Fundraising · Divestiture · Acquisition

Start-up · Scale-up · Family-owned SME

Your M&A director,
without hiring one

Start with a subscription. Add modules when the need arises. Switch to a mandate when you're ready. Everything you invest carries forward.

25+
Years of experience
400+
Transactions
850€/mo
M&A Advisory from
2%
Success fee

Permanently connected to your teams, not mandated per deal

The best transaction is one you prepare continuously — not one you improvise under pressure.

On-demand advisory
Before Partners
Relationship
Steps in when you call
Permanently connected to your teams
Proactiveness
Reacts to your requests
Anticipates opportunities
Deal knowledge
Restarts from scratch each engagement
Accumulated month after month
Budget
Unpredictable, billed by the hour
Known upfront, non-negotiable
Commitment
Billed whether it works or not
Success fee aligned with results

3 challenges, one direction

Sell-Side (Divestiture)

Full support through to closing: valuation, structuring, negotiation.

Fundraising

Investor documentation, business plan, fundraising strategy, multi-investor targeting across France and internationally, negotiation and closing.

Acquisition (Buy-Side)

Acquisition support for growing companies: target screening, due diligence, negotiation, execution.

They trust us

Sempack
Skyted
Renature
Infinigate
Emanuel Lang
WK Joaillerie
Meleap
Cyberlib
Monecho
Tamplo
SMALT Capital
KEREIS
Auchan
Sempack
Skyted
Renature
Infinigate
Emanuel Lang
WK Joaillerie
Meleap
Cyberlib
Monecho
Tamplo
SMALT Capital
KEREIS
Auchan

Our sectors of expertise

Tech Industry Luxury & Fashion IT & Cybersecurity Agri-Environment Private Equity Retail

AI-augmented advisory

AI industrializes analysis and document production. That's what allows us to offer fixed pricing where the market bills by the hour. The time freed up is reinvested in what AI can't do: strategic judgment, negotiation, and relationships.

Investor-Ready Deliverables

Documentation and data room tailored to each investor profile.

Accelerated Execution

Financial modelling, investor targeting and operational data room in reduced timeframes. Industrialised process, accelerated closing.

Fixed Price, Zero Surprises

Transparent pricing from the first meeting. No hidden hours, no surcharges. You know exactly what you pay.

Your M&A subscription

Everything starts with an Assessment: a comprehensive diagnostic of your situation delivered in under a week. It produces a concrete roadmap and counts as your first month.

1
I monitor

Watch

Market watch, readiness tracking, red flags, monthly strategic check-in. Your M&A director on sentinel duty.

2
I prepare

Prepare

Pitch deck, business plan, financial model, investor or target shortlist. Created and updated monthly.

3
I execute

Execute

Full management of your transaction through closing. All modules included, mandate integrated.

Not ready for a subscription? A la carte modules are available at a fixed price.

Stéphane Hincourt-Thomassin

Stéphane Hincourt-Thomassin

Founder, Before Partners

Ex-Mazars, Deloitte, BDO • 25 years of expertise • 400+ deals advised

"For 25 years, I have been supporting entrepreneurs through their decisive moments. My role: turning complexity into clarity."

Structure your next transaction

Free 30-minute diagnostic. Response within 24h.