Software

Bryan, Garnier & Co advises Carlyle on its investment in Groupe Lacour

Groupe Lacour is a leading French software provider for the automotive after-sales value chain

Founded in 1985 and headquartered in Saint-Doulchard, France, Lacour is a leading provider of software solutions with a comprehensive suite of products supporting vehicle repair and maintenance including document management systems, costing solutions, and parts databases. Lacour has over 300 employees and a diversified customer base of over 6,000 clients comprising independent automotive repair shops and repair shop networks, car dealerships, glazers, claim adjusters, insurers, and fleet managers. It has deep relationships with numerous major automobile brands, paint manufacturers and suppliers and distributors in the sector.

The Carlyle Europe Technology Partners (“CETP”) platform will aim to support Lacour’s growth as a leading one-stop-shop solution provider for the automotive after-sales value chain with the objective of building a category leader at the forefront of innovation. It will do so by partnering with management to further penetrate existing and new market segments, broadening its software suite and complementary product offering, building on Lacour’s R&D initiatives including AI modules and a new SaaS delivery model through products such as Iris and Mosaic, capturing new cross-selling and up-selling opportunities, enhancing commercial best practice across the group, and focusing on international expansion predominantly in Europe.

Bryan, Garnier & Co acted as Sole Financial Advisor to Carlyle Europe Technology Partners

Bryan, Garnier & Co assisted Carlyle with sector and valuation expertise, financial modelling as well as continuous process intelligence while leveraging its deep knowledge of the software market.

This marks another landmark transaction for Bryan, Garnier & Co’s software practice and is a further demonstration of its expertise in buy-out transactions. Other notable transactions in the space in 2022 include the investment of EMZ in Groupe Positive (ex-Groupe Sarbacane), the disposal of Mailinblack to Apax Partners, the acquisition of in CAST Software by Bridgepoint Development Capital, the sale of Horizon Software to Sagard NewGen, the investment of Cathay Capital, Sagard NewGen and Eurazeo in Dilitrust, the investment of MBO&Co in Praxedo, the acquisition of GAC Technology by NewAlpha Verto, the disposal Sword GRC to TA Associate’s participation Riskonnect, the investment of Five Arrows Growth Capital in Padoa and the sale of Eudonet to Montagu.

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $369 billion of assets under management as of September 30, 2022, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,100 people in 29 offices across five continents.


Groupe Lacour (‘’Lacour’’) is a leading provider of software solutions for the automotive after-sales value chain. Founded in 1985 and headquartered in Saint-Doulchard, France, Lacour has developed a comprehensive software suite including document management systems, costing solutions and parts database to support the repairing process and the maintenance of motor vehicles. Today, Lacour employs over 300 employees across three locations in France and serves over 6,000 customers composed of independent automotive repair shops and repair shop networks, car dealerships, glazers, claim adjusters, insurers, fleet managers and car OEMs.