Investor directory

Initiative & Finance

Initiative & Finance is a Paris-based private equity firm founded in 1984, focusing on investment opportunities in small and mid-sized companies primarily in France. The firm targets companies with enterprise values ranging from €5 million to €75 million and annual revenues between €5 million and €100 million, with a core focus on firms valued at €10 million to €30 million. Initiative & Finance specializes in various investment strategies, including management buyouts, buy-ins, leveraged build-ups, and shareholder restructuring, without any sector restrictions. The firm typically invests between €2 million and €15 million per transaction, allowing for flexibility in deal structuring and a broad range of potential opportunities. The approach aims to meet the needs of business owners and entrepreneurs while providing the opportunity for both majority and minority equity stakes.

Focus

FinanceAcquisitionWestern EuropeEuropeSecurityShow more
http://www.initiative-finance.com
http://www.initiative-finance.com
http://www.initiative-finance.com/en
https://crunchbase.com/organization/initiative-and-finance
https://linkedin.com/company/initiative-&-finance
https://pitchbook.com/profiles/fund/15335-38F
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=138891055
https://www.privateequityinternational.com/database/#/profile?id=11855

Sacha Azuelos

Investment Manager, Midcap

Solenne Cheuret

Investment Manager

Marc Dagousset

Business Development Director

Philippe Dilasser

Investment Director

Matthieu Douchet

Partner & Investment Committee Member

Thierry Giron

Managing Director, Investment Committee Member & Partner

François Golfier

Investment Manager

Camille Grosfilley

Investment Manager

Jean-Michel Laveu

Partner & Investment Committee Member

Jérôme Mathieu

Investment Manager

Arnaud Mendelsohn

Partner & Investment Committee Member

Jean-Bernard Meurisse

President, Investment Committee Member & Partner

François-Xavier Oliveau

Partner, Transformation

Caroline Pihan

Partner, MidCap

Aline Robert-Palasi

COO

Baudouin d’Hérouville

Partner, Head of MidCap

43 past transactions

Azman Group

Private Equity Round in 2017
Azman Groupe SAS engages in wholesale trade of video surveillance cameras, alarms, biometric access control, and cardiac defibrillators. It offers dome, camera int/ext, and AZMAN serveur in video; biovien in biometric access control; detection, power stations, signaling, and exploitation in alarm; defibrillator in AZMAN defibrillator. The company was founded in 2013 and is based in Paris, France.

Teddington France SAS

Merger/Acquisition in 2018
Teddington France SAS distributes electric household appliances and provides support services. The company was founded in 1934 and is based in Villeneuve La Garenne, France.

Akanea

Seed Round in 2020
Akanea Développement offers development, distribution, and support of business management software for the transport, logistics, customs services, and the food industry. The company was formerly known as Sage ATL SAS. The company was incorporated in 2007 and is based in Limonest, France. Akanea Développement is a former subsidiary of Sage Group plc. As of September 19, 2018, Akanea Développement operates as a subsidiary of Isagri SAS.

XMCO

Private Equity Round in 2017
XMCO SAS offers cyber security solutions. The company provides cyber surveillance, intrusion testing, security auditing, PCI DSS certification, phishing infrastructure, vulnerability monitoring, and intrusion response services. XMCO SAS was incorporated in 2000 and is based in Paris, France.

Pure Trade - France

Merger/Acquisition in 2015
Pure Trade - France designs, manufactures, and supplies packaging and promotional solutions for beauty, fragrance, and personal care sectors. The company offers retail and promotional packaging, bags and pouches, makeup palettes, metal accessories, and others. It also provides sourcing, product design and development, project management, marketing and launching, manufacturing and planning expertise, logistics and quality control, and sustainable performance and compliance solutions. The company was founded in 1996 and is based in Paris, France. It has additional offices in New York, Hong Kong, and Shenzhen.

Fermatic

Merger/Acquisition in 2016
Fermatic SAS manufactures doors, barriers, and related metal work products. The company was incorporated in 2013 and is headquartered in Guitrancourt, France.

Cycle Me SAS

Merger/Acquisition in 2016
Cycle Me SAS designs and manufactures electric cycles. The company offers electric cycles for adults and kids. Cycle Me SAS was incorporated in 2011 and is based in Golbey, France.

PM2S

Venture Round in 2017
PM2S is service company providing maintenance and repair services for cameras, printers, and related products. Since the company's inception, its development strategy has been to provide customers with a significant reduction in their maintenance costs and the management of their after-sales services. This approach has two requirements: optimizing flow management and monitoring interventions; focus on repair rather than parts exchange. To achieve this, the company claim to recruit ultra-specialized people and to have one of the best information systems available today for the management of the entire business activity.

PM2S

Merger/Acquisition in 2017
PM2S is service company providing maintenance and repair services for cameras, printers, and related products. Since the company's inception, its development strategy has been to provide customers with a significant reduction in their maintenance costs and the management of their after-sales services. This approach has two requirements: optimizing flow management and monitoring interventions; focus on repair rather than parts exchange. To achieve this, the company claim to recruit ultra-specialized people and to have one of the best information systems available today for the management of the entire business activity.

