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Financing
2013
Client:Emresa Sympass
Action:MBI and Fund Investor
3rd Party:Private Investors
Date:2013
Sector:Business Consulting Services
Type:Financing
Business Consulting Services
TENZING Partners acted as the exclusive advisor to EMRESA S.A. in its management buyout (MBO), supported by an investment from FIELD SICAR to facilitate the company’s transition and future expansion.
Founded in 2003 by Marc Neuen, EMRESA S.A. operates under the well-known brands SYMPASS and ALADIN, providing employee benefits, discounts, and concierge services in Luxembourg. Through partnerships with a wide network of commercial and service providers, the company offers employees exclusive discounts on cinema tickets, theme parks, and retail stores within the Greater Region.
Since 2008, EMRESA expanded its offering with ALADIN, a concierge service that allows employees to manage personal tasks such as laundry, flower deliveries, and car washes through a single point of contact. Today, the company is the market leader in Luxembourg’s employee benefits sector.
About FIELD SICAR
FIELD SICAR is a private equity fund specializing in leveraged buyouts (LBOs) in Eastern France, Luxembourg, and Belgium. The fund invests in niche companies with strong competitive advantages, supporting their growth through minority or majority participations. FIELD SICAR focuses on helping businesses expand within their target markets and adjacent regions, including Germany’s Saarland and Northern France.
Transaction Highlights
Completed on February 6, 2013, the MBO was designed to:
Enable the transition of EMRESA’s leadership while ensuring business continuity.
Support the company’s expansion into Belgium, Germany, and France.
Strengthen the SYMPASS and ALADIN brands within Luxembourg and beyond.
Founder Marc Neuen remained a shareholder while stepping back from daily operations, with long-time executive and CEO Valérie Crauser joining the ownership structure. With FIELD SICAR’s backing, EMRESA aims to scale its successful business model and further enhance its service offerings.
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