CELESTE has received a mezzanine investment from Siparex
February 2018 — CELESTE has completed a sponsorless buyout transaction involving the exit of CM-CIC Capital Privé, financed by Siparex (mezzanine debt) and a pool of banks (senior debt).
CELESTE is a French internet service provider (ISP) for SMEs and owns its fiber optic network which spans more than 2,500 km. to connect major metropolitan markets throughout France, including connections to international peering points. CELESTE also provides high value-added services such as high definition voice and hosting services.
Siparex is one of the leading independent French private equity groups. As a reference partner for medium-sized companies and SMEs, and start-ups under the XAnge brand, its business is to invest in companies' own funds by providing growth momentum. The firm has US$2 billion in assets under management.
Our role in the transaction
Oaklins' team in France assisted the founder of CELESTE in this transaction which will strengthen his majority stake.
Talk to the deal team
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn moreHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn more