Deals

Siparex and BPI France acquire a majority stake in Noous

HR consulting agency

Background

A recognized player in expert HR consulting and a specialist in training, NOOUS has established itself for over 20 years as a key partner to companies in designing their HR strategies and transforming their organizations.

With a team of approximately 280 professionals across five offices in France, the Group supports over 350 active clients, including leading SMEs, mid-sized companies, and large corporates.

Driven by a unique approach that blends functional expertise, project management, and digital tools, NOOUS assists its clients in reshaping their HR processes—from diagnostics and instructional design to HRIS implementation—as well as in outsourcing and managing training processes and procurement. The Group also develops and integrates two proprietary software solutions: ELEO and Unlimited Learning.

With a comprehensive offering structured around multiple areas of expertise, NOOUS effectively addresses its clients’ operational challenges in a market shaped by evolving regulations and major transformation trends within the HR sector.

Deal Summary

Following a competitive process led by ADVISO PARTNERS, SIPAREX (lead investor) and BPIFRANCE have become majority shareholders of the company. Frédéric Carpent, the company’s long-standing CEO and founder, is reinvesting alongside the new financial partners, demonstrating his confidence in this new phase of growth.

The transaction also represents a major milestone in the managerial structuring of NOOUS, with eight key managers—including seven women—joining the shareholding structure. They will play a central role in driving the Group’s next stages of development.

This new governance aims to accelerate NOOUS’s national expansion, broaden its service offering, and strengthen its position as a leading advisor in HR transformation. Targeted external growth opportunities are also being explored to consolidate the Group’s core business activities and open new verticals.

Learn more

Clément Barbot

Adviso Partners

T: +33 632568874