Anaveo has been acquired through an LMBO by Bridgepoint Development Capital
December 2015 — Anaveo, a French provider of electronic security solutions to small and medium sized businesses, has been acquired by Bridgepoint Development Capital (BDC), through an LMBO, from its majority shareholder (M. Paul Surand) and minority financial investors (CM CIC, Garibaldi Participations and Viveris), for an undisclosed sum.
Established in 1995 and headquartered in Lyon, Anaveo specializes in security solutions such as video surveillance, security access control and intrusion detection. All solutions are devised and designed by the company's in-house R&D team. Its security systems have been installed at over 8,000 sites throughout France.
BDC is focused on buyouts and growth capital investments, typically in businesses with an enterprise value of between US$20–150 million. Olivier Nemsguern, head of BDC France, commented: "Anaveo's differentiated expertise, product reliability and ease of use have enabled it to outperform the market, with double digit organic growth. This sector remains highly fragmented, providing an exciting opportunity for Anaveo to increase market share and extend its reach to the corporate and local authority sectors."
Paul Surand, founder and majority shareholder of Anaveo, said: "Anaveo has delivered an impressive annual growth rate of 25% over the past 15 years and is now the preferred partner of SMEs for their security solutions. BDC has a strong strategic understanding of the company and its environment. With them as our new majority shareholder, Anaveo is strongly positioned to take up new, ambitious challenges." Anaveo chief executive, Gregory Louis, added: "The support offered by our partnership with BDC will enable us to accelerate Anaveo's development in many new market segments, both organically and through a buy and build strategy."
Our role in the transaction
Oaklins' team in France advised the seller in this transaction
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