Eight Advisory: The latest figures, news and market research on Eight Advisory

Turnover: 211 million EUR (2023)

Country: France

Strategy consulting firm, 76 partners, more than 700 employees

Audit and Consulting: more and more firms are being acquired 14/06/2024

Mawenzi Partners comprises 45 consultants and was founded in 2011.
Eight Advisory has been targeting organic growth of 20-25% per year since its creation in 2009.
Following the acquisition of Mawenzi, the number of consultants in Eight Advisory's strategy and operations division will increase by a third, to 150.
Eight Advisory expects to exceed one thousand employees by the end of the year.
Eight Advisory is expected to generate sales of €250 million by the end of the year.
Prior to the acquisition, a quarter of Eight Advisory's business was conducted abroad, without its own offices.
The company has now opened offices abroad, most recently in Spain.
Grant Thornton hopes to generate sales of 300 million euros by 2024, and is considering several acquisition proposals.
Merger between Utopies and social expert Alternego, under the aegis of the Impact Partners fund, creates a group with sales of 16 million euros and 110 employees.
Advents and Cometh, two experts in insurance consulting, form a group with almost 100 employees.

Eight Advisory 03/02/2024

- Eight Advisory was founded 13 years ago.
- It was spun off from former EY/Arthur Andersen partners.
- 750 employees
- The Strategy & Operations division accounts for 20% of the company's sales.
- The firm has 85 partners
- The company has thirteen offices in Paris, Lyon, Nantes, Rennes, Marseille, Amsterdam, Brussels, London, Frankfurt, Munich, Hamburg and Zurich.

Customers who turn to Eight Advisory for transformation consulting. 03/08/2022

Transformation Consulting (100 of the firm's 500 employees, 18 of the 62 partners)
In 2020, Eight Advisory worked on the implementation of the "Change Up" strategic operational plan for the Pierre et Vacances Center Parcs group, followed by support for its financial restructuring in early 2021
Eight Advisory finalized a carve-out mission for Clarins (sale of its Fragrance and Fashion business to L'Oréal)
Eight Advisory led a digital transformation plan for Adecco.

Eight Advisory has chosen GBL to accelerate its growth. 03/08/2022

Sienna Private Equity joins Eight Advisory after GBL subsidiary Kartesia in 2017 and 2019
Minority stake
Annual growth of 20 to 25%
Firm with 650 employees (including 76 partners).
Recognized in financial due diligence and restructuring, as well as strategy/operations consulting
Ambition to double in size within 5 years. 10
Presence in Switzerland and the Netherlands, Germany, the UK, Belgium and North America.

Consulting: Eight Advisory opens up its capital to one of GBL's funds 21/07/2017

Consulting: Eight Advisory driven by business transformation 10/05/2017

Eight Advisory reorganizes its headquarters 04/02/2017

DUNS: 514274760

Legal Name: EIGHT ADVISORY

Address: 40 RUE DE COURCELLES , 75008 PARIS 8

Number of employees: Entre 20 et 49 salariés (2020)

Capital: 3 211 666 EUR

Financial Data:

Year	2020	2019	2018	2017	2016	2015
Turnover	20 894 326	19 995 810	16 269 131	12 498 176	9 180 686	8 322 242
Gross margin (€)	20 986 735	19 995 812	16 611 777	12 516 035	9 180 687	-
EBITDA (€)	5 119 584	6 041 547	4 329 957	3 373 575	2 504 185	-
Operating profit (€)	4 168 416	5 130 872	3 736 070	2 850 761	2 283 969	-
Net profit (€)	13 117 376	12 615 027	10 026 120	7 311 203	6 633 470	4 051 257
Turnover growth rate (%)	4,5	22,9	30,2	36,1	10,3	-
Ebitda margin rate (%)	24,5	30,2	26,6	27	27,3	-
Operating margin rate (%)	19,9	25,7	23	22,8	24,9	-
Working Capital (turnover days)	239,3	292,2	255,1	206,7	169,5	-
Working Capital requirements (turnover days)	110,5	139,1	133,5	156,1	119,4	-
Net margin (%)	62,8	63,1	61,6	58,5	72,3	-
Added value / Turnover (%)	80,9	82,5	77,3	75,6	72,8	-
Wages and social charges (€)	11 093 502	9 858 964	7 608 049	5 631 899	3 895 721	-
Salaries / Turnover (%)	53,1	49,3	46,8	45,1	42,4	-

Company Managers:

Position	First Name	Last Name	Age	Linkedin
Directeur général	Eric	DEMUYT	58

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