Companies news
FI Group Reaches an Agreement for its Integration into the French Company EPSA
FI Group, global consulting company specialising in the management of funding incentives, has reached an agreement with EPSA Group, European performance specialist, for the acquisition of 100% of its capital.
The purchase by EPSA results into an expanded global business unit dedicated to innovation funding. With the support of EPSA, FI Group will be able to continue expanding its reach to address global issues faced by large multinational companies while providing local advisory services to businesses of all sizes in a greater number of countries. From this moment on, the clients of FI Group and EPSA will rely on a global converage and diversified offering focused an optimizing financial performance, backed by the same professional management of both companies in the various countries in wich they operate.
Thus, a new leader in the category of innovation funding emerges at international level, with a projected global turnover for 2025 of over 182 million euros in this specific area. It will provide services in twenty countries, turning the value proposition into the most global in the sector, and will add more than 1,800 specialists in innovation financing worldwide, with more than 19,000 clients, over 20,000 projects reviewed annually, and managing more than 2.6 billion euros in innovation incentives. This operation will implement strategies for inorganic growth, consolidate an original global proposal in optimising financial performance with the incorporation of more countries and more services under a single management. The unique EPSA solutions platform, which focuses on purchasing performance, innovation financing and the energy and environmental transition, will unlock greater opportunities across the combined portfolios and deliver increased value for customers. At the same time, the ongoing digitisation and AI strategy will continue to enhance the value proposition, while investments aimed at unifying company culture will ensure that the shared values and vision are clearly and effectively communicated to all employees.
Global Leadership in innovation funding
FI Group becomes part of a Group based in Paris (France), a European performance specialist in constant and strong growth; optimising financial, operational and environmental results, EPSA is recognised for its technical know-how and the diversity of its business expertise.
Furthermore, from this moment on, a new Executive Committee for the governance of the new innovation unit is established, composed of members from both EPSA and FI Group. This ensures the continuity of FI Group’s operations without affecting its clients and employees, as well as maintaining the current management team to guarantee the success of the integration in front of the various stakeholders.
Xavier Cazabon, founder, shareholder, and president of FI Group, has stated:
“This step, hand in hand with our new partner EPSA, will help us reach levels of positioning that we couldn’t imagine when we started this project 25 years ago. We have grown organically over the last 20 years, but now we need something more, and we have found in EPSA the perfect partner for this; for their complementarity, entrepreneurial culture, and alignment of their vision with ours. Likewise, the extraordinary synergies derived from this union create the optimal environment of stability and business continuity, ensuring that the integration of both companies can be carried out in an operational context of maximum focus on our current and future clients. Additionally, we provide the necessary security for our employees to perform their tasks with the utmost peace of mind and remain focused on our purpose: the commitment to supporting innovation and providing quality service to our stakeholders.”
In this regard, María Corominas, CEO and shareholder of FI Group, points out:
“Today’s announcement marks the culmination of a journey began some time ago, when we first considered opening to an investor to strengthen our financial capacity, support expansion into new markets, accelerate our digitisation and diversification strategies, and enhance our management capabilities. This process prompted meaningful internal reflection and led to significant improvements in how we operate as a company. What makes this next step with EPSA particularly exciting is not only the strategic fit but also the cultural alignment. We share a common vision, underpinned by values such as integrity, excellence, and a commitment to compliance. With EPSA’s global reach and expertise, we are now positioned to offer an even more robust and international value proposition, one that sets a new benchmark in the innovation funding sector and opens the door to ambitious projects and long-term success for our teams and our clients.”
Godefroy de Colombe, CEO of the EPSA group, states:
“The acquisition of FI Group reinforces EPSA’s leadership in Innovation financing, which will continue to be strategic for public institutions and companies navigating global macroeconomic and geopolitical trends. It also bolsters EPSA’s strong footprint in Southern Europe and DACH and allows to accelerate in the US and Hispanic Americas. The combined capabilities of EPSA and FI Group will reinforce our ability to serve our customers with an extended service offering, both locally (in Spain for instance) and at an international level for global clients.”
The operation is effective from the 29th of April 2025, and its amount has not transpired.
SOURCE: FI Group
