Axio Impact Cellulose raises US$48 million to invest in ISO GREEN GROUP and support its development plan
Axio Capital, shareholder of the bio-based insulation manufacturer ISO GREEN GROUP since 2017, has created a dedicated investment vehicle, Axio Impact Cellulose SLP. Together with Charles Kirié, founder and CEO of ISO GREEN GROUP, a first partial liquidity operation has been carried out and they reinvested together to consolidate the exponential growth of the company.
ISO GREEN GROUP offers solutions adapted to the thermal insulation professionas, such as manufacturing and distribution of cellulose, distribution of insulation laying machines (carding blowers) and accessories (loft spotlight covers), and solutions to help to finance energy renewal via the White Certificate scheme in France.
Axio Impact Cellulose is a single-asset dedicated investment vehicle subscribed by Axio Capital, institutional investors, family offices and private individuals.
Founded in 2014, Axio Capital is a France-based private equity firm, headquartered in Paris. Axio Capital manages the Axio Croissance Investment Company, the first evergreen SLP created in France, with variable capital of US$61 million. This innovative investment vehicle, finalized in the first half of 2016, is subscribed by entrepreneurs and family offices. Axio Capital specializes in MBOs, spin-offs, OBOs and buy-and-build transactions.
Oaklins’ team in France acted as advisor to Axio Capital to raise funds for the Axio Impact Cellulose investment vehicle.
Talk to the deal team
Thibaut de Monclin
Ricotto has been acquired by Sitra Group
Ricotto S.r.l. has joint Sitra Group, a Belgium-based and PE-backed international logistic and transportation group.Learn more
M80 Partners has acquired Luminis
Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.Learn more
Spice Private Equity Ltd. has had a fairness opinion conducted on a public tender offer by GP Investments
On 14 July 2022, GP Swiss Ltd., a subsidiary of GP Investments, published a public tender offer for all publicly held registered shares of Spice Private Equity Ltd. (Spice). The independent members of the Board of Directors of Spice have had a fairness opinion conducted on the financial adequacy of this public tender offer. The offer price for each Spice share was US$16.25 net in cash. Following a successful offer, GP Investment intends to delist the stock from the SIX Swiss Stock Exchange.Learn more