EPSA Strengthens Global Leadership with FI Group Acquisition

Deal News | May 05, 2025 | Globenewswire

EPSA, a renowned specialist in financial, operational, and environmental performance, has announced a landmark acquisition of FI Group's international activities, making it the global leader in innovation financing. This strategic move sees EPSA acquiring a firm with a significant footprint in Spain, Brazil, and Portugal, and presence in several other countries with €100 million in revenue. The acquisition excludes F. Initiatives, FI Group's former French entity, due to strategic divergences, a carve-out executed in June 2024. EPSA's strengthened position aims to bolster its presence in Southern Europe and the Americas, reinforcing its global strategy and revenue projections of €182 million by 2025. Leveraging a global workforce exceeding 1,800 experts, EPSA is well-positioned to handle over 20,000 innovation projects annually, valued at more than €2.6 billion. With this move, EPSA continues its journey of growth, cultural alignment, and digital diversification, supported by EPSA executives Godefroy de Colombe and Charles-Edouard de Cazalet. This merger not only consolidates EPSA's stronghold in the innovation financing market but also underscores its commitment to setting industry benchmarks and fostering lasting success.

Sectors

  • Financial Services
  • Consulting
  • Environmental Services

Geography

  • Europe – EPSA and FI Group have strong presences in Europe, particularly in countries like France, Spain, and Portugal.
  • Americas – FI Group has major operations in Brazil and other parts of Hispanic America, and EPSA aims to expand further into this region.
  • Asia – FI Group is also present in Singapore, indicating a geographical reach into Asia.

Industry

  • Financial Services – EPSA is involved in financial performance optimization and innovation financing, key components of the financial services sector.
  • Consulting – Both EPSA and FI Group operate in the consulting industry, providing expert advice on innovation and strategic growth to businesses.
  • Environmental Services – EPSA's business includes segments focused on environmental performance and sustainability, pertinent to the environmental services industry.

Financials

  • €100 million – Revenue of FI Group as reported prior to acquisition by EPSA.
  • €182 million – Projected revenue target for EPSA Innovation in 2025 post-acquisition.
  • €500 million – EPSA's turnover before acquisition.
  • 2.6 billion – Value of innovation grants processed annually by the combined entity post-acquisition.

Participants

NameRoleTypeDescription
EPSA GroupAcquiring Company/BuyerCompanyEPSA is a European specialist in financial, operational, and environmental performance optimization, with significant presence in innovation financing.
FI GroupTarget CompanyCompanyFI Group is a global specialist in innovation financing with operations primarily in Spain, Brazil, and Portugal and a revenue of €100 million.
F. InitiativesSelling Company (Carved Out Entity)CompanyFormer French entity of FI Group, carved out prior to the acquisition due to strategic differences.
Mara CorominasCEO of FI GroupPersonCEO who comments on the strategic and cultural alignment resulting from the acquisition by EPSA.
Godefroy de ColombeCEO of EPSA GroupPersonLeader highlighting the strategic benefits of the acquisition in reinforcing EPSA's leadership.
Charles-Edouard de CazaletDirector of EPSA InnovationPersonExecutive who speaks to the strategic alignment and operational efficiency brought by the acquisition.