Groupe Siparex has sold Siriona S.A. to Auriga Partners/CM-CIC Capital
March 2011 — Groupe Siparex, an investment firm based in Lyon, France, has sold its minority stake in Siriona S.A. to Auriga Partners and CM-CIC Capital for US$4 million.
Founded in 20012 and based in Paris, France, Siriona S.A. provides accommodation software solutions for hotels, hotel chains, and residences. It offers the Availpro booking engine, the Smart Channel Manager for distribution of inventory to selected online channels and PMS Integration, which simplifies the daily sales and administrative management of hotels.
Founded in 1998 and based in Paris, France, Auriga Partners is a venture capital firm specializing in startups and early stage companies. The firm prefers to invest in the information technology, telecommunications, industrial technology, electronic biotechnology/medical, energy, chemical/new materials, industrial automation, and life sciences sectors. Auriga Partners primarily invests in the European Union, with a minor focus on North America, France, and Israel.
CM-CIC Capital Privé SA is an investment firm specializing in funds and direct investments. For direct investments, the firm specializes in startup venture, growth capital and buyout transactions including LBO, MBO and OBO. The firm seeks to invest in small and medium sized companies in all sectors but focuses its investments in manufacturing, internet services, information technology, life sciences, health, industrial services, retail and distribution.
Groupe Siparex is an investment firm specializing in venture capital, startups, post-startups, growth capital, successions, leverage buy-outs and buy-ins in middle and emerging markets and regional investments. Groupe Siparex is interested in businesses engaged in all sectors, with a special focus on France, Italy, Spain, Portugal, and Belgium. The firm also prefers to invest in companies in the information technologies and life sciences sectors based in France and Northern Europe, aiming to exit from its investments over a three to seven-year-time horizon. Directly or through its sponsored private equity funds, it provides unlisted growing companies with a full array of private equity services. The firm takes either minority or majority stakes. Groupe Siparex was founded in 1977 and is based in Lyon, France, with additional offices in Europe, North America, and Russia.
Our role in the transaction
Oakllins' 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