Ardian, a world-leading private investment firm, today announces the arrangement of a new portable unitranche facility to refinance the existing debt of Cyrus. The financing package also includes a sizeable, committed line to support the planned entry of a new financial shareholder and back the group’s external growth strategy.
Founded in 1989 and headquartered in Paris, Cyrus is a leading independent financial advisory business with €19bn in assets under management as of April 2025. The group offers wealth management advisory services (Cyrus-Herez), family office services (Canopee), as well as asset management (Amplegest Octo), real estate asset management (Eternam) and private equity solutions.
Under the leadership of its current management team and with the support of Bridgepoint Development Capital, Cyrus has experienced an impressive growth trajectory over the past years, with sustained organic performance and executed a series of transformative acquisitions.
”We are pleased to renew our partnership with Ardian, our long-standing financing partner for over seven years who has consistently supported our growth strategy. This new financing provides us with the confidence and clarity to look to the future and seize consolidation opportunities in the market following the strategic merger between Cyrus and Herez in 2024.
Ardian’s financing solution is perfectly aligned with this vision, the portability feature giving us the flexibility to welcome a potential new financial sponsor and move soon into the next phase of our growth.” Meyer Azogui & Patrick Ganansia, Co-CEOs of Cyrus Group
”We have partnered with Cyrus Group since 2018, supporting key milestones including Bridgepoint’s entry in 2020 and the merger with Herez in 2024, which contributed strongly to establish a national leader in wealth management advisory under the leadership of Meyer Azogui and Patrick Ganansia.
This new financing reflects our long-term partnership-driven investment approach, and we are proud to continue supporting Cyrus’ ambitions with a flexible and portable solution that not only sets the stage for the next LBO cycle, but also preserves the firepower needed to pursue strategic acquisitions alongside incoming financial sponsor.” Guillaume Chinardet and Gregory Pernot, Deputy Head of Private Credit & Co-Head of Private Credit France, Ardian
List of participants
-
Ardian
- Ardian: Guillaume Chinardet, Grégory Pernot, Gabrielle Philip, Alexis Bernet
- Legal Advisor (financing): Willkie Farr & Gallagher (Paul Lombard, Ralph Unger, Joris Cairo)
-
Cyrus
- Cyrus: Meyer Azogui, Patrick Ganansia, Matthieu Enjuanes, Guillaume Houlbert
- Bridgepoint Development Capital: Bertrand Demesse
- Financial Advisor: Rothschild (Jean-Baptiste Petetin, Adèle Chevreau)
- Legal Advisor (financing): Jeausserand Audouard (Marie-Paule Noël)
ABOUT ARDIAN
Ardian is a world-leading private investment firm, managing or advising $180bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.
