Companies’ listing

Buyout
Investment date : 25/04/2018
Country : France
Sector : Industrials
Website : http://www.drt.fr/

Created in 1932 and headquartered in Dax (France), DRT is a global leading producer of ingredients derived from plant-based chemistry, mainly from pine trees. With a turnover estimated at €500m in 2017, DRT is a truly international company with more than 80% of its business made outside of France, of which around 25% in the Americas and more than 10% in Asia. The group employs close to 1,300 people and is operating through a global footprint with four production sites located in France, two in the USA, three in India and one in China.

Private Debt
Investment date : 27/03/2018
Country : France
Sector : Consumer goods and services
Website : https://www.cyrusconseil.fr/

Founded in 1989, Cyrus Group is one of the leading independent wealth management advisory firms in France, with €3.4 billion financial assets under management. Structured around 3 complementary business lines (portfolio management, real estate and asset management) across 14 sites, Cyrus Group offers its high-end customer base of entrepreneurs, executives and wealthy families with wealth management consulting services and financial and real estate investment solutions to suit their needs. The company has a workforce of 175, including 60 asset consultants.

Real Estate
Investment date : 28/02/2018
Country : Germany
Sector : Office complex

The “Heinemann Bogen” office complex, located in Munich’s Neuperlach district, was built in 1990 and was last renovated in 2013. The prominent complex consists of a main building that is connected to four office wings with five to six stories each. The natural stone façade, two tower-like semicircular structures above the entrances and a freestanding rental unit with a striking round glass front used as a restaurant space make it highly recognisable. The rental space offers tenants flexible and efficient floorplans for all office concepts in units per floor of approx. 460 square meters to 2,400 square meters. The office building is in a prestigious corner location at Schindlerplatz square, which is clearly visible from the directly adjacent “Neuperlach-Süd” station. Travel time to downtown Munich via the nearby S-Bahn (train) and U-Bahn (subway) connection takes about 20 minutes, and the A8 is just a few minutes away by car.

Buyout
Investment date : 14/02/2018
Country : Spain
Sector : Consumer goods and services

Monbake, the resulting group from the merger of Berlys and Bellsolà, is one of the leading players in the Spanish frozen bread and bakery market. With 11 manufacturing plants across the country, a wide product offering with focus in constant innovation, an integrated commercial network across all channels in Spain, the group currently employs more than 1,700 employees in Spain and has c.€300m of combined revenues.

Buyout
Investment date : 02/02/2018
Country : France
Sector : Consumer goods and services
Website : https://www.assurances-sfam.fr/

Founded in 1999 by Sadri Fegaier, SFAM is a major European player in the distribution of extended warranty products, specialising in particular in the fast-growing portable products market. SFAM designs, sells, and manages a line of premium insurance products for mobile phones and multimedia devices with extended warranties.

Co-Investment
Investment date : 30/01/2018
Country : France
Sector : Aerospace and defense
Website : http://www.alvest.fr/

Alvest is a company dedicated to the design, manufacturing and distribution of technical products for the aviation industry. This includes aviation ground support equipment, spare parts and services, and technical adhesives and markings for the aerospace and industrial markets. Alvest has more than 1,800 employees, a global proprietary sales and after-sales network, and operates 10 factories in the United States, Canada, France and China which together serve customers in over 130 countries.

Expansion
Investment date : 08/01/2018
Country : Germany
Sector : Business services
Website : https://www.yourccc.com/

Founded in Austria in 1998, CCC is today headquartered in Berlin. With more than 5,500 employees, the company offers high-quality BPO solutions in 28 languages and serves more than 80 customers in Europe. The group operates from 18 locations across eight countries, ten of which are based in the DACH region, four in Eastern Europe, three in Turkey, and one in France. The company has secured a leading market position in the DACH region. CCC’s range of services includes social media monitoring, up/cross selling, complaint management and technical support. The company offers a broad range of communication solutions across telephone, e-mail, chat and social media channels.

