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C.W. Downer & Co. Assists HR Access With Sale to Sopra Group

BOSTON, May 6, 2013 – C.W. Downer & Co., a leading global middle-market investment bank, a leading global middle-market investment bank, is pleased to announce that it advised HR Access Netherlands C.V., a wholly-owned subsidiary of FMR LLC, on its sale to Sopra Group of France. The deal closed on April 5, 2013 and the transaction value was not disclosed.

HR Access is a global provider of integrated human capital management software including talent management, administration, payroll services and outsourced solutions for public and private companies. HR Access has more than 40 years of human resources expertise. The company lists 12 offices in 11 countries and manages the human resources records of more than 12.7 million employees worldwide.

Based in France, Sopra Group is a European leader in consulting, IT services and software development. The acquisition follows the company’s stated 2015 strategy of enhancing its position in human resource management and increasing revenue through software solutions. The addition of HR Access will allow Sopra to offer a complete suite of global HR solutions to its client base and will ensure continued product development in the human resources sector.

“We are very pleased to have assisted HR Access with this successful transaction,” said Ashley Rountree, Managing Director & Partner with C.W. Downer & Co. “HR Access will play a key role in Sopra’s continuing expansion into software and the company will benefit from ownership by a parent closer to its core business,” continued Mr. Rountree. “Representing a US group on a European transaction is our strong suit. We look forward to future opportunities to assist FMR with similar transactions.”

The C.W. Downer & Co. team assisting HR Access with the acquisition included Mr. Rountree (Managing Director & Partner), Nicolas Vienot (Vice President), and Guillaume De Kergariou (Analyst) with the firm’s Paris office.

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 38 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Further Information:

Ashley E. Rountree, Managing Director & Partner
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Patti Allan, Marketing Director
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C.W. Downer & Co.
+1 617 482 6200

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