Ardian takes minority stake in Rivalis
Summary
Rivalis provides business managers with a real-time overview of their company’s financial situation (such as turnover, profitability and forecasts) and enables these individuals to measure the impact of their decisions on areas such as budget, recruitment and investment. Lionel Valdan, co-founder of Rivalis, said: “With the arrival of an investor like Ardian, we are equipping ourselves with the vital resources to support our growth ambitions, in particular by strengthening our digital expertise and by introducing a targeted acquisition strategy.” Romain Chiudini, Director within the Ardian Growth team, said: “Beyond its solid financial foundations, Rivalis has built a unique offer around a previously unseen business model. Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 590 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). With 522 independent advisors in the field and 17,500 users, Rivalis is the number one network for executive support in France today and the company is successful because it meets the real needs of micro-businesses, craftsmen and SMEs.