ABCD Optique has raised funds
ABCD Optique has completed a fundraising with Sofipaca and Normandie Participations for its strategic development plan and shareholding restructuring.
Founded in 2012, ABCD Optique is one of the main affiliate members of Krys Group, a major player in the French optical industry. The group has a network of nearly 15 stores located between Normandy and Provence. Driven by the expertise and knowledge of its managers, it stands out thanks to a qualitative positioning, and its ability to be a forerunner in its market by offering an innovative visagism concept. Alongside the sales experience offered to its clients, ABCD Optique has also its own brand of customizable frames “Me&Eye”, which is positioned in a premium segment and generates value.
Based in Aix-en-Provence and Nice, France, and founded in 1984, Sofipaca is the private equity affiliate of Crédit Agricole Alpes Provence and Crédit Agricole Provence Côte d’Azur. The fund has five investment professionals, invests in SMEs and offers them long-term support in their growth strategy. Sofipaca has supported more than 300 regional SMEs.
Normandie Participations is a regional fund based in the north of France. The firm provides equity capital to SMEs in their growth project. Normandie Participations has a team of 10 professionals and has supported more than 70 SMEs across several sectors.
Oaklins’ team in France advised the shareholders of ABCD Optique in this process and organized a banking pool to refinance the existing financial debt.
Anne Cristini-Desir
Founder, ABCD Optique
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