Rubel & Ménasché has sold a minority stake to Axio Capital
The private shareholders of Rubel & Ménasché have sold a minority stake in the company to AXIO CAPITAL. Financial details have not been disclosed.
Rubel & Ménasché is a renowned French diamond dealer specialized in the sale of small stones, smaller than one carat. Due to a robust organization, Rubel & Ménasché masters the entire supply chain, from the purchase of stones to the sale, including customers' support. Headquartered in Paris and based on its unique know-how and service-oriented positioning, the company benefits from long-standing relationships with blue chips clients such as Cartier, Van Cleef & Arpels and Boucheron. In 2018, the company generated revenues of US$65 million and an EBITDA of US$4.8 million.
AXIO CAPITAL is a French PE fund which focuses on SMEs with a turnover between US$3.5–110 million in sales in all sectors.
Oaklins' team in France advised the sellers in this transaction.
Talk to the deal team
Managing PartnerParis, France
Leadec has acquired Diversified Automation
Leadec, a portfolio company of Triton, has completed the acquisition of Diversified Automation, Inc.Learn more
Lacerta Group has been recapitalized by SK Capital
Lacerta Group, Inc. has been recapitalized by SK Capital Partners.Learn more
Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners
The shareholders of Coastal Insurance Underwriters have sold the firm to Constellation Affiliated Partners.Learn more