About the Transaction
ENACO Carrière et Conseil, a leading fully digital business school, entered a strategic partnership with XYNERGY Group, an independent industrial group. The transaction is part of a comprehensive restructuring process, in which XYNERGY acquired ENACO’s outstanding financial debt and converted it into equity.
This debt-to-equity conversion strengthened ENACO’s capital structure, restored financial stability, and positioned the company for sustainable growth under a new ownership model.
Under the agreement, XYNERGY becomes the majority shareholder of ENACO, while founder Hélène Lejeune remains a significant shareholder and continues as CEO. Banque Internationale à Luxembourg (BIL) Corporate Finance acted as exclusive advisor to ENACO Carrière et Conseil.
About ENACO
Founded in 2006 by Hélène Lejeune, ENACO is a pioneer in online business education in France. The company offers over 63 certified programs—from master’s degrees to lifelong learning—accredited by the French Ministry of Education, the European Federation of Business Schools, and the Ministry of Employment. ENACO’s proprietary platform delivers in-house content. Its innovative teaching model combines technology and personalized support, achieving exceptional success and job placement rates.
About XYNERGY Group
XYNERGY Group, founded in 2010 by the Canetti family, is an independent, family-owned industrial group with €220 million in annual revenue and 1,100 employees. The group operates three divisions: Wellness & Weight Management, Beauty & Cosmetics, and Education.
Its education arm includes the Centre Européen de Formation (CEF), one of France’s top private distance-learning institutions with over 40,000 students.
This partnership with ENACO strengthens XYNERGY’s position in online education and creates significant synergies across its training portfolio.
XYNERGY was advised by Jean-Luc Amanatian from Viducia SAS.
About BIL Corporate Finance
BIL Corporate Finance delivers a unique offer combining lending and financial advisory services dedicated to entrepreneurs, corporates and asset managers to support their strategic transactions.
A team of pan-european corporate finance experts provide tailor-made solutions across the capital structure (senior-junior debt, quasi-equity, equity) from Luxembourg and Switzerland in various projects, sectors and geographies (Benelux, Switzerland, France, Germany and Greater China).
Quotes ENACO
“We are delighted to join forces with XYNERGY Group. This partnership combines our expertise in online business education with XYNERGY’s strong presence in distance learning, positioning us as a leader in the French market” said Hélène Lejeune, CEO of ENACO.
Quotes XYNERGY Groupe
“This friendly partnership with ENACO is a major step forward. It will allow us to expand our higher education offering. We are excited to work with ENACO and Hélène Lejeune. The high quality of her teaching will accelerate our growth.” — Bernard Canetti, President of XYNERGY Group
Quotes BIL Corporate Finance
“We are proud to have supported ENACO in securing a strategic partner that will secure ENACO’s future.” said Frédéric Cassani, Ramon Hoyos, and Yann Raux of BIL Corporate Finance.
About Banque Internationale à Luxembourg (BIL)
Founded in 1856, Banque Internationale à Luxembourg (BIL) is the oldest multi-business bank in the Grand Duchy.
It has always played an active role in the main stages of the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on capital markets. With more than 2,000 employees, the bank has branches in Luxembourg, Switzerland and China.
www.bil.com
