Interpath Advisory kicks off international expansion in France

28 June 2024 Consultancy.uk 3 min. read
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As it looks to expand into continental Europe, Interpath Advisory has announced the launch of a new office in France. The Paris locale will be helmed be a string of senior hires.

Interpath CEO Mark Raddan stated, “We’ve made no secret of our desire to expand into all major financial centres around the globe. Paris was always high on our list, with its reputation as a world-leading business and financial hub and in particular, given the strength of its financial services and private equity community.”

In Interpath’s latest financial results, it reported that advisory revenues had boomed from £2.8 million to £26.9 million. As the firm looks to build on this, and strengthen its reputation as a multidisciplinary firm with a full suite of deals and advisory services – from M&A and transaction services, to data, technology, pensions, and tax advice – its recently appointed CEO Raddan has sought to expand its service offerings, and move into new geographies.

Interpath Advisory kicks off international expansion in France

“But we don’t intend to stop here,” Raddan added. “With Paris as our first step into mainland Europe, we fully intend to accelerate our growth plans further, aiming to be in additional European markets by the end of the year, as we continue to shake up and disrupt the traditional professional services model.”

The firm now aims to rapidly establish and consolidate a market-leading presence in the French market with its provision of best-in-class advisory and restructuring services. As part of this new multi-disciplinary offering, Interpath will be headed by Barema Bocoum.

Speaking on the road ahead, Bocoum, who becomes CEO of Interpath in France, noted, “With the arrival of Interpath Advisory, the French advisory market has not seen such a radical and wholesale shake-up for over 15 years. From here, we have strong ambitions to create a full-service, cross-border, advisory platform, which has agility, independence and excellent client service at its heart. The rest of 2024 will be exciting, no doubt, as we look to attract first-class talent, forge new relationships with clients and ultimately, seize market share in both deal advisory and restructuring.”

From its new office located in the heart of central Paris, Interpath will focus on advising both mid-market and large-cap companies in the French market. This includes plans for a recruitment drive to bring together over 150 professionals in France by the end of 2024, including a core management team of 25 managing directors and directors. As part of this, Interpath has already added five new managing directors and two directors to the French team.

Benjamin Tarac, a seasoned financial services specialist, joins as Managing Director and will head the Transaction Services Team in France. Guilhem Maguin arrives in the same rank, and will oversee the development of Interpath’s offering for private equity clients in France. Jack Rupchandani joins the firm to lead Interpath’s Real Estate and Consumer Goods sector offerings, including financial due diligence and valuation services. Marc Civita brings over 15 years of experience in financial services, mainly in deal advisory. And Florent Steck, a seasoned professional in the Transaction Services industry, has joined Interpath to focus on private equity, large corporates, and tech clients.

Lauren Goodenough and Mehdi Dihi meanwhile arrive as directors.