Portefeuille

Capzanine 3
http://ouicare.com
French Leader in home services
LBO February 2018

The O2 group is the French leader on the home services market, with three business activities: the home segment, the “kids” segment and the “seniors” segment. The group has a network of 182 agencies and 14 franchises spread across France and caters to 50% of the French population. The group has 8,200 employees (around 7,500 working in private homes, 500 agency supervisors and a staff of 200 at its head office) and has been one of France’s leading job creators over the past few years.

  • Implication of Capzanine in 2015
  • Nature of the deal: LBO
Capzanine 3
https://alvest.fr/
The global leader in airport equipment design and distribution
LBO 3 February 2018

Alvest, through its TLD and Sage Parts subsidiaries, is the global leader in airport ground support equipment and replacement parts distribution. The group also manufactures and sells high-tech adhesive solutions through its Adhetec subsidiary, primarily for the aerospace industry. Alvest has 1,500 employees and its own worldwide sales and after-sales service network. The group operates nine plants in the United States, Canada, France and China, which serve customers in over 150 countries.

  • Involvment of Capzanine in 2015
  • Nature of the deal: LBO 3

 

 

Capzanine 2
http://www.promovacances.com
Online travel agency
Secondary LBO February 2018
 
Founded in 2000, Karavel-Promovacances group has extensive expertise in designing and selling travel packages online, generating nearly €400 million in 2010 revenues. With more than four million visitors per month to its website promovacances.com, the company is the undisputed leader in holidays package. Covering more than 80 destinations, it offers the broadest and most comprehensive selection of holidays on the market at competitive prices. It also sells cruises and tailor-made packages, including flight-only deals, car rental and skiing holidays. 
 
  • Implication of Capzanine in 2011
  • Nature of the deal: secondary LBO
 
 
Capzanine 1
http://www.taliance.fr
Software edition
2016 sales 
LMBO November 2017

Taliance creates, develops and distributes the first software solution for modelling alternative investment portfolios, combining the flexibility and the security that these specific assets require. Taliance helps GPs, LPs, pension funds, investors or investment managers to optimise the performance of their international alternative investment portfolios in sixteen countries.

Based in Paris, London and New York, Taliance employs 30 staff. Taliance works principally for Generali, Amundi, Aviva Investors, Gecina, Scor, Aberdeen Asset Management, UBS, la Caisse des Dépôts, Placements du Québec and BNP Paribas Real Estate.

  • INVOLVMENT OF CAPZANINE IN 2007
  • Nature of the deal: LMBO

 

Capzanine 3
http://www.breteche.com
Agro-food industry equipment
Secondary MBO October 2017
 
The Bretèche Industrie group specialises in the design, manufacture and installation of equipment and automated lines for the agro-food industry. It is the world’s biggest supplier of dough mixers and one of the major suppliers of equipment to the dairy sector. 
Bretèche also supplies processing equipment to the pharmaceutical and cosmetics industries (homogenisers, mixers).
  • Implication of Capzanine in 2013
  • Nature of the deal: Secondary MBO
Capzanine 1
http://www.menuiseries-gregoire.fr
Manufacturer of industrial joinery
MBO October 2017

The Grégoire group, founded in the Dordogne in 1961, is one of France's leading manufacturers of industrial joinery for the residential construction market. Specialising initially in the manufacture of wooden joinery (doors and windows) for the region's residential apartment market, it has since diversified in terms of range (French windows, roller shutters, etc.), materials (PVC, aluminium, combined) and customer segment (house builders and individuals), and has gradually extended its reach to cover almost the whole of France. 

  • Implication of Capzanine in 2007
  • Nature of the deal: MBO

Distinguished by its constant pursuit of independence and innovation, the Grégoire group has developed integrated industrial capacity geared to large-scale production of made-to-measure products, principally in order to ensure it possesses the knowhow required for innovation. The management team impressed Capzanine with its ability to expand the company into new segments and position it as a key innovator in its market. 

