Caroline Mengin

📣 Breaking news! Rydoo has a new majority shareholder: welcome to the team, Eurazeo! 💚 Eurazeo is a leading European private equity firm and investment group with a diverse portfolio and investments in over 600 companies worldwide. Its family and solid institutional shareholder base provide guidance and expertise for organisations planning to grow and expand their business to global markets. 💬 “Software is a key focus sector for the Eurazeo Small-mid buyout team, and we believe Rydoo is a perfect match to our ambition of supporting leading businesses with a proven track record, strong momentum in attractive end-markets, and talented leadership”, says Benjamin Hara, Partner, Small-mid buyout at Eurazeo. 🗣️ “Rydoo has established itself as a key player in Expense Management with a large base of loyal international clients that we serve in 132 countries. We are ready to accelerate and strengthen our position in key markets. Eurazeo, with its tech expertise, value creation insights and global presence, is the ideal partner for this new chapter”, said Sebastien Marchon, our CEO. We couldn’t be more excited about what this new chapter will bring for Rydoo and can’t wait to continue our expansion strategy with the support of Eurazeo’s team. Read more about the investment and plans for the future here: https://lnkd.in/etBmM6JN

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The Autorité de contrôle prudentiel et de résolution (ACPR) contributes to the 2024 priorities of the Single Resolution Board through : - Liquidity exercises by submitting the SRB and European Central Bank joint liquidity template - Exercices to test banks' ability to supply high-quality valuation data on time - Tests of internal bail-in capabilities (including coordinated bail-in for mutual groups) - Separability assessments In this post, you'll find Sia Partners' approach to meeting regulator's requirements during liquidity exercises. Thomas Rocafull Nicolas Martin Jérémy Garcia Anthony Wolf Paul Geerts Fabien Zaveroni Nicolas Prudencio Louis-Pierre LESPAGNOL Rémi Amadei #SiaPartners #ECB #ACPR #SRB #Banks #Liquidity #Reporting

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[#Finance] We are thrilled to announce the successful completion of our €350 million Bond issue, maturing in April 2029 reopening the unrated market for French issuers and setting a strong foundation for Bel's financial future. 🌟    This milestone was met with an enthusiastic response, as the issue was nearly 6.6 times oversubscribed with an order book exceeding €2.35 billion with a strong demand from French and UK investors. The transaction marks the return of the group in the Eurobond market since our last issuance in 2017. This reflects the strong confidence the market holds in Bel's credit rating and financial resilience.    The use of the proceeds of this issue will serve our growth initiatives and facilitate the partial repayment of existing loans thus extending our financing maturity.      This milestone is a step forward in our commitment to sustainable growth and long-term value creation for all our stakeholders.    For more details 👉️ https://lnkd.in/eUKSibgK    #ForAllForGood #Euronext #Investment #CorporateGrowth 

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📊 Accountants: Embrace the wealth management approach! Your clients are looking for a holistic view of their financial situation. By adding wealth management advice to your services, you can: ✅ Meet their growing expectations, ✅ Strengthen their trust, ✅ Diversify your revenue streams. Regulations in France and Belgium fully legitimize accountants in this role. Discover why this opportunity is a must for your practice! 📝 Read the article: https://lnkd.in/d8gtyixg #Accountant #EstatePlanning #WealthManagement #Diversification #FinancialAdvisory

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Excited to share the release of EPRA’s 2024 Deep Dive Report on Listed Real Estate ESG Performance! This project was made possible through the hard work and collaboration of KPMG France, Sandie Belaisch-Tzinmann, and the dedicated EPRA (European Public Real Estate Association) team—thank you all for your efforts! Drawing on exclusive data from our sBPR database, this report provides an in-depth look at the ESG performance of 103 European listed real estate companies. Why is this so important? With the EU moving towards mandatory sustainability standards, this data shows that our sector is truly leading the transition to a low-carbon future. Check out the full report here: https://bit.ly/3AEyJ1C #EPRAReport #Sustainability #RealEstate #SustainableLeadership #DataDrivenInsights #GreenBuilding

