Press release - 24 June 2021

New transaction carried out by Largillière Finance: PW Consultants opens its capital to its Management

Banque d'affaires Largillière Finance assisted PW Consultants, a strategy consulting firm specializing in payment solutions, in the reorganization of its capital through a sponsorless OBO (Owner Buy-Out). 

This operation allows a dozen managers to become shareholders and brings PW Consultants, operating in a high potential market, into a new growth cycle. This OBO confirms the great expertise of Largillière Finance in the sector of strategy consulting and digital transformation.

The operation led by Largillière Finance had a double ambition:

  • To integrate into the capital an ambitious team of managers committed to the success of PW Consultants
  • To launch PW Consultants into a new cycle of growth and value creation

With a turnover of 10 M€ and about fifty consultants, PW Consultants is a pure player evolving in a sector in full disruption and whose growth prospects are very important. Its consultants, high-level experts, work with the largest players in the banking sector, major retailers and Fintechs.

The operation was conducted with the Structured Finance teams of BNP Paribas and LCL. All legal aspects were handled by the teams of FTPA.

With this successful capital opening, Largillière Finance demonstrates once again its excellent knowledge of the sector, reflecting more than 14 years of intervention with consulting firms such as TNP or Quodagis and numerous missions to set up management packages.


About PW Consultants

Created in 2001 by Patrick Wajsbrot, PW Consultants is a strategy consulting firm specialized in all issues related to payment solutions and electronic banking (regulatory issues, digital transformation, marketing...)

The firm is active in the following fields

  • Electronic banking and payment methods, in their various fields (Issuing, acceptance, authorization, switching, clearing ...)
  • Cybersecurity, cryptography, implementation of best practice security standards (ISO27001, PCI DDSS)
  • Data analysis and the fight against fraud
  • Regulation and risk management, regulatory compliance, optimization of control plans, BCP, process audits, risk management ...


List of Speakers

Target: PW Consultants Patrick Wajsbrot, Sandra Dias
Banks Structured Finance:
BNP Paribas Grégory Mallet, Frédéric Paviot
LCL  Aurore Bourneuf
Bank Financing Managers: LCL Julie Viguier
M&A Advice: Largillière Finance Tanguy Mantelin, Florian Leginy
Corporate Lawyer: FTPA Coralie Oger, Nicolas Message
Certified Public Accountant: Pyramide Consultants Annie Laville
Auditor of accounts: Cabinet ACE Luc Abitbol


Patrick Wajsbrot, President of PW Consultants:

"We appreciated the professionalism of the Largillière Finance team and its entrepreneurial culture. The execution was optimal thanks to the excellent coordination of all our Councils. A new talented generation is joining PW Consultants' capital and will implement our growth plan for the next 3 years.


Tanguy Mantelin, Founding Associate of Largillière Finance:

"This new transaction in the dynamic business consulting sector reinforces our strong expertise in this field.

The sponsorless OBO is a question of Human and Technique: the Human to take a team of managers in a capital project and the Technique to set up a balanced deal with the bankers.

Our satisfaction is to place PW Consultants in a new dynamic of growth and value creation. I would like to thank Patrick Wajsbrot and his teams, the bankers of BNP Paribas and LCL and the lawyers of FTPA who have collectively enabled us to complete a great transaction.

With offices in Paris, Lyon, Nantes, Brussels and Geneva, Largillière Finance is an independent investment bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing (capital and/or debt), financial engineering (valuation, etc.) and financial strategy.

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