Initiative & Finance

Initiative & Finance is looking at investment opportunities in companies valued at €5M-€60M, with an annual turnover of between €5M and €75M. The core target is firms with a value of €10M-€30M. With the objective to meet the needs of the owners/entrepreneurs and the SMEs, Initiative & Finance structures its operations with flexible, tailor-made deal. Initiative & Finance invests of between €2M and €15M per operation. This provides flexibility and offers a wide range of possible deal-types, as well as a significant number of potential opportunities.

Baudouin D'Herouville

Partner and Head of Midcap

Thierry Giron

Director General

Clémence Megarbane

Principal

21 past transactions

Azergo

Venture Round in 2021
Azergo provides ergonomic chairs, height-adjustable desks, ergonomic mice, accessories, footrests, and acoustic partitions. They are engaged in optimizing workstations, improving work conditions for operators, and installing acoustic partitions. They also offer solutions for optimizing workstations and improving working conditions for operators.

Akanea

Seed Round in 2020
Akanea is a publisher of business software for supply-chain and agrifood sector.

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.

Nord Coffrage

Venture Round in 2019
Nord Coffrage is a Rental of formwork and shoring, distribution of materials for the shell.

Mobilis Care & Carry

Acquisition in 2018
Mobilis Care & Carry specializes in the manufacture and sale of protective accessories for mobility devices.

Inomed Technology

Acquisition in 2018
Inomed Technology specializes in the design and manufacture of custom sterilization baskets.

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.

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.

XMCO

Private Equity Round in 2017
XMCO is one of the player cyber security firms on the French market.

Azman Group

Private Equity Round in 2017
Azman Group has put its skills at the service of VSEs and SMEs, by offering a full range of services in video surveillance, alarm, biometric access control and cardiac defibrillator.

Epsa Group

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

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.

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.

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.

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.

Distec International

Acquisition in 2016
Distec International specializes in the distribution of concepts developed from innovative products, which bring real benefits to users.

Moustache Bikes

Acquisition in 2015
Moustache Bikes specializing in the design, development, assembly and distribution of Assistance Bikes Electrical connection (VAE).

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.).

LGI Wines

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

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.

SLAT

Acquisition in 2009
LAT is one of the European leaders in the DC power supply market. The 70-employee SME designs and manufactures battery-powered power supplies to ensure energy continuity for all applications where this continuity is essential.
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