Flex Equity

Flexible financing solutions combining equity and mezzanine
Types of financing
Equity (majority or minority), convertible bonds and mezzanine
Company profile

SMEs with EBITDA ranging from €3m to €10m

 

Projects: MBO, development capital, external growth, organic growth

 

Sectors: no sector restrictions but a list of preferred sectors (tech, healthcare, financial and BtoB services, training/education, etc.)

 

Regions: Eurozone, primarily France, Spain, Italy and Germany.

Amount invested
From €8m to €40m

CAPZA’s Flex Equity funds support small and mid-caps in their development plans as a reference shareholder (majority or minority).

 

The Flex Equity teams have carried out over 70 transactions since 2004, combining equity and mezzanine financing. We maintain close ties with the entrepreneurs and can offer flexible top balance sheet solutions that can be adapted to the business’s goals.

An experienced team: the team benefits from a dual mezzanine/capital expertise and relies on senior partners who have weathered various economic cycles.

 

A focus on creating value: we establish close ties with the management teams, leaving them plenty of managerial freedom while supporting them in their strategic development plans: structural organization, organic growth in France or abroad, external growth.

 

Importance of primary deals: we support businesses in their first partnership with a fund, by informing them about the operation, supporting their development, establishing key indicators, giving employees a stake in the capital, reinforcing governance and helping them take decisions on strategic issues.

 

Strong sector verticals: the team has built up considerable expertise in growth sectors such as tech, healthcare, financial services and BtoB services.

 

Local sourcing capacity: the team has built up long-term relationships with an ecosystem of business facilitators. We operate locally with offices in France, Germany, Spain and Italy, and partners in the rest of the world. Our sector expertise makes us the go-to intermediary ahead of transactions.

Key figures

70

transactions since 2004

As at 31/03/2020
23

investment professionals

As at 31/03/2020
Newsroom
  • OCTIME CAPZA
    29
    Oct’ 2020
    CAPZA renews its support to the OCTIME GROUP
    The OCTIME Group, a major player in the HR software edition for planning and management of working time, enters a new phase of growth by renewing its confidence in Andera Partners and CAPZA in the context of a second LBO with an enlarged management team.
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  • 23
    Sep’ 2020
    CAPZA realizes the first investment of its new Flex Equity fund
    CAPZA realizes the first investment of CAPZA 5 Flex Equity by acquiring a majority stake in IMF, one of the leading online business schools in Spain.
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  • 20
    Jul’ 2020
    CAPZA successfully raises €450m
    CAPZA successfully raises €450m in the first closing of the CAPZA 5 Flex Equity Fund
    Read more
  • 9
    Jul’ 2020
    CAPZA signs the acquisition of the Eurofeu group
    CAPZA acquires a majority stake in Eurofeu group*, a leader of the French fire safety market.
    Read more