CIL furthers its international growth ambitions with a new office in Paris
CIL Management Consultants has opened a new office in Paris, strengthening its European presence and bringing its value creation services and expertise in mid-sized, high growth businesses, to the second largest economy on the continent.
The new office will build on CIL’s leading position in strategy consulting, value creation and commercial due diligence. Leading the Paris operation is Nahel Rachet, who joined CIL’s London office five years ago as an Analyst and has built up his career within the firm to become Senior Manager and CIL France lead. Along with Nahel, a multicultural team from CIL will bring the firm’s quality of work showcased in the UK, Germany and US, alongside a non-hierarchical culture where everyone has an impact.
Nahel commented: “The initial core team is all from CIL’s London office. We feel it’s important to retain the culture, the expertise, and the quality of work that we’ve developed over the years. But we won’t be a siloed team operating in France, we will take advantage of CIL’s global network. It’s really about having a mix of local presence in the French market but a global capability that our French clients can benefit from.”
CIL’s international experience has proven fundamental, as private equity houses are increasingly thinking globally and developing their strategies for growth on international expansion. With offices in multiples countries across Europe and North America, CIL is well placed to serve these high-growth businesses in the mid-markets.
Jon Whiteman, Managing Partner at CIL, remarked: “Across all of our geographies, private equity portfolio companies are looking to drive value and growth within their businesses. And we’ve got a range of products outside of transactional work, which can support their growth during a private equity hold period. With inflationary pressures and cost increases everywhere, pricing is a really good example. Medium-sized businesses do not have Pricing Directors within their organisations, so our pricing practice can help organisations decide how to optimise their pricing, which drives growth, profitability, and ultimately, value for their companies.”
On the new Paris office, Whiteman said: “France is a really important piece in the jigsaw puzzle of our global expansion. We’re delighted to continue our global expansion with the opening of this new office. We’ve been serving French clients and operating in the French markets for a number of years, but to better serve them and increase the client base, we’ve invested in full delivery teams and an office in central Paris.”
Regarding CIL’s plans to grow the new office, Whiteman highlighted the importance of having a local presence in the team. “We need to hire really talented graduates from French colleges and universities, but also senior people from France with well-rounded experience. And we think we can do that because we’ve proven it in America and Germany. CIL provides a great mix of being part of a growing international company – offering an entrepreneurial edge to create a start-up atmosphere, but with a fantastic mothership that ensures funding, expertise, and stability.”
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