Accueil
Opérations réalisées
Calmon Partners
→
Influences

Mergers & Acquisitions · Completed deal · Buy-side advisory

Calmon Partners acquires PR agency Influences: adding opinion communications to its services platform

How the services group dedicated to the financial sector integrated the opinion communications agency founded by Catherine Meddahi — the need, the approach, the stakes and the macroeconomic reading of a PR agency acquisition that grows the group by half and makes the target's brand the group's common banner.

+50%
growth in revenue and headcount brought by the deal
2006
Influences agency founded by Catherine Meddahi
3
group business lines: executive search, fundraising, press relations
2024
deal announced in late October
The acquirer

Calmon Partners, the services platform for the financial sector

Founded in 2020 by Claude Calmon, the Calmon Partners group has built itself as a services platform dedicated to the investment sector, organised around three core, complementary activities: an executive search firm specialising in finance roles, fundraising support and press relations. Unlisted, headquartered in Paris with offices in London and Geneva, the group serves investment funds, banks, family offices and fintechs, and in 2021 added its own media outlet — Finyear.com, at the crossroads of traditional and decentralised finance. Its strategy, set out in the deal announcement, is to strengthen its position as a partner to companies, in France and internationally, in managing their image and communications — with the stated aim of reaching critical size within three to five years.

COMPANY · LEGITIMATE SOURCE TRUSTED THIRD PARTY OPINION · CRISIS · FINANCIAL MEDIA & OPINION LEADERS
The target's core know-how: opinion communications, between the company's legitimate voice and the credibility of the media
CP Calmon Partners Financial sector services — Paris · London · Geneva calmonpartners.com
I Influences Opinion communications consultancy — founded in 2006 agence-influences.com
The seller

Influences, the opinion communications consultancy

Founded in 2006, Influences is an opinion communications consultancy whose recognised expertise also covers crisis communications and financial communications — the trusted third party that keeps information flowing smoothly between businesses and the media, with a multidisciplinary team of press relations consultants, community managers, strategic planners and copywriters. What sets it apart is its founder's background: the agency's positioning is the fruit of Catherine Meddahi's thirty years of experience, spanning the media, the external relations departments of major high-profile industrial groups and advisory work on sensitive communications. Continuity is publicly defined: all the group's teams now operate under the Influences brand — the target's brand becoming the common banner — and the founder is staying on as an adviser to the group for two years.

Deal visibility

Press coverage of the Calmon Partners–Influences acquisition

The deal was announced in late October 2024 and covered by the leading titles of the French communications trade press. The three publications:

Stratégies28 October 2024 Calmon Partners group acquires the Influences agency

The leading French communications and media magazine sets out the deal: the group — a recruitment firm specialising in finance and a provider of fundraising and press relations support — is taking over the opinion communications agency with the backing of Caisse d'Épargne and BPI. The article gives its scale — growth of more than 50% in revenue and headcount — and the two structuring decisions: all teams under the Influences brand, and the founder as adviser to the group for two years.

CB News28 October 2024 Calmon Partners acquires the Influences agency

The French communications daily details the roadmap set out in the announcement: strengthening the group's position with companies, in France and internationally, in managing their image, with a stated objective — reaching critical size within three to five years. The article highlights the central role the Influences brand intends to play in public relations within the combined business, now brought together under its name.

Lemediacom30 October 2024 Calmon Partners Group acquires Influences

The communications trade outlet relays the announcement and places it within the acquirer's structure: a group founded in 2020 by Claude Calmon and organised around three core, complementary activities — executive search specialising in finance roles, fundraising support and press relations — which, with Influences, adds opinion communications consultancy as the fourth building block of its services platform.

What was at stake

Why this PR agency acquisition, and why this target

For Calmon Partners, the issue was the platform itself: a group that recruits finance executives, supports fundraisings and orchestrates its clients' press relations already held three links in the image chain — it lacked the fourth, opinion communications consultancy, the one that steers reputation at the moments that matter: crises, financial transactions, sensitive public statements. Rather than build this expertise, which takes a long time to become credible, the group acquired it ready-made — and the deal changed its scale, with growth of more than 50% in revenue and headcount. The ambition is stated in the announcement: to become the “partner of reference for companies”, in France and internationally, in managing their image and communications.

FINANCE · 3 BUSINESS LINES CALMON PARTNERS OPINION COMMUNICATIONS INFLUENCES SENIOR MANAGEMENT & FINANCIAL ECOSYSTEM
The strategic aim: completing the services platform with the advice that steers reputation

On the target side, Influences brought what no hire can create: eighteen years as an agency and, above all, its founder's thirty years of experience — from newsrooms to the external relations departments of major high-profile groups, through to advising on sensitive communications — distilled into a rare positioning, that of trusted third party within the information ecosystem. Its three areas of expertise — opinion, crisis and financial communications — match the group's clientele exactly: funds, banks and fintechs, for which every fundraising, every transaction and every crisis calls for this kind of advice. The two public decisions in the deal structure show the regard in which the target was held: its brand becomes the banner of all the group's teams, and its founder stays alongside the business for two years to support the handover.

The macroeconomic reading

Image and reputation consultancy consolidates around integrated platforms

This deal illustrates the reshaping of the French agency market: between the large international networks and the multitude of independent agencies, room is opening up for integrated platforms that bring together, under one brand, the adjacent image disciplines — press relations, opinion communications, crisis and financial communications. The pressure comes from clients: senior management teams want fewer counterparts and more continuity between their reputation, financing and talent issues — and agencies founded by a single personality, now facing succession, find in joining such platforms a way to secure their future that the advertising market did not offer them.

