Context

Founded in 1998 by Nicolas Leroy-Fleuriot, Cheops Technology is a leading provider of hybrid cloud, cybersecurity, and IT infrastructure services. It employs nearly 600 people in France and Switzerland with a turnover of approximately €130 million from over 1,200 clients. The Company has been listed on Euronext Access since 2007.

To support and accelerate Cheops Technology’s growth, the Company has entered in exclusive negotiations with Aquiline Capital Partners and Elyan Partners regarding a potential investment. Following this investment, Nicolas will hand over management to Emmanuel Carjat and Stéphane Leroy, who are expected to be appointed co-managing partners. Together, they will lead the development of the Company through organic growth and targeted acquisitions of companies in France, Switzerland and new markets. Nicolas will remain a director and shareholder alongside Aquiline Capital Partners, Elyan Partners, the new co-CEOs and the Cheops Technology management team.

This investment is expected to be finalized in the first half of 2022. A public offer will be made to delist Cheops Technology from Euronext Access and shares of Cheops Technology will be delisted from Euronext Access, if appropriate, after completion of this offer.

About CHEOPS Technology

Expert in secure IT infrastructures, CHEOPS TECHNOLOGY SA (“CHEOPS”) is a leader in Cloud Computing France. CHEOPS is organized in 4 Divisions: Cloud & Managed Services, Infrastructure, Network, Security & Unified Communications, Technology Modernization. CHEOPS’ team of experts has achieved the highest levels of certification issued by the major players in the IT market. With 600 employees and 13 agencies in France, CHEOPS guarantees the highest performance of its customers’ information system while providing a close working relationship with them.

Discover Cheops technology

About Aquiline Capital Partners

Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in businesses across financial services and technology, business services, and healthcare. As of September 31, 2021, Aquiline has approximately $7.0 billion of assets under management and its co-investment vehicles have invested approximately $4.5 billion across the firm’s three strategies in private equity, venture and growth capital, and structured credit.

Discover Aquiline Capital Partners

About Elyan Partners

Elyan Partners SAS ("Elyan") is a financial investment advisor registered in the unique Register maintained by the ORIAS of insurance, banking and financial intermediaries, in the category of financial investment advisor, under number 21006631. Elyan is the exclusive advisor of Edmond de Rothschild Private Equity for the ERES III and ERES IV funds and advisor of the Privilege 2018 fund. Its registered office is located at 47, rue du Faubourg Saint Honoré, 75401 Paris Cedex 08. The company is controlled by its management team and benefits from the support of the Edmond de Rothschild Group as a minority shareholder.

Discover Elyan Partners

Thibaut De Smedt

Investment Banking

Thibaut De Smedt photo

Stanislas De Gmeline

Investment Banking

Stanislas De Gmeline photo

Sanjin Goglia

Investment Banking

Charlie Pujo

Investment Banking

Charlie Pujo photo

Clément Decante

Investment Banking

Clement Decante photo

Maxime Roi

Investment Banking

Maxime Roi photo

Arthur Saint-Pol

Deal Team

Should you want to know more about this transaction, you can contact one of the team members above

Privacy Preference Center