Co-Investment
Investment date : 02/01/2018
Country : Germany
Sector : Business services
Website : https://www.yourccc.com/

Founded in Austria in 1998, CCC is today headquartered in Berlin. With more than 5,500 employees, the company offers high-quality BPO solutions in 28 languages and serves more than 80 customers in Europe. The group operates from 18 locations across eight countries, ten of which are based in the DACH region, four in Eastern Europe, three in Turkey, and one in France. The company has secured a leading market position in the DACH region. CCC’s range of services includes social media monitoring, up/cross selling, complaint management and technical support. The company offers a broad range of communication solutions across telephone, e-mail, chat and social media channels.

Co-Investment
Investment date : 29/12/2017
Country : United States
Sector : Business services
Website : http://www.proservice.com/

ProService is the largest professional employment organization (“PEO”) in Hawaii offering payroll processing, tax, compliance, and healthcare & benefits services to small and medium-sized businesses on a turnkey, outsourced basis. The company serves approximately 2,200 businesses in Hawaii, representing 33,000 people. Headquartered in Honolulu, ProService employs 250 people mainly spread out across 5 offices in each of Hawaii’s major islands.

North America Direct Buyouts
Investment date : 15/12/2017
Country : United States
Sector : Industrials
Website : http://www.revereplasticssystems.com

Revere Plastics Systems, LLC designs, develops, manufactures, and supplies plastic injection molded assemblies and components for the appliance, automotive, outdoor power equipment, medical, garden and consumer goods industries. It offers assemblies which include doors, balance rings, bases, pumps, dispensers, rollers, and dish racks for the appliance industry; lighting, interior, HVAC and braking for the automotive industry. The company also provides numerous engineered services; injection, stack, tandem, and insert molding services; and multi shot molding, mold to mold transfer, gas assist, in-mold decorating, vertical molding, testing, assembly, and decorating services. The company was incorporated in 2005 and is based in Clyde, Ohio. It has locations in Clyde, Ohio; Jeffersonville, Indiana; Poplar Bluff, Missouri; and Brampton, Canada.

Expansion
Investment date : 12/12/2017
Country : France
Sector : Consumer goods and services
Website : http://www.babeau-seguin.fr/

Le groupe Babeau-Seguin est le troisième constructeur français de maisons individuelles. Depuis 2010, le chiffre d’affaires du groupe aura ainsi presque doublé et devrait s’établir à plus de 180 M€ en 2017. Avec dix marques reconnues sur leurs zones de chalandise respectives, dont la plus emblématique est Maisons Babeau-Seguin, le groupe propose un large catalogue de plus de 200 maisons.

Co-Investment
Investment date : 29/11/2017
Country : United States
Sector : Industrials
Website : http://waterfleet.com/

WaterFleet is a provider of onsite generation of EPA-quality, potable water and wastewater treatment for remote temporary housing / work sites, using a proprietary set of self-contained, mobile water-processing systems equipped with technology for remote monitoring and data collection. Headquartered in San Antonio (Texas), Waterfleet employs 104 people among its headquarters and several satellite offices across Texas, New Mexico, Oklahoma and Louisiana.

Co-Investment
Investment date : 26/10/2017
Country : United Kingdom
Sector : Industrials
Website : http://www.praesidiad.com/

Praesidiad is a global supplier of perimeter security systems and solutions. It provides turnkey solutions, deployable barriers and body armors products for high security projects as well as medium and low-end security products (i.e. fencing, access control applications). Praesidiad employs 1,600 people in 9 manufacturing facilities, 2 assembly facilities and more than 30 sales offices worldwide.

Private Debt
Investment date : 19/10/2017
Country : Germany
Sector : Healthcare and life sciences
Website : http://www.emvia.de/

EMVIA Living, established through a carve-out of the operating business comprising 46 stationary care homes from MK-Kliniken AG, is an independent private company based in Hamburg and Berlin. EMVIA Living has a capacity of around 5,500 beds to service people in need of care and has around 3,200 employees. With c. €200 million in revenues, the company is one of the leading players in its sector in Germany. The company is managed by Markus Speckenbach as CEO.

