News & Press
Alpha appoints Managing Director in France
The development of Alpha Associés Conseil (“Alpha”), led by Patrick Herman since 2017, is entering a new phase with the arrival of Pierre-Olivier Desplanches as Managing Director.
Alpha has been present in France for more than thirty years and is now entering a new phase of development.
Pierre-Olivier Desplanches, (45), a graduate of Paris Dauphine, has spent most of his career in private equity after a first experience with Arthur Andersen in 1997. In particular, he spent more than 18 years at Carlyle in France (from 1999 to August 2017) where he participated in the investment of the first four European LBO funds. After a stint at Montagu he was attracted by the Alpha project led by Patrick Herman and the entire French team.
Pierre-Olivier Desplanches will report directly to Patrick Herman, who has been managing Alpha's offices in France (and Benelux) since 2017. The collaboration between Patrick Herman and Alpha goes back nearly 20 years, when Alpha accompanied him in his first LBO on Rétif. Building on this initial success, Alpha and Patrick Herman have jointly achieved success by making three other investments, the last of which, Hans Anders, was sold in 2017. Under his leadership, Alpha has repositioned itself on the French market as seen with the recent acquisition of the Vervent Group (Focal Naïm) announced in October 2019.
Patrick Herman, President of Alpha Associés Conseil: “We have strong ambitions on the French market where we have long term views and the will to continue to support companies in their growth. We usually invest in companies with an enterprise value of 100 to 500 million euros, but are ready to accompany growth adventures in a more diversified way if we believe we can bring added value.”
Pierre-Olivier Desplanches, Managing Director of Alpha, adds: "I am very happy to join Patrick Herman and the team and to put my experience to good use in the further development of the franchise in France. I fully endorse the corporate culture and values of Alpha, which promises to be a guarantee of success for this new challenge. »