{"id":12701,"date":"2025-02-03T08:00:59","date_gmt":"2025-02-03T07:00:59","guid":{"rendered":"https:\/\/www.cdsgroupe.com\/?p=12701"},"modified":"2025-02-03T08:29:53","modified_gmt":"2025-02-03T07:29:53","slug":"andera-partners-invests-alongside-the-founder-and-long-standing-shareholders-of-groupe-cds","status":"publish","type":"post","link":"https:\/\/www.cdsgroupe.com\/en\/press-releases\/andera-partners-invests-alongside-the-founder-and-long-standing-shareholders-of-groupe-cds\/","title":{"rendered":"Andera Partners invests alongside the founder and long-standing shareholders of Groupe CDS"},"content":{"rendered":"

[vc_row][vc_column][vc_single_image image=”12681″ img_size=”full” alignment=”center”][vc_column_text]Paris, February 3, 2025<\/strong><\/p>\n

Since 2020, Groupe CDS, a leading European provider of business travel solutions for corporate clients and travel management companies , has been backed by IDI.<\/strong><\/p>\n

With this new investment, Andera Acto joins the company\u2019s shareholder base alongside the leadership team and IDI, which is reinvesting as part of the transaction.<\/strong><\/p>\n

Founded in 2001, Groupe CDS offers a comprehensive digital platform that helps its clients (corporate clients and Travel Management Companies) manage the entire hotel booking process for business travel while optimizing both direct and indirect costs.<\/p>\n

As France\u2019s leading independent player and the second largest in Europe, the Group delivers technology solutions tailored to the complex needs of its clients. By combining cutting-edge tools with essential services\u2014including a booking platform, dedicated support, payment and reporting solutions, and custom developments\u2014the Group offers an all-in-one solution designed to ensure a seamless and reliable customer experience. This integrated approach is reflected in its new name, S4BT \u2013 Solutions for Business Travel.<\/p>\n

Thanks to its unique positioning, S4BT serves businesses of all sizes and industries, helping them gain greater control over hotel spend.<\/p>\n

The Group\u2019s strong growth has been fueled by both organic expansion and successful international acquisitions. Today, it has nearly 450 employees across five major European countries (France, Germany, Italy, Poland, Croatia) and operates four brands (CDS, CRC, Goelett, and SIAP), generating an annual hotel booking volume of \u20ac800 million, highlighting its solid market position.<\/p>\n

This sponsorless deal restructures the Group\u2019s capital around founder and CEO Ziad Minkara, who aims to leverage the support of Andera Acto and long-standing shareholder IDI\u2014reinvesting in a minority position\u2014to drive Groupe CDS\u2019s continued expansion. A key focus will be external growth, further strengthening the company\u2019s international reach.<\/p>\n

Commenting on the transaction, Ziad<\/strong> Minkara<\/strong> stated:<\/p>\n

“From the outset, Arnaud and his team demonstrated a strong commitment to supporting us with a true entrepreneurial spirit. Their expertise played a decisive role in my choice. IDI\u2019s renewed confidence further strengthens our determination. Together with Fran\u00e7ois Machenaud, we are fully committed to elevating Groupe CDS to the rank of global leader in Business Travel Tech solutions. Alongside our teams and financial partners, we are shaping the future of business travel while maintaining our independence.” <\/em><\/p>\n

Arnaud Faure<\/strong>, Partner at Andera Acto, added:<\/p>\n

“Ziad and his team have demonstrated their ability to drive both strong organic and external growth, establishing Groupe CDS as a major European player with a comprehensive suite of business travel management solutions. We are delighted to support them in this next phase of development, particularly as they expand into English-speaking markets. The Group aims to become Europe\u2019s leading technology integrator for the hotel and business travel sector, serving both corporations and Travel Management Companies.”<\/em><\/p>\n

Marco de Alfaro and Jonathan Coll <\/strong>of IDI, concluded:<\/p>\n

“<\/em>Groupe <\/em>CDS\u2019s journey since we first invested in 2020 has been impressive. Despite a challenging environment, Ziad and his team have successfully expanded their client base while consolidating their market through three strategic acquisitions\u2014transforming <\/em>Groupe <\/em>CDS into a leading pan-European group. We are pleased to renew our support for Ziad and his team and look forward to contributing to the next phase of this ambitious journey, both in France and internationally.” <\/em><\/p>\n

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Transaction Advisors:<\/strong><\/h2>\n

Shareholders:<\/strong><\/h3>\n