Keobiz Integrates with Cabinet Jacques Rozenbaum and Audit Conseils in Major Merger

Deal News | Dec 05, 2024 | Perwyn

The accounting firms Cabinet Jacques Rozenbaum (Paris) and Audit Conseils (Alsace) have joined forces with Keobiz and Kerogo Services to form Kerogo Finance. Spearheaded by the private equity firm Perwyn, this merger aims to harness the established tech expertise of Keobiz and Kerogo Services while expanding across the accounting sector. Each firm will maintain its identity, offering tailored services to its client base, as well as benefiting from a shared technology platform, digital marketing, and B2B expertise offered by Kerogo Services. With sales exceeding €40 million and a clientele over 17,000, Kerogo Finance seeks further acquisitions, targeting firms with revenues of at least €5 million to further strengthen its position in a rapidly evolving industry. The move highlights the growing trend of digitization in accounting services, aiming to prepare the group for advancements such as e-invoicing and enhanced customer service expectations.

Sectors

  • Accounting Services
  • Private Equity
  • Technology

Geography

  • France – The main accounting firms involved in the merger, Cabinet Jacques Rozenbaum and Audit Conseils, are based in Paris and Alsace, respectively, indicating that the geographical focus of this merger is in France.

Industry

  • Accounting Services – The article focuses on the merger of multiple accounting firms into Kerogo Finance, showcasing developments within the accounting services industry.
  • Private Equity – Perwyn, a private equity firm, plays a significant role in organizing and backing the merger of these accounting firms, highlighting the involvement of the private equity industry.
  • Technology – The merger incorporates a strong emphasis on technological integration and digital marketing, primarily through the expertise of Keobiz and Kerogo Services, underlining the technology sector's influence.

Financials

  • 40,000,000 – Kerogo Finance's current sales in excess of €40 million.
  • 5,000,000 – Target revenue for future acquisitions by Kerogo Finance.

Participants

NameRoleTypeDescription
PerwynPrivate Equity FirmCompanyA private equity firm backing the merger to create Kerogo Finance.
KeobizMerged CompanyCompanyAn accounting firm joining the merger to form Kerogo Finance, with extensive tech expertise.
Kerogo ServicesMerged CompanyCompanyAn entity merging with others to create Kerogo Finance, known for its technology and digital marketing skills.
Cabinet Jacques RozenbaumMerged CompanyCompanyAn accounting firm based in Paris, joining the merger to form Kerogo Finance.
Audit ConseilsMerged CompanyCompanyAn accounting firm based in Alsace, part of the merger to become Kerogo Finance.
Kerogo FinanceResulting CompanyCompanyThe new accounting group formed by the merger, integrating several firms to offer comprehensive accounting services.
John GallagherInvestment DirectorPersonInvestment Director at Perwyn, instrumental in creating Kerogo Finance.
Christophe PingardCEOPersonCEO of Kerogo Services, now part of the Kerogo Finance group.
Hugues Husson de SampignyCEOPersonCEO of Kerogo Finance, leading the newly formed accounting group.
Jacques RozenbaumCEOPersonCEO of Cabinet Jacques Rozenbaum, now part of the Kerogo Finance group.
Yannick MeschbergerCEOPersonCEO of Audit Conseils, now part of the Kerogo Finance group.