CAPZA-backed Magellan Partners completed the acquisition of Adone Conseil.

CAPZA-backed Magellan Partners, a company that provides venture and advisory services for emerging growth companies, completed the acquisition of Adone Conseil, a company that is a provider of management consulting services intended for fashion, cosmetics, jewelry, tourism, specialized distribution, financial and other sectors. Financial terms were not disclosed. “I am very happy that Adone Conseil has decided to approach Magellan Partners. We share the same vision, the same understanding of the challenges of digital transformation and the same culture of excellence. Adone Conseil has become a true leader in its market thanks to its know-how and in-depth knowledge of the Luxury and Retail businesses. Our two companies will take advantage of their great complementarity of expertise and thus offer great value to all players in these two sectors in France and in Europe," Didier Zeitoun, Magellan Partners President.