Private Debt
Investment date : 29/09/2017
Country : Netherlands
Sector : Consumer goods and services
Website : https://www.voogd.com/

Founded in 1909, Voogd & Voogd is a leading technology-enabled insurance distribution and software platform. Providing a range of value-added administrative services and solutions, the company’s platform forms the commercial and logistical link between insurers and c.2,000 brokers in the Netherlands.

Buyout
Investment date : 28/09/2017
Country : France
Sector : Business services

Assystem Technologies has more than 9,000 employees in a dozen countries. Its activity is characterized in particular by a high technicality, and proven expertise in complex and critical systems. The company works with clients in the aerospace, defense, automotive, transportation and industrial sectors, from the design to the marketing of their products and services.

Expansion
Investment date : 15/09/2017
Country : Germany
Sector : Industrials
Website : http://www.imes-icore.de/

imes-icore was established in 2002 as a spin-off from the isel Group, which has been in business since 1972. The company currently has around 150 employees at its Eiterfeld site. It develops, produces and sells specialist CNC-CAD/CAM systems for milling, water jet and laser cutting as well as 3D-printing. The firm's products are used in dental laboratories, clinics and dental milling centres.

Infrastructure
Investment date : 06/09/2017
Country : Belgium
Sector : Utilities
Website : https://www.lbctt.com/

In September 2017, Ardian acquired a stake in LBC Tank Terminals (“LBC”) from State Super and Sunsuper. LBC, headquartered in Belgium, is a global provider of responsible logistics solutions. They own and operate midstream and downstream facilities for bulk liquid chemicals, oil and refined petroleum products. The company has a total capacity of 2 million cubic meters, and its largest operations are located on the US Gulf Coast, in Houston and Baton Rouge. Safety, efficiency and sustainability are keywords for all their activities.
Following the transaction, Ardian holds a 35% stake in LBC. Current shareholders APG and PGGM remained invested in the company with a 32.5% stake each.

North America Direct Buyouts
Investment date : 13/07/2017
Country : Italy
Sector : Industrials
Website : http://dyntecspa.com/

Established in 1983, DT manufactures a large range of tubing for the automotive industry. It creates aluminum tubing and develops products such as transmission oil cooler lines, engine oil cooler lines, turbocharging cooler lines, exhaust gas recirculation, HVAC tubing and power steering tubing. Huron is a leading manufacturer of complex tubular assemblies and precision machined products for the automotive industry. The combination of DT and Huron creates the leading global supplier of automotive tubular components, achieving critical mass, product diversification, new materials capabilities, a worldwide manufacturing footprint, cross-selling opportunities, and a well-balanced customer base.

Private Debt
Investment date : 30/06/2017
Country : Belgium
Sector : Transport
Website : www.wktransportservices.com

WKTS, founded in 1985 and headquartered in Brussels, provides its customers with “on demand” Transportation Management Software and Services, equally catering for all transport and logistics professionals. With over 100,000 users across 80 countries, and through the breadth of their service offerings, WKTS is one of the few providers able to address the needs of the entire logistics supply chain via carriers, freight forwarders, logistics providers, and shippers.

Infrastructure
Investment date : 29/06/2017
Country : France
Sector : Utilities
Website : http://www.spmr.fr/

SPMR (“Société du Pipeline Méditerranée Rhône”), is a refined oil pipeline network company. SPMR owns and operates a pipeline network of strategic interest, which connects the Fos-Lavera oil facilities in southeastern France with the Lyon area, Northern French Alps, Switzerland and the main French Riviera oil depots. The network is 760km long and transports around 9.5Mm3 of products per year.

Real Estate
Investment date : 28/06/2017
Country : France
Sector : Office complex

Built in 1993, Europa is a 26,500 sq m. eight-storey headquarters-style building, offering flexible floor plates of 2,700 sq m., underground parking, numerous in-house services, gardens and terraces. The building will be subject to a complete refurbishment after the departure of the Lagardère Group, with the
aim of redeveloping it as a Grade A building, in line with the highest international building standards.

