ASCAUDIT GROUPE has sold a minority stake to Groupe Siparex
October 2016 — ASCAUDIT GROUPE has successfully reorganized its ownership structure through a partial cash-out of the founder and the acquisition of the historical PE fund shares by Groupe Siparex. The company has also raised funds through convertible bonds and senior debt.
ASCAUDIT is a French engineering group that provides services in the design and monitoring of elevators, accessibility and mobility within a building, and monitoring of HVAC systems sectors. The company is involved in projects of high complexity in terms of vertical circulation, such as mechanical stairs and freight elevators.
Groupe Siparex is a principal investment firm specializing in direct and fund of funds investments.
ISATIS Capital SA is a private equity firm specializing in growth capital and buy-out investments. The firm funds internal growth and structuring of companies, external growth operations through acquisitions, internal development, and corporate takeover.
Our role in the transaction
Oaklins' team in France advised ASCAUDIT GROUPE in this transaction. The team secured the cash-out of the historical PE fund, ISATIS Capital SA, with a 30% stake in the company, as well as a partial cash-out of the founder.
Talk to the deal team
Related deals
Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreOEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreBolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.
Learn more