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Advice: Eight Advisory opens its capital to one of GBL’s funds

July 21, 2022
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Advice: Eight Advisory opens its capital to one of GBL’s funds
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Posted Jul 21, 2022, 6:09 PMUpdated on Jul 21, 2022 at 6:20 PM

They are among the consulting firms that thrive in the shadow of industry giants. Launched in 2009 by eight former members of the Big Four, Eight Advisory has been advancing since its inception at a sustained rate of 21% average annual growth, which allows it to display today almost 700 employees and 76 partners on the balance. , for a turnover of 175 million euros last year.

In order to continue on this trajectory, or even accentuate the curve, this specialist in financial advice to companies has decided to open up its capital. It is the Sienna investment fund, controlled by GBL – the holding company of the Belgian Frère and Canadian Desmarais families – which is involved in the business, with an unspecified minority stake.

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