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
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn more