Portefeuille

Capzanine 4 Flex Equity
https://www.hsoftware.com/
Tech provider to financial industry
2017 sales €12 M
LBO June 2018

From its inception in 1998, Horizon has worked with investment banks in the design of its first electronic trading platform. Today, with 90 clients in 26 countries and connectivity to over 70 exchanges, multi award-winning Horizon provides advanced trading technology for investment banks, brokers and hedge funds.

Horizon's trading platform provides immediate access to a comprehensive range of features and the ability to execute sophisticated strategies and workflows through powerful customisation. The company, which employs 100 people, is headquartered in Paris with offices in France and operations worldwide, as well as a strong footprint in the APAC region

  • Chairman: Jean-Marc Delfarguiel
  • Nature of the deal: LBO
  • Date of investment: June 2018
Capzanine 4 Private Debt
https://www.magix.com/
Leading international multimedia software house
2017 sales €34 M
Unitranche May 2018

Founded in 1993, Magix provides software for designing, editing, archiving and presenting videos, music, photos, graphics and websites. Its solutions go beyond the PC platform and include seamlessly integrated online and mobile applications as well as cloud services. The company is one of the pioneers in Virtual Reality editing and markets its products to 15 million users in 179 countries across the globe. Via its academy, Magix also offers personalised training courses in Europe.


Headquartered in Berlin, Germany, Magix has internationally diversified operations employing 243 people (mostly engineers) in Germany, the US, Canada, UK and the Netherlands.

  • Chairman: Klaus Schmidt
  • Nature of the deal: Unitranche
  • Date of investment: May 2018

 

Capzanine 4 Private Debt
https://www.iadfrance.fr/
Digital platform for real estate intermediation
2017 sales €112 M
Unitranche April 2018

Founded in 2008, I@D is a digital platform for real estate intermediation, which provides trainings and operational support required for the sale of residential properties to a network of independent, self-employed real estate consultants working from home and on the field. I@D has become in 10 years the first French network of real estate intermediaries without brickand-mortar agencies. In 2017, its network of more than 5,500 consultants completed 20,000 transactions.

Located in Lieusaint (France), the Group has developed its activities in Portugal (2015), but also in Spain and Italy at the beginning of 2018.

  • Chairman: Roland Tripard
  • Nature of the deal: Unitranche
  • Date of investment: April 2018

 

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 4 Private Debt
http://www.labelium.com/
International online marketing agency
2017 sales €23 M
Unitranche February 2018

Founded in 2001, Labelium has rapidly established itself as a leading player in the digital marketing sector. In an ever-changing market, the company has become a trusted partner to numerous multinational groups (such as L'Oréal, LVMH, Carrefour, Sephora, SFR and Decathlon), supporting them in the development of their online strategies across all available platforms and media (SEO, SEA, YouTube, social media, RTB, video, etc.).

Labelium, which is headquartered in Paris, currently operates worldwide through 16 offices located in Europe, the United States, Mexico, Brazil and Australia. It employs some 200 consultants.

  • Chairman: Stéphane Levy
  • Nature of the deal: Unitranche
  • Date of investment: February 2018
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 4 Flex Equity
http://eos-corrugated.com/
Production of technical consumables mainly for the corrugated cardboard industry
2017 sales €22 M
LBO February 2018

EOS Corrugated is one of the world leaders in the production of technical consumables mainly for the corrugated cardboard industry.

Founded in 2013, following Rodicut’s acquisition of Bricq (formerly Voith Paper), EOS Corrugated is one of the world leaders in the production of technical consumables (polyurethane anvil covers, rotatory cutting dies, corrugated belts, and more), mainly for the corrugated cardboard industry. The group, which has 120 staff and a turnover of more than €20m, enjoys international exposure with a presence in over 70 countries.

  • Chairman: Philippe Coste Ramirez
  • Nature of the deal: LBO
  • Date of investment: February 2018
Capzanine 4 Flex Equity
https://www.alphitan.com/
European specialist in the maintenance of electrical and electronic systems for industrial processes
2017 sales €33 M
LBO February 2018

Alphitan is the European specialist in the maintenance of electronic components and motorisation equipments used in industrial processes. Operating in numerous sectors (automobile, food processing, metallurgy, and more), Alphitan has a reputation for technical expertise that has led to its involvement in cutting-edge technologies (robotics, microelectronics and railway) and enabled it to develop close ties with the biggest manufacturers.

Based in Bordeaux, the group which employs 270 people and boasts sales of over €30m, benefits from a strong international presence and in particular an office in China (opened in 2015), a major development for the group given the country’s growth in the field of robotics.

  • Chairmans: Jean-Louis Yang & Jérôme Siat
  • Nature of the deal: LBO
  • Date of investment: February 2018
Capzanine 4 Flex Equity
https://www.recommerce-group.com/
Smartphone reconditioning pioneer
2017 sales €37 M
Development Capital February 2018

Recommerce Group, a key player in the circular economy and pioneer of smartphone reconditioning, was founded in 2009. It anticipates 30% market growth potential in the coming years, and rapid expansion in 2018 with revenues of over €50m. Operating around the world, Recommerce works with the largest European retailers and with carriers in France, Switzerland and Spain. It has a team of 70 people.

  • Chairman: Pierre-Etienne Roinat
  • Nature of the deal: Development Capital
  • Date of investment: February 2018
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 4 Private Debt
http://www.mba.eu/
Spanish leading orthopaedic prostheses and trauma products distributor
2017 sales € 58 M
Unitranche January 2018
Founded in 1988 in Asturias, Spain, MBA is the leading distributor of orthopaedic implants and complementary products in Spain and Portugal under the MBA and Bioser brands. The company differentiates from competition by its wide and innovative range of products, its qualified and specialized sales team, and its surgeons focused strategy. MBA has also the widest capillarity of the market in Iberia and Italy thanks to its network of local offices.
  • CEO: Carlos Marina
  • Nature of the deal: Unitranche
  • Date of investment: January 2018
MBO
http://www.panmonviso.it/
Italian manufacturer of crackers, biscuits and bread substitutes
2017 sales €36 M
Capzanine 4 Sponsorless January 2018

Monviso is an Italian manufacturer of crackers, bread substitutes and sweet and savory biscuits. The company has 130 employees in 4 facilities in Northern Italy and more than one third of its sales come from exports. The resilience and profitability of the company are based on the strength of the Monviso brand in Northern Italy, positioned at the high-end range for quality-healthy products, its know-how in gluten-free, palm oil-free, lactose free, etc. and its complementarity with Tonon (product, distribution channels, geographies) acquired in 2015.

  • Chairman: Manfredi Cusmano
  • Nature of the deal: mezzanine debt
  • Date of the first investment: January 2018

 

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