The deal also tells the story of a carefully structured, entirely public handover: financing supported by Caisse d'Épargne and BPI, growth of half in the group's revenue and headcount, and two rare gestures towards the target — its brand made the common banner of the combined business, and its founder appointed as adviser for two years, the time needed to pass on the relationships and culture that make an agency valuable. The consolidation is domestic and Parisian at its core, international in its horizon: the group targets France and international markets from its offices in Paris, London and Geneva.

PARIS · LONDON · GENEVA CALMON PARTNERS GROUP OPINION COMMUNICATIONS CONSULTANCY INFLUENCES AGENCY ACQUISITION 2024
A domestic consolidation with an international horizon: the agency joins the group's platform
The adviser's role

Collaboration Capital's added value on this buy-side mandate

On this deal, Collaboration Capital acted as buy-side adviser. Acquiring a consultancy plays out in four stages — and the nature of the asset, a trusted brand carried by people, gives each of them a particular sensitivity.

I

A clear understanding of the mandate

Scoping an acquisition in communications consultancy is highly specific: a services platform completing its chain is not looking for fee volume, but for credible expertise — here opinion, crisis and financial communications — that is compatible with its client base and free of conflicts of interest with its existing businesses. The sector's channel shapes the specification: CEOs and communications directors choose their advisers on reputation and seniority — the ideal target is recognised by the strength of its brand among these decision-makers, not by the size of its headcount.

II

Target sourcing and assessment

The Paris agency market runs to hundreds of firms that official classifications lump together under communications consultancy — never separating advertising from opinion work, events from crisis management, nor saying who actually advises senior management. Assessing them calls for criteria specific to the trade: recurrence of mandates — crisis and financial communications fees build loyalty where campaign work is volatile —, team seniority, portfolio concentration and dependence on the founding personality, which is decisive in firms built on a name. Half the analysis lies there: which part of the value survives the handover?

Off-market channel

Off-market sourcing

Collaboration Capital's technological edge lies in how it identifies targets: semantic clustering and machine-learning algorithms, rather than sector and administrative classifications. Official activity codes put companies into boxes that cannot answer an acquirer's overall objective — they ignore the actual business, the distribution model, the customer mix and the business model. Semantic analysis, by contrast, reads what companies really do and maps those that fit the acquisition thesis in every dimension, including — above all — those that are not for sale. In a market like that of agencies, where a single activity code mixes advertising, events and advice to senior management, this is what reveals targets that no sector database brings to the surface.

On-market channel

On-market sourcing

The same infrastructure applies to the visible market: the technology extracts the acquisitions and disposals completed in the client's target sector — and, above all, it identifies the dealmakers who led them: lawyers, auditors, lending banks and investment funds, assessing how specialised each of them is in the sector concerned.

Collaboration Capital thus identifies the dealmakers genuinely active in the target sector, finds their business contact details — emails and phone numbers — and gets in touch to present the client's acquisition project. This is how the on-market channel is fed: it gives the client access to the businesses for sale circulating on the market, at the moment they circulate, through the people who circulate them.

Combined, these two channels raise the level of the sourcing game: Collaboration Capital's technology infrastructure becomes a genuine game changer for acquisition projects. It is designed for ambitious companies that want to build their external growth on this high-end infrastructure.

III

Direct approach and introductions

Approaching the founder of an agency that represents eighteen years of her professional life means answering the question every consultancy personality asks when it is time to hand over: what becomes of the brand, the team and the word given to clients? The sensitivity of the trade doubles the discretion required — an opinion communications agency cannot let its own succession become a matter of public opinion. The answer lay in the project itself, and the final deal structure set it in stone: the target's brand made the banner of the whole group — the opposite of an absorption — and a two-year adviser role for the founder, the time to pass on relationships and culture.

IV

Negotiation through to closing

Structuring an agency acquisition focuses due diligence on intangible assets: the mandate portfolio and its recurrence, key people and their retention, reputation — the very asset of the trade — and the strength of client relationships beyond the founder. The deal brought together all the hallmarks of a well-run transaction: financing supported by named partners — Caisse d'Épargne and BPI —, legal and tax advisers publicly identified on both sides, the founder's support contractually agreed for two years, and a transformational integration — more than 50% growth for the group — announced together with its roadmap to critical size within three to five years.

The deal at a glance
Acquirer
Calmon Partners — Paris · London · Geneva
Target
Influences — agency founded in 2006
Target's business
Opinion, crisis and financial communications
Impact
+50% revenue and headcount for the group
Continuity
Influences brand rolled out group-wide · founder as adviser for 2 years
Year
2024 (announced in late October)
Firm's role
Buy-side advisory
Prendre rendez-vous
Un échange confidentiel de 30 minutes avec un associé — sans engagement.
Merci ! Votre demande a bien été reçue.
Une erreur est survenue lors de l'envoi. Merci de réessayer ou de nous écrire à assistance@collaborationcapital.org.
Lancez une recherche de cibles

Un premier échange de 30 minutes avec un associé pour cadrer votre thèse d'acquisition et définir le périmètre de recherche — sans engagement.

  • Reply within 24 business hours

  • Confidentiality guaranteed — NDA on request

  • IOBSP broker registered with ORIAS under no. 25000696

The information collected is used solely to process your meeting request. You have the right to access, correct and delete it — see our legal notice.

Thank you! Your request has been received.
Something went wrong while sending. Please try again or email us at assistance@collaborationcapital.org.