O2 has been acquired by Capzanine

January 2015 — Evolem, based in France, has sold a stake in O2, the French leader in home services, to Capzanine for an undisclosed consideration.

Founded in 2004 by its partners, Capzanine invests in equity and/or mezzanine or private debt financing for unlisted companies. The firm has over US$2.3 billion under management. Aside from its founders, subscribers include private equity investors, company managers, French institutions and funds. Capzanine's current investment portfolio is representative of every sector of the economy. A family tradition of entrepreneurship and several years' experience working with SMEs on behalf of investment funds enables Capzanine to offer hybrid long-term financing solution to bring the cost of financing below that of traditional private equity investment.

Evolem is a private equity firm specializing in growth capital investments and leveraged buy-out transactions. It invests in all sectors with a focus on industrial goods and services, other manufactured goods, transport, financial services, consumer goods, agriculture, buildings/public works, home services, sustainable development, individual services, direct marketing, renewable energies, house furniture, specialized hobbies and publishing, and health and leisure, nutrition and healthcare, construction and pollution, orthopedy, communication and marketing, interior, and sound. The firm generally invests in small and medium-sized enterprises based in France.

Our role in the transaction

Oaklins' team in France assisted the seller in this transaction.