XMCO

Merger/Acquisition in 2018
XMCO SAS offers cyber security solutions. The company provides cyber surveillance, intrusion testing, security auditing, PCI DSS certification, phishing infrastructure, vulnerability monitoring, and intrusion response services. XMCO SAS was incorporated in 2000 and is based in Paris, France.

LGI

Merger/Acquisition in 2015
LGI produces and distributes wines. The company was incorporated in 1998 and is based in Carcassonne, France.

Moustache Bikes

Acquisition in 2015
Moustache Bikes are a boutique electric bike manufacturer that has been designing and making Bosch-powered ebikes in France.

LGI Wines

Private Equity Round in 2015
LGI Wines is a provider of french wines and beverages.

Proferm

Acquisition in 2018
Proferm is committed to providing you with high-end joinery combining technical prowess, aesthetics and reliability. The company strives to exceed the requirements of the carpentry market in terms of standards and procedures in order to constantly increase the level of satisfaction of our customers.

Adaming Group

Private Equity Round in 2015
The Adaming Group is a dynamic Digital Services Company that positions itself as the meeting point between digital transformation and the actors of these new mutations. Our ambition is to support young graduates in their future careers by offering them adapted training, ensuring their integration in the digital field. Implemented nationally and internationally, the Group also supports companies and major accounts clients from various sectors (Banking, Finance, Insurance, Healthcare, Telecoms, Public Sector, etc.).

Valtus

Private Equity Round in 2017
Valtus specializing in transition management for top management functions. The company supports companies in times of transformation, transition or crisis, by bringing in high-level external managers for limited periods.

Distec International

Acquisition in 2016
Distec International SA is a value-added distributor to designers and distributors. It serves customers in France, Belgium, the Netherlands, and Luxembourg. The company was founded in 1986 and is based in Nivelles, Belgium.

Ymag

Merger/Acquisition in 2019
Prepackaged Software

Extruflex

Venture Round in 2017
Since the 80s, Extruflex has focused its efforts on the transformation of soft Polyvinyl Chloride (soft PVC or flexible Vinyl). Complete management of the production chain, from the formulation of flexible vinyl right up to its transformation into films, strips and sheets, have enabled us to establish unanimously recognised expertise and quality.

Fil Rouge

Acquisition in 2012
Fil Rouge is a privately held company that provides ground marketing services. It offers marketing services such as pharmacies, tobacco shops, optics stores, and banking agencies.

Pure Trade - France

Merger/Acquisition in 2018
Pure Trade - France designs, manufactures, and supplies packaging and promotional solutions for beauty, fragrance, and personal care sectors. The company offers retail and promotional packaging, bags and pouches, makeup palettes, metal accessories, and others. It also provides sourcing, product design and development, project management, marketing and launching, manufacturing and planning expertise, logistics and quality control, and sustainable performance and compliance solutions. The company was founded in 1996 and is based in Paris, France. It has additional offices in New York, Hong Kong, and Shenzhen.

Edea

Merger/Acquisition in 2019
Provider of earthwork services across the southern region of France. The company offers forest engineering, engineering vegetal, landscape architecture, civil engineering, development of rivers and rockfill support in difficult areas, as well as the realization of landscaped gardens for individuals, providing landscaping in complex and dangerous environments.

Mobilis Care & Carry

Merger/Acquisition in 2018
Mobilis Development SAS manufactures and markets protection devices and accessories for laptops and smartphones. The company was founded in 1993 and is based in Chavanod, France.

Primelis

Private Placement in 2019
Primelis SARL provides search engine optimization solutions. The company was founded in 2009 and is based in Levallois-Perret, France.

BT Concept-Eco

Merger/Acquisition in 2015
BT Concept-Eco was incorporated in 2008 and is based in Saint-Sylvain-d'Anjou, France.

Elastotech SA

Merger/Acquisition in 2017
Elastotech SA manufactures and supplies precision O-rings and rotary shaft seals, technical moldings, and fluid sealing products worldwide. Its products also include pneumatics, sanitary seals, and hydraulic seals. The company serves aerospace, automotive, chemical processing, food and pharmaceutical production, large-bore diesel engines, life sciences, machine tools, marine, off high-way, oil and gas, propulsion technology, sanitary and heating, and semiconductor manufacturing equipment markets. Elastotech SA was founded in 1992 and is based in Bellegarde-sur-Valserine, France.

Azman Group

Merger/Acquisition in 2017
Azman Groupe SAS engages in wholesale trade of video surveillance cameras, alarms, biometric access control, and cardiac defibrillators. It offers dome, camera int/ext, and AZMAN serveur in video; biovien in biometric access control; detection, power stations, signaling, and exploitation in alarm; defibrillator in AZMAN defibrillator. The company was founded in 2013 and is based in Paris, France.

Extruflex

Merger/Acquisition in 2017
Since the 80s, Extruflex has focused its efforts on the transformation of soft Polyvinyl Chloride (soft PVC or flexible Vinyl). Complete management of the production chain, from the formulation of flexible vinyl right up to its transformation into films, strips and sheets, have enabled us to establish unanimously recognised expertise and quality.

