CDS Group Restructures Capital With Andera Partners and IDI
Deal News | Feb 03, 2025 | Andera Partners
Andera Partners, a leading player in sponsorless operations through its Andera Acto team, is investing alongside the founder and CEO of CDS Group, Ziad Minkara, and IDI, the continuation shareholders, in reshaping the capital structure of CDS Group. Founded in 2001, the CDS Group offers a comprehensive digital platform for managing business hotel reservations, serving large companies and travel agencies. As an independent French leader and Europe's second-largest player in its field, the CDS Group provides diverse technological solutions to meet its clients' complex needs. This partnership aims to support the CDS Group in its next development cycle, including ambitious expansion plans, both organically and through acquisitions, to fortify its international reach. The CDS Group is instrumental in managing approximately 800 million Euros in hotel reservation volume annually, supported by its 450 employees across six European nations and multiple brands. Both Ziad Minkara and Andera Partners express their commitment to reinforcing CDS Group's standing as a market leader, particularly targeting growth in Anglo-Saxon regions. Historical backer IDI has illustrated its continued faith in CDS's growth trajectory since its investment in 2020, commending Ziad's leadership amidst complex market conditions. The strategic restructuring is therefore geared towards elevating CDS Group's profile within the business travel tech sector while retaining autonomy.
Sectors
- Business Travel Technology
- Private Equity
Geography
- France – CDS Group is an independent French company, making France a primary geography relevant to the article.
- Europe – The CDS Group operates across multiple European countries, including Germany, Italy, Poland, Croatia, and Romania, highlighting its continental presence.
- Anglo-Saxon countries – Andera Partners indicates an interest in expanding CDS Group's operations into Anglo-Saxon countries, marking these regions as future geographic focuses.
Industry
- Business Travel Technology – The article discusses CDS Group, which provides technological solutions that manage business hotel reservations, indicating its role in the business travel technology industry.
- Private Equity – The involvement of Andera Partners and IDI in the capital restructuring signifies its link to the private equity industry, as these entities provide investment and funding support.
Financials
- 800 million Euros – The annual volume of hotel reservations managed by CDS Group, underscoring its market position.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CDS Group | Target company | Company | A leading provider of digital platforms for business hotel reservations, founded in 2001, with a robust presence across Europe. |
| Andera Partners | Investor | Company | A major private equity firm known for sponsorless operations, investing in the capital restructuring of CDS Group. |
| IDI | Investor | Company | Historical shareholder of CDS Group re-investing with a minority stake to aid in its international expansion. |
| Ziad Minkara | Founder and CEO of CDS Group | Person | Leading the CDS Group and actively involved in its capital restructuring to facilitate international growth. |
| Arnaud Faure | Partner at Andera Partners | Person | Involved in supporting the CDS Group's expansion and restructuring. |
| Marco de Alfaro | Representative from IDI | Person | Commenting on IDI's ongoing support for CDS Group's trajectory. |
| Jonathan Coll | Representative from IDI | Person | Involved in IDI's decision to continue supporting the CDS Group. |