Capzanine 3
http://www.nexeya.fr
Electronics products and services
July 2017

Founded in 1997, Nexeya is now a group of 1,200 people mainly involved in the defence, aerospace, energy and transport markets. The group designs and supplies critical electronics systems to the system integrators and prime contractors in these industries.

  • INVOLMENT OF CAPZANINE IN 2013
  • Nature of the deal: Secondary P2P/MBO

 

Capzanine 2
http://www.directmedica.com
Remote management of sales and customer relations in the field of healthcare
July 2017

Direct Medica is specialised in remote management of sales and customer relations in the field of healthcare. The company has developed solutions for interaction between players in the healthcare sector, such as remote direct sales of medicine to pharmacies, remote training of healthcare professionals, patient monitoring programmes and pharmacovigilance. It assists the major pharmaceutical laboratories, like Pfizer and Astra, in monitoring their portfolios of client pharmacies and in improving the traceability of their specialities. Directmedica provides support for the distribution of medicine.

  • Capzanine's involvement: 2010
  • Nature of the deal: OBO

 

Capzanine 3
http://www.marle.fr
Manufacturer of orthopaedic prosthetics
Unitranche July 2017

Marle International, the European leader in the manufacturing of orthopaedic implants (mainly hips and knees), has experienced a sustained growth over the past ten years. Through a relevant external growth strategy, the group has become one of the only "one- stop-shop" manufacturer in the market (complete production capacity). The group has six production sites in France with approximately 600 employees.

  • Chairman: Antonio Gil
  • Nature of the deal: Unitranche
  • Date of reinvestment: June 2016

The group Marle International, owned by The Carlyle Group since 2009, has been acquired by IK Investment Partners. Capzanine has been selected to arrange a unitranche facility to finance this transaction. IK Investment Partners is willing to support the group in its international growth and its product line expansion. The management, The Carlyle Group and the founder's family remain shareholders of the group. 

Capzanine 2
http://www.cleor.com
Jewellery stores
Secondary LBO June 2017

Founded in 1997 by its current managers, Gilles Bennejean and Pierrick Chatron-Michaud, the Cléor Group is a chain of jewellery shops. The group located in shopping centres in the north of France. The Group is positioned in “bottom-of-the-range” products for customers of all ages, with a product mix focusing on silver-plated costume jewellery.

  • Capzanine's involvement: december 2007
  • Nature of the deal: Secondary LBO

 

Capzanine 2
http://www.ecf.fr
Distribution of consumables for café/hotel/restaurant
LBO April 2017

E.CF is the uncontested leader in the distribution of small equipment and non-food consumables to restaurant and hotel professionals in France. E.CF's success relies on its first-class logistics facilities and its network of sales professionals and reputable brands, including Chomette, La Corpo and Santor, enabling it to target the largest possible customer base through three channels: 
direct sales, indirect sales via a network of franchise stores and company-owned stores,  e-commerce via its website.

  • Capzanine's involvement: 2006 and 2011
  • Nature of the deal: LBO

 

Capzanine 2
http://www.groupefindis.fr
Distributor of household aplliances, consumer electronics and kitchen implements
Secondary LBO March 2017

Created in 1987, Groupe Findis is one of the leading French distributors of household appliances, consumer electronics and kitchen implements focusing on local shops. The group operates across the whole of France through the Desamais, ProxiConfort, Blanc-Brun, Cuisine Plaisirs, Extra and Domial chains.
 

  • INVOLMENT OF CAPZANINE IN 2011
  • Nature of the deal: secondary LBO

In April 2011, Capzanine supported the Activa Capital fund in the acquisition of the Findis group, acting as senior mezzanine arranger. With its partners' support, Findis stepped up its expansion and moved into a new phase of growth, acquiring first the Dubost/Cocélec group (sales: €125m) in 2012, then Ronzier (sales: €18m) and David Ménager (sales: €7m) in 2013, and finally Desamais (sales: €77m) in 2015. As a result of its sustained growth momentum, Findis is now the leading operator in its sector.

In March 2017, Findis was joined by a new majority shareholder, thereby enabling Capzanine to cash out its investment.