SLAT

Acquisition in 2009
SLAT SA designs, manufactures, and sells power supplies/chargers. The company offers automatism/monitoring control UPS, batteries, battery enclosures, CCTV, communication systems UPS, converters, evacuation UPS, fire detection/protection systems UPS, fire safety UPS, integral UPS, intrusion/access control UPS, jonctions BRA boxes, lifepo4 backups, lightning arresters, medical systems UPS, multi-applications UPS, and ringers. Its products are used in fire safety, intrusion/access control, smart buildings, communications, video protection, medical and emergency, industrial supervision/PLCs, and communications systems applications. The company was incorporated in 1953 and is based in Champagne-Au-Mont-D'Or, France.

Olfeo

Venture Round in 2016
Olfeo now has French, Swiss, Belgian, German, Luxembourgan, Moroccan, Tunisian, Algerian and of Ivory Coast versions of its solution. This local approach ensures maximum legal protection and high quality filtering and security of the IT system. Olfeo also offers an international version of its solution for companies that have international needs. This innovative strategy is now trusted by more than 2,000 satisfied customers representing more than 3 million Internet users.

Olfeo

Merger/Acquisition in 2017
Olfeo now has French, Swiss, Belgian, German, Luxembourgan, Moroccan, Tunisian, Algerian and of Ivory Coast versions of its solution. This local approach ensures maximum legal protection and high quality filtering and security of the IT system. Olfeo also offers an international version of its solution for companies that have international needs. This innovative strategy is now trusted by more than 2,000 satisfied customers representing more than 3 million Internet users.

Vortex SA

Merger/Acquisition in 2015
Vortex SA provides transportation services for handicapped people. The company was founded in 1999 and is based in Saint-Jean-de-Védas, France.

Nord Coffrage

Venture Round in 2019
Nord Coffrage S.A. specializes in selling and renting construction sites equipment. It offers shoring equipment, including props, normatower, normagrille slab formwork, normaflex formwork, the scaffolding tower, panel formwork normadeck, beams, and accessories; formwork equipment, including straight formwork, rounded formwork, hand carried formwork, moulds, accessories, and refitting services; safety equipment, including safety guard rails and tubes, climbing protection, panels - life nets, fixed and sliding bays, and guard rail for core slab and shaft; specific equipment, including normapost, normatray, metallic posts with trolleys, and grillage for frontage; and scaffolding equipment, including multi direction, façade, and rolling scaffolds. Nord Coffrage S.A. was founded in 2000 and is based in Saultain, France.

Mobilis Care & Carry

Acquisition in 2018
Mobilis Development SAS manufactures and markets protection devices and accessories for laptops and smartphones. The company was founded in 1993 and is based in Chavanod, France.

Adaming Group

Merger/Acquisition in 2015
The Adaming Group is a dynamic Digital Services Company that positions itself as the meeting point between digital transformation and the actors of these new mutations. Our ambition is to support young graduates in their future careers by offering them adapted training, ensuring their integration in the digital field. Implemented nationally and internationally, the Group also supports companies and major accounts clients from various sectors (Banking, Finance, Insurance, Healthcare, Telecoms, Public Sector, etc.).

Primelis

Venture Round in 2019
Primelis SARL provides search engine optimization solutions. The company was founded in 2009 and is based in Levallois-Perret, France.

Bel Air Fine Art

Venture Round in 2017
Bel Air Fine Art network of modern and contemporary art galleries. Since the opening of a first gallery in Geneva in 2004, the Bel-Air Fine Art group has settled in the most prestigious locations in Switzerland : Crans-Montana, Verbier and Gstaad. The group then pursued its growth with permanent locations in Europe (Paris Place des Vosges, Saint-Tropez, Venice, Pietrasanta, Knokke-le-Zoute, Cannes and more recently London), in Middle-East (temporary locations in Abu Dhabi, Dubaï and Beirut) and now in North America with a permanent gallery in Miami (Design District) and a temporary location in Miami Beach (Villa Azur). At the head of the group, father and son François and Grégory Chabanian attach great value to present a rich selection of internationaly acclaimed and emerging contemporary artists from different artistic movements.

Epsa Group

Acquisition in 2017
Epsa Group is a management and purchase consultancy.

Nord Coffrage

Merger/Acquisition in 2019
Nord Coffrage S.A. specializes in selling and renting construction sites equipment. It offers shoring equipment, including props, normatower, normagrille slab formwork, normaflex formwork, the scaffolding tower, panel formwork normadeck, beams, and accessories; formwork equipment, including straight formwork, rounded formwork, hand carried formwork, moulds, accessories, and refitting services; safety equipment, including safety guard rails and tubes, climbing protection, panels - life nets, fixed and sliding bays, and guard rail for core slab and shaft; specific equipment, including normapost, normatray, metallic posts with trolleys, and grillage for frontage; and scaffolding equipment, including multi direction, façade, and rolling scaffolds. Nord Coffrage S.A. was founded in 2000 and is based in Saultain, France.