Investment Summary

Amundi Private Equity, Sofipaca Capital Investissement and Arkea Capital Invest In CBA

On October 30, 2023, private equity firms Amundi Private Equity, Sofipaca Capital Investissement and Arkea Capital invested in software company CBA from Five Arrows

Investment Highlights
  • This is Amundi Private Equity’s 2nd, Sofipaca Capital Investissement’s 1st and Arkea Capital’s 4th transaction in the Software sector.
  • This is Amundi Private Equity’s 15th, Sofipaca Capital Investissement’s 30th and Arkea Capital’s 95th transaction in France.

Investment Summary

Date 2023-10-30
Target CBA
Sector Software
Investor(s) Amundi Private Equity
Sofipaca Capital Investissement
Arkea Capital
Sellers(s) Five Arrows
Deal Type Stake Purchase

Target

CBA

Avignon, France
CBA is a provider of billing and patient management software for private sector nurses in France with more than 28,000 subscribers. CBA's software is essential to the daily activities of private sector nurses and covers both medical functions (e.g. patient management, remote transmission of patient records to social security) as well as administrative functions (e.g. scheduling, accounting, health insurance payment collection). CBA was founded in 1986 and is based in Avignon. France.

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Investor(S) 3

DESCRIPTION

Amundi Private Equity is the direct, private equity investment arm of asset manager Amundi. The Group looks to invest €10 to €50 million in growth companies generating up to €1.5 billion in sales. Amundi Private Equity principally looks to acquire stakes in French companies, but will consider broader Western Europe as well. Sectors of interest include financial services, healthcare, materials, consumer products, energy, information technology, and communications. Amundi Private Equity is based in Paris, France.


DEAL STATS #
Overall 15 of 17
Sector: Software M&A 2 of 3
Type: Stake Purchase M&A Deals 2 of 2
Country: France M&A 15 of 15
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-20 Jems Group

Neuilly, France

Jems Group is a provider in Big Data and pioneer of data-oriented digital transformation. JEMS intervenes in all activity sectors, from mid-cap companies to CAC 40, particularly in the fields of health, automotive, agriculture, retail, finance, Facility Management, and industry. Jems Group was established in 2002 and is based in Neuilly, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-14 aixigo

Aachen, Germany

aixigo provides API-based Wealth Management Platform for creating individual, innovative and profitable wealth management services. Our platform enables banks, financial service providers and wealth managers to digitalise their service offerings. aixigo was founded in 1999 and is based in Aachen, Germany.

Buy -
DESCRIPTION

Sofipaca Capital Investissement is a private equity firm focused on minority investments (up to 30% equity) in small, growth-oriented French companies. The Firm targets profitable companies operating in traditional industries and looks to invest up to €3 million per transaction. Sofipaca Capital Investissement was established in 1984 and is headquartered in Aix-en-Provence.


DEAL STATS #
Overall 30 of 33
Sector: Software M&A 1 of 1
Type: Stake Purchase M&A Deals 7 of 8
Country: France M&A 30 of 33
Year: 2023 M&A 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-19 Silversun

Lambesc, France

Silversun is an installation developer and carries out all stages of a roof photovoltaic power plant project internally (from development to installation and maintenance). Silversun was founded in 2005 and is based in Lambesc, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-15 Groupe Berto

Avignon, France

Groupe Berto is a provider of specialized and intelligent services for the optimized management of people, materials and flows. The company provides Rental with driver, Rental without driver, Solutions & connectivity, Outsourcing, Human support, Transport & chartering and Event logistics services. Groupe Berto was founded in 1963 and is based in Avignon, France.

Buy -
Investor

Arkea Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2011
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Arkéa Capital is the private equity investment arm of diversified financial services company Crédit Mutuel Arkéa. Arkéa Capital looks to make long-term investments in established, market leading companies. The Group does not have any sector preferences. Arkéa Capital does not have any sector preferences and is headquartered in Brest.


DEAL STATS #
Overall 98 of 111
Sector: Software M&A 4 of 4
Type: Stake Purchase M&A Deals 5 of 12
Country: France M&A 95 of 108
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-19 Lumiplan

Saint-Herblain, France

Lumiplan imagines, designs and implements innovative solutions to enhance the territories by providing turnkey communication solutions for non-advertising information for citizens and travelers. Lumiplan was founded in 1972 and is based in Saint-Herblain, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-21 Stelogy

Paris, France

Stelogy is a global operator of telecommunications and network infrastructure services for companies and administrations. Stelogy was founded in 2003 and is based in Paris, France.

Sell -

Seller(S) 1

SELLER

Five Arrows

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
PE ASSETS 24.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Five Arrows Principal Investments is a mid-cap investor in Western European companies. Five Arrows can invest across the capital structure (equity, equity-linked, mezzanine, convertible debt) and generally focused on primary or secondary buyouts, growth financings, and balance sheet restructurings. The Group does not have any sector preferences, but typically looks for businesses with high barriers to entry and predictable earnings. Five Arrows can commit €30 to €400 million per investment. Five Arrows is a unit of Rothschild Bank. The Group has offices in Paris, Luxembourg, and London.


DEAL STATS #
Overall 24 of 27
Sector: Software M&A 2 of 3
Type: Stake Purchase M&A Deals 1 of 1
Country: France M&A 12 of 13
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-04 n2y

Huron, Ohio, United States

n2y is a developer of education curricula and teaching materials for K-12 students with special needs. n2y offers its products to teachers and school administrators through a cloud-based subscription platform. n2y’s core products include Unique Learning System, a standards-based curriculum program designed specifically for students with special needs; news-2-you, a weekly current events newspaper; and SymbolStix, a symbol-based language used in learning materials. n2y was founded in 1997 and is based in Huron, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-19 Agilio Software

Sheffield, United Kingdom

Agilio Software is a provider of saas based compliance and hr services into the dental market via its two main product lines, icomply and total hr. These are essential clinical services for dental practices to ensure regulatory and cqc compliance, free up practice managers time and drive operational excellence, in a market underpinned by complex and changing clinical regulation. Agilio Software is based in Sheffield, United Kingdom.

Buy -