Sale of Trend Consultants to Solucom

Sale of Trend Consultants to Solucom

Trend Consultants is a consulting firm specialized in training, organization and project management for the banking and finance industry. Trend Consultants has built a strong expertise and reputation in retail banking with clients such as Crédit du Nord, BPCE, Société Générale and La Banque Postale.Trend has developped superior know-how in client relationship, operational efficiency and process performance. Thanks to its long lasting experience of the banking sector, Trend Consultants has developped very efficient benchmarking tools to address the performance and profitability challenges of its clients.Solucom acquires 100% control of Trend Consultants from its management who will remain with the firm to pursue its development. The acquisition is fully settled in cash. Trend Consultants will be part of the consolidated accounts of Solucom as of 1rst January 2014.

In this sale to Solucom, XV Finance acted as financial advisor to the management and shareholders of Trend Consultants.

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