#Eiréné - Security and defense

The ADIT Group reshapes its shareholding structure by welcoming five new investors to its capital, reinforcing its position as the European leader in strategic intelligence and operational support

07/11/2025

The ADIT Group, chaired by Philippe Caduc, announces the signing of a club deal on the occasion of its fifth LBO, to support the next phase of the group’s development. Alongside the existing shareholders, who have all chosen to reinvest, the Group welcomes five new shareholders to its investor base: a consortium UI Investissement – MACSF, Covéa, the Strategic Participation Fund, several family offices associated with the Louis-Dreyfus family, as well as the Weinberg Capital Partners fund specializing in the defense and security sector (Eiréné).

The ADIT Group, a key player in economic sovereignty and the European leader in strategic intelligence and international operational support for businesses and states, is thus creating a capital structure capable of sustainably supporting the group’s growth ambitions.

Following a selective process led by Lazard bank, this operation values the ADIT Group at over €800 million in enterprise value and crowns the company’s strategy in recent years to consolidate its core businesses, expand into new sectors such as public affairs and strategic communication, defense-related training, and cybersecurity, and to develop internationally to become the European leader in strategic intelligence.

The new shareholding structure will gather complementary shareholders alongside the executives and leaders of the group who hold shares: institutional investors and insurers, investment funds, and family offices.

New investors joining the group’s capital include:

  • A consortium UI Investissement (investment company) – MACSF (mutual insurance for healthcare professionals);
  • Covéa (mutual insurance and reinsurance group);
  • The Strategic Participation Fund (FSP), an alliance of seven major French insurers;
  • Several family offices linked to the Louis-Dreyfus family: Florac, Stags Participations, and Impala;
  • Weinberg Capital Partners (via its defense and security-specific fund, Eiréné), accompanied by Klésia (general interest insurer).

    Current shareholders have all chosen to reinvest, demonstrating their confidence in the group’s prospects:

    • Sagard, key shareholder since 2022, returns as a minority shareholder;
    • Parquest, shareholder since 2019;
    • Amundi Private Equity Funds, which has supported the group since 2019 (alongside Idia and Socadif);
    • Bpifrance, historical shareholder since 2015, continues to support the group as a strategic partner. Additionally, the French State retains its rights at both the ADIT and DCI levels.

    A leading pool of lenders finances the operation through unitranche debt, backed by the group’s historic lenders, Tikehau, Eurazeo Private Debt, and Five Arrows, joined by Natixis for this transaction. The group will thus have significant financial resources, including a line for external growth financing, as well as strategic French shareholders involved in a sustainable support approach.

    The ADIT Group has experienced strong development over the past four years, growing from €142 million in revenue in 2021 to an expected €525 million in 2025, with 60% generated internationally. With 18 external growth operations in recent years, robust organic growth, and the establishment of foreign branches, the group has consolidated its businesses and expanded its activities, thereby creating a unique platform of advisory and operational support for businesses and states. In an international environment marked by uncertainty, increased tensions, and shifting power dynamics, businesses and states need reliable partners capable of anticipating, controlling, and acting on increasingly complex strategic and competitive situations.

    The group’s ambition for the coming years is to double in size by leveraging these promising fundamentals and to accelerate its international presence through the creation of local entities and external growth.

    About the ADIT Group

    The ADIT Group is a global reference player in strategic intelligence and international support services. Founded 30 years ago, the ADIT Group now supports over 1200 clients, including multinationals, mid-sized companies, SMEs, investment funds, and institutions, across activities that share the common theme of risk management and international support. With global intervention capabilities and coverage in over 130 countries, the group is a leading partner for its clients, offering complementary services: strategic intelligence, business ethics, public affairs and strategic communication, international trade support, security and risk management, cybersecurity, and defense training. With over 2000 employees worldwide and consolidated revenues exceeding €525 million, the group is an integrated platform of strategic and operational support for businesses and states with unique capacities in its sector.

    Contact: Comcorp (Ingrid Bregeon-Fall) / ibregeonfall@comcorp.fr

    About Weinberg Capital Partners

    Founded in 2005, Weinberg Capital Partners is an independent investment company historically active in buy-out capital, which expanded its field of intervention to real estate assets in 2008. In 2020, Weinberg Capital Partners added its capacity to invest in SMEs/mid-caps with a minority strategy focused on sustainable development issues, which offers extra-financial support known as impact, to better prepare companies for environmental and societal challenges. In 2023, Weinberg Capital Partners created a new fund, Eiréné, dedicated to the development of SMEs/mid-caps in the security and defense sector. In 2024, the company continued its growth in private equity with the launch of a co-investment fund, WCP Co-Invest.
    With €1,8 billion of assets under management, Weinberg Capital Partners is a significant player in the mid-market equity segment in France.

    Weinberg Capital Partners is a signatory of the PRI, a member of the International Climate Initiative and an active responsible investor.

    Weinberg Capital Partners supports Télémaque, an association for equal opportunities in education.

    For more information: weinbergcapital.com.
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    Press contact

    Bérengère Beaujean
    Head of Communications
    berengere.beaujean@weinbergcapital.com
    + 33 7 85 58 29 73

    Investors relations contact

    Alain Biquard
    Development and Investor Relations Manager
    alain.biquard@weinbergcapital.com
    + 33 7 86 36 90 79

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