Acquisition of Pixis Conseil by TNP Consultants
Advised by Largillière Finance, TNP joins forces with Pixis Conseil to accelerate the transformation of distribution, luxury goods, and consumer products
TNP Consultants and Pixis Conseil have announced their strategic merger, marking the birth of a leading consulting firm in the retail, luxury goods, and consumer goods sectors. Largillière Finance advised on the transaction.
This alliance combines Pixis’s sectoral, strategic, and operational expertise with TNP’s integrated transformation capabilities: a comprehensive consulting model covering all transformation challenges, from strategy to artificial intelligence, within a secure, compliant, and innovative framework
A natural alliance built on a shared result-oriented culture
Founded in 2005, Pixis Conseil has established itself as a recognized partner of major French and European brands, thanks to its 360° approach to transformation: strategy, offering, customer relations, supply chain, digital, and omnichannel.
Addressing new retail and consumer challenges together
Players in the retail, luxury goods, and fast-moving consumer goods (FMCG) sectors are currently facing profound change: rapidly evolving purchasing behaviors, a search for meaning and transparency, expectations of sustainability, and the widespread adoption of omnichannel retailing. The TNP–Pixis merger will enable us to support brands in five key areas:
- Adapting historical models to today’s consumption challenges.
- Optimizing supply and operations through data and artificial intelligence.
- Strengthening supply chain resilience in the face of cost, time, and environmental constraints.
- Rethinking customer journeys to create a seamless, personalized, and responsible experience.
- Accelerating digital and regulatory transformation by securing practices and fostering compliance.
2025
Largillière Finance Experts
- Tanguy Mantelin
- Mathurin Maugendre
Counterpart
This merger illustrates our desire to combine highly targeted expertise with our multi-specialist model in order to provide our clients in the retail, luxury goods, and consumer goods sectors with concrete, high-impact, and perfectly executable solutions.
Benoit Ranini
President and co-founder of TNP
The Pixis teams share our belief that a strategy is only valuable if it is implemented quickly and effectively in the field. Their expertise in business challenges ideally complements our ability to manage end-to-end transformations. We would like to thank the teams at Largillière Finance, whose in-depth understanding of our sector and the human challenges associated with our business enabled us to successfully complete this merger.
Damien Ferraro
Partner at TNP Strategy
This merger opens up new perspectives for our teams and our clients. It provides us with the resources to deploy our proven expertise on a larger scale, while remaining true to our DNA: the ability to combine vision, pragmatism, and proximity.
Noria Cung
Presidente of Pixis Conseil
Together, we are strengthening the alignment between strategic vision, operational excellence, and responsible innovation.
Christophe Lahay
Managing Director of Pixis Conseil
This transaction confirms TNP's strategy of combining strong organic growth with targeted external acquisitions. The expertise provided by Pixis Conseil strengthens retail activities in France by offering a more comprehensive value proposition to clients, and will also be deployed internationally, particularly in Africa, the Middle East, and India, where TNP already maintains a strong presence.
Tanguy Mantelin
Founding Partner at Largillière Finance
Press contact
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.