Infrastructure
Investment date : 28/06/2017
Country : Italy
Sector : Energy

Tolve Windfarms Holding owns three vehicles for the construction of three wind farms in the Tolve Municipality, Potenza Province, Italy. Tolve owns three separate authorizations in the southern Basilicata region for the construction and operation of the portfolio, comprised of Forleto Nuovo 2 (12MW), C&C Acquafredda (14.7MW) and Serra Energia (10.5MW). Construction started in July 2017 and shall be completed during the second half of 2018.

Growth
Investment date : 16/06/2017
Country : Spain
Sector : Technology, Media and Telecom
Website : http://www.t2omedia.com/

T2O media is a Digital Media Agency founded in 2004, that designs and manages marketing and communication strategies with a results orientated approach (Paid, Owned, Earned Media, relying always on Technology). His team has achieved important awards: T2O media has been named National Champion in the UKTI Innovation category by the Europeans Business Awards 2016 and is one of the first companies in the world to have obtained the title of DoubleClick Certified Marketing Partner. Currently has permanent offices in Europe, LATAM and US, where is the partner of major brands. Its clients include Barceló Hotel Group, Honda, Unicredit, José Cuervo, Movistar, Nextel and AXA insurance.

Growth
Investment date : 01/06/2017
Country : France
Sector : Technology, Media and Telecom
Website : https://www.sarbacane.com/

Sarbacane Software was founded in 2001 and has established itself over the past 15 years as a leader in email and digital marketing in France and Europe. The company is managed by Mathieu Tarnus and is based in Hem, near Lille, with offices in Barcelona and New York. It has 80 employees and over 10,000 customers worldwide. Sarbacane Software has delivered double-digit growth since its creation. The company is targeting €20 million within the next three years and is aiming to become one of the top three European companies in the sector.

Private Debt
Investment date : 15/05/2017
Country : United Kingdom
Sector : Consumer goods and services
Website : www.bellrock.fm

Founded in 2000, Bellrock supplies a range of managed facilities and property services under long-term contracts to a blue chip client-base spanning the healthcare, education, corporate and retail sectors. The company uses its own facilities management technology platform to plan, report and analyse trends, which helps its customers operate and manage their estates more efficiently. The Company oversees or delivers c.1million facilities management jobs per annum.

Buyout
Investment date : 27/04/2017
Country : France
Sector : Consumer goods and services
Website : https://www.grandfrais.com/

Created in 1992, Prosol group is the founder of the chain of Grand Frais stores, which are located primarily on the outskirts of major cities and cover areas of 1,000sqm, embodying the concept of the traditional indoor covered market. Each large market hall supplies five different types of produce: fruit and vegetables, dairy, fish (Prosol group), meat produce and grocery (supported by specialized partners). Based in the Lyon region of France, Prosol group experiences a strong and steady growth, with a turnover of more than one billion euros and approximately 185 stores and offers a wide variety of quality fresh products at an attractive price.

Growth
Investment date : 15/04/2017
Country : France
Sector : Consumer goods and services
Website : https://www.santediscount.com/

Santédiscount is an online health and beauty retailer established in 2008 by two pharmacists from Toulouse. Guided by the principle that pharmaceutical products should be available online, Santédiscount’s founders, together with Loïc Lagarde, previously a Strategy Associate at Google and now CEO at Santédiscount, have made every effort to place human beings at the centre of the web. Ever since it was founded, Santédiscount has pursued an ethical and sustainable e-commerce model that combines advice from pharmacists, highquality products and an attractive pricing policy.

Growth
Investment date : 31/03/2017
Country : France
Sector : Technology, Media and Telecom
Website : http://www.abvent.com/

Founded in 1985 by French architects, Abvent is a group currently based in Paris, the leader in software and services for architects and construction professionals (ARCHICAD, ClimaBIM, Rhino 3D, BIMoffice), and a key player in the imaging segment (Twinmotion, Artlantis, iVIsit360, RenderIn). Along with its expansion in France, and to support its international development, Abvent has opened several subsidiaries (Switzerland, the US, Luxembourg, Hungary) and has a network of distributors in 80 countries.

