Aurica Capital Invests in Fiabilis Consulting Group

Aurica Capital, a prominent independent private equity firm, has injected growth capital into Fiabilis Consulting Group, a specialist in optimizing labor and social security expenses for large corporations. The investment, made through Aurica Growth Fund IV, marks a significant step for Fiabilis as it aims to broaden its international footprint and service offerings.

Founded in 2009 by Guillaume Vignancour and Arnaud Tardif, Fiabilis has established itself as a unique multi-jurisdictional player. The firm provides an end-to-end solution for major enterprises, managing their interactions with public administrations concerning human resources. Its core value proposition lies in identifying substantial savings opportunities within client payroll and social contributions, operating on a performance-based fee structure. This model has proven highly effective, generating over €600 million in cumulative savings for its clientele since inception.

Fiabilis boasts a robust international presence, operating across seven countries including Spain, Italy, Belgium, Poland, Chile, France, and Germany. The group employs approximately 140 professionals and serves over 2,200 corporate clients, collectively representing nearly 2.5 million employees under its advisory purview. In 2025, the company achieved a turnover of €21.3 million, underscoring its consistent double-digit growth trajectory in a market ripe for specialized cost-management solutions.

The strategic partnership with Aurica Capital is designed to accelerate Fiabilis's ambitious growth plan. Key objectives include solidifying its position in existing markets, expanding into new geographical territories, and enhancing its service portfolio through both organic development and strategic acquisitions. The collaboration will also focus on leveraging data analytics within human resources and fostering cross-selling opportunities across its extensive client base.

Martín Vargas, Partner at Aurica Capital, highlighted the investment's alignment with the firm's criteria: "Fiabilis exhibits the core attributes we seek: a distinctive, profitable, and scalable business model, high revenue recurrence, international reach, and a seasoned management team. We are committed to supporting Guillaume, Arnaud, and their team in building a leading global entity in labor cost optimization."

Echoing this sentiment, Guillaume Vignancour and Arnaud Tardif, co-founders of Fiabilis Consulting Group, stated, "Aurica's involvement is a pivotal moment for Fiabilis. We share a long-term vision and a mutual ambition to expand our capabilities and deliver enhanced value to our clients. Their expertise in supporting growing companies and executing buy-and-build strategies will be invaluable as we embark on this new phase." The transaction saw advisory support from Norgestión for Fiabilis, while A&O Shearman, KPMG, and LEK Consulting advised Aurica Capital.