Cyclable has completed its secondary fundraising with Calcium Capital
March 2022 — Cyclable has completed a fundraising with Calcium Capital for its strategic development plan and its shareholding restructuring. Consequently, Calcium Capital is a new shareholder – after the exit of M Capital, a French investment firm that participated in the first fundraising – alongside Roland Barthez, historical shareholder since 2010, and the new management team led by Céline Forestier since 2020.
Founded in 2005, Cyclable is the French leader in the soft mobility sector and one of the main retailers of electrically assisted bicycles and cargo bikes. The group has a network of nearly 60 integrated and franchised stores (including four in Switzerland) and revenues of approximately US$66 million in 2021. Cyclable distributes a wide range of quality product, including premium brands such as Brampton, Kalkhoff and Moustache Bikes. Cyclable is projecting to actively extend its stores’ network and to reach approximately 100 stores by 2026.
Based in Paris, France, Calcium Capital is a French private equity firm that supports fast-growing SMEs and entrepreneurs in their development projects, with tickets between US$5.5–22 million. Its entrepreneurial approach to investment is based on a long-term strategic vision shared with management and active support on all daily business decisions.
Our role in the transaction
Oaklins’ team in France acted as the exclusive advisor to Cyclable and its shareholders. The team managed the preparation of the sale process and due diligence, approached and shortlisted a number of potential acquirors and identified Calcium Capital as the best investor to support Cyclable’s growth project.
Talk to the deal team
Related deals
Dan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Learn moreLivlande Agro has been acquired by Merito Partners
Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.
Learn morePDC Wellness has sold Salon System to Professional Beauty Systems
PDC Wellness has successfully sold its Salon System and Just Wax brands to Professional Beauty Systems (PBS).
Learn more