Aliénor Miens - +33 6 64 32 81 75 - alienor.miens@margie.fr
Largillière Finance, the independent M&A advisor for growth companies
As an independent specialist in mid-cap transactions, Largillière Finance advises executives and shareholders on their capital transactions, including disposals, acquisitions, LBOs, financing solutions (equity and/or debt), financial engineering (valuation, etc.) and financial strategy advisory.
With more than 45 investment bankers and professionals, a strong presence in Paris, across the French regions (Bordeaux, Lyon, Nantes) and internationally, Largillière Finance has completed nearly 400 transactions and established itself as a leading market player.
Largillière Finance is a member of REACH Cross-Border M&A, a global M&A advisory network specialized in the mid-market segment, bringing together more than 400 investment bankers across major financial centers in over 30 countries.
