Financial Advisor to the shareholders of CSD Group

The CSD Group, which was owned by its management team, sought to rejuvenate and strengthen its own shareholder structure as part of its growth strategy. As part of their succession plan, the company has found an excellent partner in Initiative & Finance as its new anchor shareholder. Both partners have similar corporate cultures and share the same sensitivity to environmental, social and governance issues which will drive this partnership. Additionally, the internal shareholding model, which is part of the CSD Group’s culture and values, has been renewed with significant participation of the Group’s management, executives and employees.

Olga Darazs, Chair of the CSD Group Board of Directors, summarizes: «We have found the perfect partner to continue our growth path and we are paving the way for the next generation of CSD leaders with this transaction.»

Initiative & Finance, with its own mid-cap fund «Tomorrow», is a French investment company that accompanies management teams of mid-sized companies which put a sustainable business model at the center of their own corporate strategy and focus essentially on solving environmental problems.

Support by IFBC

‍IFBC supported the shareholders of CSD Group as financial advisor in partnering with the new majority investment partner Initiative & Finance.

Olga Darazs, describes the support of IFBC as follows: «We thank IFBC for their excellent support in this transaction. Their expertise was very valuable to us in particular to secure the interests of sellers as well as the next generation of CSD leaders in the short- and long-term.»

About CSD Group

‍CSD Group is a Swiss consulting and engineering company that advises both public sector institutions as well as private individuals on environmental, natural resources and construction issues. The group comprises a total of 30 offices in Switzerland, Belgium, Luxembourg, Germany, Italy and Lithuania.

‍