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Did you miss our last webinar about Flexible Offers (Cash + Equity) at Scale? Don’t worry, the webinar replay has just arrived 🔥 A special thanks to Virgile Raingeard and Albane Bressolle Chataigner for sharing their expert insights and strategies to revolutionize financial compensation. To dive into the strategies discussed helping you innovate and adapt your compensation packages for a competitive edge, click on the link below 👇 https://lnkd.in/eZ7wPAmh #webinar #hr #flexibleoffers #paytransparency #salary

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📣 Mirova exceeds €200 million in commitments for the final closing of its first private equity fund - Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announces the final closing of its first impact private equity fund, Mirova Environment Acceleration Capital (MEAC). - In 2021, Mirova launched its dedicated impact private equity strategy, aiming to combine financial returns with support for the environmental transition. - Marc Romano, Head of Impact Private Equity, Mirova: “With this first private equity fund, we are proud to have delivered on our ambitions to invest in unlisted companies displaying a high environmental impact. - The strategy focused on deploying ‘acceleration capital’ to grow sustainable businesses by addressing key growth trends and supporting innovative solutions. - Two years after its launch, Mirova Environmental Acceleration Capital (MEAC) raised €211m in commitments, 30% of which came from private clients attracted by the fund's multi-thematic approach under SFDR Finance 🇪🇺 Article 9. - MEAC is based on five investment pillars: clean energy, circular economy, natural resources, agri-agro technologies, and smart cities. - The fund has already deployed over €80m in 10 companies across Europe and North America and completed one exit. - MEAC has been awarded the Greenfin label and is eligible for the Tibi initiative. - Following MEAC, Mirova launched a second private equity fund called Mirova Impact Life Essentials (MILE), focused on societal impact. - MILE aims to support French and European companies in four themes: knowledge & know-how, well-being & health, responsible consumption, and diversity & inclusion. - Mirova aims to provide institutional and retail investors with attractive long-term returns and risk diversification, contributing to ecological and social transitions. - MILE is intended to be positioned under SFDR Article 9, like Mirova's other strategies. - MEAC has invested in companies like: - Ombrea : specialized in crop management and protection against climatic hazards. - Tallano Technologies: patented system for capturing fine particles from braking systems. - Agronutris: biotech focused on producing insect proteins for aquaculture and pet food. - Vestack: expertise in low-carbon building design and construction. - Naïo Technologies: agricultural robotics to mitigate labor shortages. - Norsepower: mechanical sails for decarbonizing maritime cargo ships. - Nuventura: manufacturer of high-voltage switchgears with alternatives to pollutants like SF6. - Waste Robotics: autonomous robots for sorting centers. - NLine Energy, Inc.: developer of energy efficiency projects using backpressure turbine technology. - GridBeyond: virtual power plant operator helping decarbonize industrial energy mixes.

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The GROUPE CONSULTATIF SUR L'INFORMATION FINANCIERE EUROPEENNE - EUROPEAN FINANCIAL REPORTING ADVISORY GROUP (EFRAG) has announced the release of 23 new Explanations, which will be added to its Compilation of Technical Explanations on the EFRAG ESRS Q&A Platform. This update brings the total number of explanations released between January to July 2024 to 93. Read more: https://lnkd.in/gEVPxnPG #SustainabilityStandards #SustainabilityReporting #EuropeanSustainabilityReportingStandards #ESRS #SustainabilityNews

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How has the Software M&A Market performed in the first half of 2024? Our comprehensive report provides in-depth analysis and key insights into the Software M&A market. In this report, part of our Software team, Alexis Iche and Antoine Riendeau, cover: 🔍 Valuation drivers of SaaS companies (including during market slowdowns) 📊 10 mid-market transactions 📈 50 public comparables and their stock market performance Click to download the PDF below. #software #privateequity #saas

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📈 Luxembourg is stepping up its efforts to strengthen its position in the fast-growing active ETF market. With assets under management in active ETFs projected to reach $4 trillion globally by 2030, the Grand Duchy is aligning its strategies to capture a larger share of this market. 💡 Learn more about Luxembourg's evolving ETF landscape: https://bit.ly/4eDpbl6

