Go to deals
Private Equity | Consumer & Retail

Rubel & Ménasché has been acquired by Perwyn Advisors UK Ltd.

May 2024 — The shareholders of Rubel & Menasché have closed a third LBO, selling the company to Perwyn Advisors UK Ltd.

Rubel & Ménasché is an international French jewelry company specializing in small stones, based in the heart of Paris. Since its creation, the firm has distinguished itself by its quality of service and expertise. The company has been recognized by the most prestigious high-end jewelry and watchmaking houses, such as Cartier, Van Cleef & Arpels and Hermes. These blue-chip clients value its craftsmanship, reputation and reliability, having collaborated with the company for many years.

Perwyn Advisors UK Ltd. is a European private equity investor specializing in buy-out and growth capital investments in four sectors: technology, services, healthcare, and food and ingredients. The firm typically invests in a specific portfolio of companies with an enterprise value of between £50–500 million (US$63.5–635 million) and significant expansion potential.

Founded in 2014, Axio Capital is a France-based private equity firm headquartered in Paris. It manages the Axio Croissance investment company, the first evergreen SLP created in France, with a 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.

Our role in the transaction

Oaklins’ team in France acted as the exclusive financial advisor to the shareholders of Rubel & Ménasché in this transaction.

Parties

Talk to the deal team

Eric Félix-Faure

Managing Partner
Paris, France
Oaklins France

Océane Chainho

Associate Director
Paris, France
Oaklins France

Related deals

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Private Equity | Consumer & Retail

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild

Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.

Learn more
Comtax has been acquired by Ryan
Private Equity | Business Support Services | TMT

Comtax has been acquired by Ryan

Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.

Learn more
TNT has been acquired by PM Studio
Consumer & Retail | Other Industries

TNT has been acquired by PM Studio

TNT Group has been acquired by PM Studio Group, backed by Andera Partners, bringing together two complementary specialists in premium packaging for the beauty and luxury industries. TNT’s expertise in bespoke primary packaging complements PM Studio’s secondary packaging, gifting and creative design capabilities, creating a broader, integrated offering for major luxury brands. The transaction strengthens the group’s geographical footprint in Asia and the USA, diversifying its customer portfolio. The combined group generates over US$145 million in revenue and has approximately 150 employees worldwide. Following the transition of operational leadership to CEO Damon Kennish, the founders completed the sale to PM Studio while making a significant reinvestment alongside the management team, demonstrating their confidence in the combined group’s long-term potential. It aims to reach US$280 million in revenue by 2029 through organic growth, commercial synergies and further acquisitions.

Learn more