A strategic alliance based on shared values and expertise
With over 14 years of expertise, the Pandora Group is a leading independent provider of IT, computing, and telecom services to businesses and local authorities. It supports its customers in their digital transformation through an integrated offering covering telecoms, IT, managed services, and cybersecurity, with a strong culture of proximity and long-term support.
With a strong presence in Normandy and Hauts-de-France, Group Solutions is a specialist in IT services, recognized for the quality of its support and its expertise in IT and cybersecurity for a professional clientele, with 40 years of expertise.
In this context, I-Deal Development supported the merger of the Pandora Group with Group Solutions, giving rise to a leading player in IT, computing, and telecom services, the result of a shared DNA and vision between the two groups.
Complementary regional presence and strengthened positioning
With complementary regional presence, Pandora Group (Brittany, Ile-de-France, and Eastern France) and Group Solutions (Normandy and Northern France) now form a group covering nearly half of France. This geographical complementarity strengthens customer proximity and enables the group to support customers more closely in their operational challenges.
Group Solutions is a natural complement to the Pandora Group’s offering, with its wealth of expertise, particularly in IT and cybersecurity.
A comprehensive operation combining fundraising and acquisition
In this context, I-Deal Development supported the Pandora Group throughout the entire operation, both in raising funds and structuring a bank syndication, and in the acquisition of Group Solutions.
The fundraising was carried out with financial partners specializing in supporting growing SMEs and mid-cap companies, led by Entrepreneur Invest, BRED Banque Populaire, and Caisse d’Épargne Normandie Capital Développement.
It was supplemented by senior bank financing from Banque Populaire Grand Ouest, Crédit Agricole Bretagne, Caisse d’Épargne Bretagne Pays de la Loire, BNP Paribas, and BRED Normandie.
Structured around a long-term partnership approach, the Pandora Group has surrounded itself with partners to support the next chapter in the group’s development, while maintaining management control and aligning interests around the industrial project.
An ambitious and sustainable growth trajectory
Over the next three years, the new group has set itself a clear and ambitious trajectory: to achieve €100 million in revenue, continue to grow its customer base across all its business lines, and pursue an active recruitment policy, creating more than 50 new jobs, with employee satisfaction at the heart of its strategy.
“I particularly appreciated the availability of the teams and the quality of the coaching provided throughout this strategic acquisition process. I had a real rapport with my contacts at I-Deal Development, Irvinn and Victorien, who combined attentiveness, adaptability, and solid technical skills.” Julien Kerlouët, CEO – Pandora Group
“This transaction is a major step in the development of the Pandora Group. It enables us to structure an ambitious merger project based on shared values, a shared vision of the business, and a path to sustainable growth.” Irvinn Aubert, Associate Director – I-Deal Development