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ESG: The path to profitability and a responsible future! 🌱💼 Integrating ESG criteria into investment selection is a true game-changer, enhancing resilience and driving value in today’s market. The recent 2nd edition of CFA Talks, organized by Club des Femmes Administrateurs CFA Maroc, highlighted the rising importance of non-financial performance for Moroccan companies. The pursuit of a double bottom line—both financial and extra-financial—has become a competitive edge not only for businesses but also for investment funds seeking lasting impact. 🌍💡 ESG integration strengthens a company’s attractiveness and aligns with the growing expectations from stakeholders and investors for sustainable performance. #PrivateEquity #DoubleBottomLine #SustainableInvestment #ImpactInvesting #CFATalks #CFAmaroc #BMCE Capital Investments #CapitalCroissance #ASSIA BENHIDA #Fabienne Serfaty https://lnkd.in/eRT_rKDm

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Mirova, part of Natixis Investment Managers, has reached a final close of its first impact private equity fund, Mirova Environment Acceleration Capital (MEAC). MEAC raised €211 million in commitments and has already deployed over €80 million in 10 companies across Europe and North America, focusing on clean energy, circular economy, natural resources, agri-agro technologies, and smart cities, since launching two years ago. “With this first private equity fund, we are proud to have delivered on our ambitions to invest in unlisted companies displaying a high environmental impact,” said Marc Romano, Head of Impact Private Equity at Mirova. “We already completed ten investments in key sectors of the ecological transition, with the aim of achieving attractive financial returns. We remain convinced that positive impact and profitability go hand in hand, particularly when it comes to companies that are driven by fundamental trends designed to meet specific sustainable development objectives.” Mirova noted that the fund attracted significant interest, with 30% of its commitments coming from private clients drawn to its multi-thematic approach under the SFDR Article 9 framework. MEAC’s investments include: Ombrea (recently acquired by TotalEnergies), Tallano Technologies, Agronutris, Vestack, Naïo Technologies, Norsepower, nuventura, Waste Robotics, NLine Energy, Inc., and GridBeyond. Building on the success of MEAC, Mirova has launched a second private equity fund, Mirova Impact Life Essentials (MILE), focused on societal impact. MILE will invest in French and European companies around themes such as knowledge & know-how, well-being & health, responsible consumption, and diversity & inclusion. Mirova aims to position MILE under SFDR Article 9. #cleanenergy

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🚨 Big debate alert! 💰💼 Join the hot discussion on tax reforms in France! Will the proposed changes benefit the wealthy and hurt small businesses, or will they actually boost the economy? Some say it'll bridge the gap between rich and poor, while others argue it'll widen it. Have your say below! 👇

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[# 📢 Benchmark 🔭] | The department Debt & Treasury Advisory at Forvis Mazars en France issued a new benchmark 📸 on the communication of Euro Stoxx 50 companies on Reverse Factoring / Supply Chain Financing 💱 at year-end 2023. The publication also presents updated guidance on #IFRS and 🆕new disclosures requirements mandatory at year-end 2024. Main key takeways of the study 🔎are: - 34% of entities in the panel (17/50) disclose existing Reverse Factoring programs - 59% of those companies (10/17) classify Reverse Factoring liabilities in Trade payables and only 2 companies in other categories (Other current liabilities or Financial liabilities) - 9/17 companies communicate the amounts of RF liabilities - Only 1 company discloses the NBV of RF liabilities for which suppliers have already received payment from the bank (IASB new disclosure requirements starting year-end 2024) - Only 2 companies indicate explicitly an extension of payment terms compared to usual payment conditions Discover more❗in the attachment below ⤵. #workingcapital #finance #ifrs #supplychainfinancing #reversefactoring #treasury #bfr #cash #financing Yann Guyomar AFTE Association du Master Trésorerie de la Sorbonne (AMTSA) EACT - European Association of Corporate Treasurers Luxembourg Association Of Corporate Treasurers EuroFinance

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🚨 Asset Managers Demand More for Their Money! 🚨 A recent study by EY reveals that only 22% of multi-asset managers, 29% of managers with bank captives, and 20% of specialized managers would recommend their asset service providers. This is a concerning finding in an industry under increasing pressure to innovate and improve services. In response to these challenges, asset managers are demanding higher-quality services at competitive prices, driving asset service providers to rethink their approach. Legal and reporting services even posted a negative Net Promoter Score (-20), highlighting the urgent need to boost customer loyalty. Transparency, efficiency, and compliance are at the core of our solutions, helping asset service providers meet the evolving demands of the industry. https://lnkd.in/ejjtGYQf

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