Sale of Pénélope

Established in 1971, Pénélope is the French n°2 actor in the hostess services segment with more than 20% of market share. The Group also operates in operational marketing, telemarketing and event services. With revenues of more than €110m and approximately 3,000 employees, Pénélope has a complete national coverage thanks to 37 implantations across the territory. Already well positioned with French major accounts, Pénélope intends to accelerate its development with small and medium accounts in order to ensure a strong long-term organic growth. The Group  also expects to perform new acquisitions in order to strengthen its leading position in France, broaden its offer of services and expand its geographical footprint. Bridepoint Development Capital, advised by Natixis Partners, sold the majority of the capital of Pénélope to the private equity firm LFPI, together with BPI France and the Management.