On June 22 2007, a group of private investors acquired a majority stake of the profitable, cash-flow positive, and debt-free ETHERYL S.A.S., six years after its creation. Yann Lechelle remains a minority shareholder and remains involved as Chief Architect, providing his services via Sens Digital, his newly created company.
This M&A event is interesting within the context of INSEAD as illustrated by the corresponding entrepreneurship article.