ABCD Optique has raised funds
April 2022 — ABCD Optique has completed a fundraising with Sofipaca and Normandie Participations for its strategic development plan and shareholding restructuring.
Founded in 2012, ABCD Optique is one of the main affiliate members of Krys Group, a major player in the French optical industry. The group has a network of nearly 15 stores located between Normandy and Provence. Driven by the expertise and knowledge of its managers, it stands out thanks to a qualitative positioning, and its ability to be a forerunner in its market by offering an innovative visagism concept. Alongside the sales experience offered to its clients, ABCD Optique has also its own brand of customizable frames “Me&Eye”, which is positioned in a premium segment and generates value.
Based in Aix-en-Provence and Nice, France, and founded in 1984, Sofipaca is the private equity affiliate of Crédit Agricole Alpes Provence and Crédit Agricole Provence Côte d’Azur. The fund has five investment professionals, invests in SMEs and offers them long-term support in their growth strategy. Sofipaca has supported more than 300 regional SMEs.
Normandie Participations is a regional fund based in the north of France. The firm provides equity capital to SMEs in their growth project. Normandie Participations has a team of 10 professionals and has supported more than 70 SMEs across several sectors.
Our role in the transaction
Oaklins’ team in France advised the shareholders of ABCD Optique in this process and organized a banking pool to refinance the existing financial debt.
Anne Cristini-Desir
Founder, ABCD Optique
Talk to the deal team
Related deals
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 moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn more