Sale of Groupe JLO to groupe APICIL
Largillière Finance advised the JLO Group on its merger with APICIL
Largillière Finance advised JLO Group, an HR & QWL consulting firm, in its merger with APICIL Group, France’s 3rd largest social protection group, which strengthens its expertise in Quality of Life and Working Conditions (QWL).
Founded in 2005 by Jean-Luc Odeyer based on the conviction that “there can be no sustainable economic performance without social performance”, JLO Group has established itself as a leading French player in the support and implementation of operational HR solutions, for both private and public companies, in the global field of QWL. It is the first HR and QWL firm to obtain Entreprise à Mission status in May 2023.
At a time when demand for QWL support is booming, Jean-Luc Odeyer wanted to be backed by an industrial group, and commissioned Largillière Finance to do so. Very active in the service sector, both in HR and insurance/mutual insurance, the investment bank quickly identified the APICIL Group as one of the best buyers.
The integration of the JLO Group enables Apicil to strengthen its ambition to provide HR and HRQoL services to employers and employees. This diversification is part of the company’s Horizon 2024 strategic plan, and enhances its range of services for customers.
This merger between two structures working on issues involving social partners, with the mission of supporting employees, will boost the QWL in a wider range of organizations. Furthermore, the two Groups have made their roots in the Auvergne-Rhône-Alpes region a major asset for their development throughout France.
2024
Largillière Finance Experts
- Nathanaël Blanc
Counterpart
I thank Largillière Finance for its in-depth understanding of our challenges and its efficiency. I am delighted with this alliance with APICIL Group, which will enable us to accelerate our mission of advising companies and organizations at a time when QHV issues have become crucial.
Jean-Luc Odeyer
Founder and Chairman of Groupe JLO
We were immediately struck by the alignment of the JLO Group's values with those of the APICIL Group, and are delighted to have been involved in this meaningful transaction.
Nathanaël Blanc
Director at Largillière Finance
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.
