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Private Equity | Business Support Services | TMT

Vespa Capital has sold Cleeven to CNP

December 2022 — Cleeven has completed a secondary majority LBO with Compagnie Nationale à Portefeuille (CNP), a Belgian investment holding.

Cleeven is a European technology and IT consulting company with offices in France, Switzerland, Monaco and Sweden. The company offers the best human and technological skills within optimal timeframes.

Founded by Albert Frère, CNP manages net assets of around US$3 billion through a diversified portfolio of global companies that are leaders in their sectors. Backed by a stable and supportive family shareholder base, CNP focuses on long-term value creation through active involvement with the management teams of companies in which it participates.

Vespa Capital is an independent French private equity firm. Created in 2009, the management team is the first investor of the fund which systematically takes majority positions alongside entrepreneurs and management teams. Operating in the small-cap segment, Vespa Capital is specialized in primary transactions.

Our role in the transaction

Oaklins’ team in France advised Cleeven on its secondary majority LBO.

Parties

Talk to the deal team

Hadrien Mollard

Managing Partner
Paris, France
Oaklins France

Thibaut de Monclin

Managing Partner
Paris, France
Oaklins France

Kilian Barbier

Associate Director
Paris, France
Oaklins France

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