Paris, December 2, 2024 – Forward Global is proud to announce the successful completion of a strategic shareholder transaction, finalized on November 26, 2024, following approvals from governmental and regulatory authorities. Bridgepoint Development Capital (BDC) has acquired a minority stake in the company, joining forces with long-standing shareholders RAISE Invest and Rives Croissance (Banque Populaire group), who have reaffirmed their commitment to Forward Global’s ambitious growth strategy by maintaining their investments alongside BDC and the Group’s management team.
This transformative transaction values Forward Global at over €200 million and significantly enhances its financial capacity, and paves the way for the Group’s accelerated international expansion, with a focus on North America and Europe.
Matthieu Creux, President of Forward Global, said: “This transaction validates the success of our model by providing new resources to accelerate our expansion, strengthen our operational expertise, drive technological investments, and attract top talent.”
Jean-Baptiste Salvin, Partner at BDC, echoed this sentiment: “In just over a decade, Forward Global has established itself as a benchmark player, propelled by bold entrepreneurial drive and an exceptional growth trajectory. We are confident in its potential and we are committed to supporting its next strategic milestones.”
Alexandra Dupont, Co-Head at RAISE Invest, added: “For more than four years, we have supported Forward Global in its transformation into a leading player, helping to strengthen its governance, expand its teams, complete successful acquisitions, and drive international growth. We are proud to continue contributing to this extraordinary journey.”
About Forward Global
Forward Global designs and operates services and technologies dedicated to managing digital, economic, and informational risks. Active in areas such as cybersecurity, corporate intelligence, and public affairs and strategic communications, the group relies on its four main offices in Paris, Brussels, London, and Washington, along with the renowned brands and diverse expertise of its numerous subsidiaries. This positions the group as a key player in Europe, provides strong operational capabilities in the Anglo-Saxon world, and establishes leading expertise in African and Arab markets. Between 2019 and 2024, the group quadrupled its revenue to exceed €100 million, supported by a team of nearly 350 employees, including engineers, consultants, and analysts from over 20 nationalities.
About Bridgepoint
Bridgepoint is a global leader in alternative asset management, specializing in private equity and private debt. Listed on the London Stock Exchange (LSE), Bridgepoint manages over €67 billion in assets. The firm has more than 200 investment professionals operating across six sectors: business services, consumer goods, financial services, healthcare, high technology, and technology. With a presence in Europe, the United States, and Asia, Bridgepoint invests through four distinct strategies: Mid-cap, Smid-cap, Growth, and Debt. The group has been active in France for over 35 years, boasting one of the country’s largest investment teams and a strong track record of significant transactions.
About RAISE
RAISE is a pioneering mission-driven finance group managing €2 billion in assets. With a unique model centered on shared success to benefit entrepreneurs, RAISE operates across three core activities: an investment platform featuring seven strategies that target companies and assets of all sizes and sectors, innovation hubs, and a foundation dedicated to supporting startups.
About Rives Croissance
Rives Croissance, a wholly-owned subsidiary of Banque Populaire Rives de Paris, is a long-term strategic partner that invests as a minority shareholder in capital transmission and development operations.