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Euroconsult marks a 40 year milestone

July 17, 2023

Since Euroconsult‘s establishment in 1983, the company has been providing strategic decision-making assistance to more than 1,200 clients across 60 countries to date.

The firm’s consulting and market intelligence services are trusted by government and private organizations that include the likes of ESA, NASA, CNES and JAXA. The company started out by analyzing the impacts of technological innovations on the development of end-user segments and Euroconsult’s expanding team of experts has continued to witness, react to, and advise on significant shifts in space strategies and capabilities over the years, perpetually adapting its offering to respond to developments within the sector.

Following the firm’s recent celebration of forty years in the business, it has now welcomed new investor BNP Paribas Development, who will join CEO Pacôme Révillon and the other new and existing shareholders. Meanwhile, a wider restructure will see more responsibility provided to its current management team and some legacy shareholders stepping down. The full integration of all the group’s subsidiaries is set to strengthen the synergies between its various businesses, with engineering arm Satconsult moving to a wholly-owned status, in a move that the company believes will simplify operations and ensure that more value is created for customers and partners.

As with the expanding sector it serves, Euroconsult plans to continue exploring new verticals and applications, staying ahead of competitors by evolving and leveraging space-derived data to provide reliable strategic guidance to space stakeholders.

“It’s a thrilling time as we celebrate 40 years of excellence in our field, target further growth and welcome the arrival of BNP Paribas Développement to the group. Euroconsult increased its size by 60% in the last three years, refining and expanding our operations, whilst reinvigorating our team to ensure we can continue delivering the highest level of value for our clients. I would like to thank departing shareholders for the role they have played in our incredible journey so far, with some being present since the company inception. To those new shareholders who have joined us for this next stage in evolution, I wish to share my appreciation for their vision and confidence in the group’s high prospects. Finally, I would like to thank the advisers who contributed to the success of this exciting process, including Equideals, Vaughan Avocats and FCN. BNP Paribas Développement’s appointment is a boost for Euroconsult, who aim to leverage the relationship with a high-profile investor that aligns with the company’s development model, while allowing the group to retain its independence as a specialist advisor.” — Pacome Revillon, CEO, Euroconsult

“As an organization that views the global commercial space sector as a high potential growth area, we couldn’t be more pleased to have joined the Euroconsult family. We look forward to supporting Euroconsult’s important role in the space ecosystem as they build upon four decades of success, strengthening their group in a manner that aligns neatly with the company’s core values and vision for continual improvement in market intelligence, consultancy services, technology consulting and executive events & training.” — Philippe Duny, BNP Paribas Développement

Filed Under: Funding & Venture Capital, Market Forecasts

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