Real Estate
Investment date : 31/03/2017
Country : Italy
Sector : Office complex

Ardian acquired six assets owned by an Italian real estate fund named Cloe, managed by Prelios SGR. The deal is the first investment in Italy made by Ardian Real Estate Europe Fund (AREEF). The transaction consists in the acquisition of six real estate office buildings with an overall GLA of 91.000sqm. Three of the assets are located in Milan, two are located in Rome and a very small asset is located in Bari.

Buyout
Investment date : 02/03/2017
Country : France
Sector : Industrials
Website : http://www.unither-pharma.com/

Founded in 1993 from the takeover of a Sanofi facility in Amiens, Unither Pharmaceuticals is a Contract Development and Manufacturing Organization (CDMO). With annual revenues of +250 M€ and a team of more than 1,200 professionals, Unither Pharmaceuticals operates 6 manufacturing sites and 1 R&D center in France, USA and Brazil.

Co-Investment
Investment date : 24/02/2017
Country : United Kingdom
Sector : Consumer goods and services
Website : www.parkdeanholidays.co.uk

Parkdean Resorts is the largest holiday park operator in the UK. Services provided include the sale of holidays in Parkdean Resorts’ parks and the sale of caravans in its parks and subsequent right of use. With 73 caravan holiday parks, it employs over 6,000 people during the peak season and sells over 500,000 holidays and short breaks a year to 2 million customers.

Private Debt
Investment date : 15/02/2017
Country : France
Sector : Industrials
Website : http://www.ipackchem.com/

Founded in 1987 by Jean-Philippe Morvan, within the Air Products group, Ipackchem was one of the pioneers to introduce fluorination technology in the production of high quality containers used to package substances for which permeation, contamination and evaporation constraints are critical. This technology, which was patented by the Company, enables the production of packaging with enhanced physical and chemical resistance characteristics, alongside advanced permeation features, satisfying the highest quality standards worldwide. Ipackchem therefore benefits from leading positions on its markets, which result from its deep knowledge and superior expertise in the “barrier” packaging manufacturing process.
The Company has operations spanning three continents, through its five production sites located in France, the UK, Hungary, South Africa, and more recently Brazil. Ipackchem employs c. 350 people with total sales of c. € 60 million.

Co-Investment
Investment date : 14/02/2017
Country : United States
Sector : Consumer goods and services
Website : http://www.evansdelivery.com/

Evans is a provider of business process outsourcing services to a network of agents managing freight in containers. Evans provides full back office support for agents, including insurance, safety compliance requirements, invoices customers, IT etc. Evans currently has 237 employees and is present in 30 states in the U.S.

Real Estate
Investment date : 01/02/2017
Country : Germany
Sector : Office complex
Website : http://konrad-muenchen.de/

Konrad is a high-profile office and business center. The complex around the historic Konrad, which comprises 33,700 sqm of office space, 1,200 sqm of warehousing, and 544 parking spaces, is located directly opposite the new Munich convention and exhibition center in München-Riem, the city’s convention center district.

Buyout
Investment date : 19/01/2017
Country : Germany
Sector : Consumer goods and services
Website : https://www.slv.com/

Founded more than 35 years ago and headquartered in Übach-Palenberg, Germany, SLV has experienced significant growth over the past decades and became a leading provider of lighting fixtures in its core markets. With its assets-light business model, SLV offers its customers a diversified and innovation driven product offering from functional towards decorative lighting fixtures for indoor and outdoor use with immediate availability of its products.

Co-Investment
Investment date : 09/01/2017
Country : Poland
Sector : Consumer goods and services
Website : http://allegro.pl/

Allegro is the largest and most popular online marketplace and non-food shopping destination in Poland. Allegro employs 1,275 people (including 600+ engineers) and offers both BtC and CtC online platform to more than 20 million registered customers.

Expansion
Investment date : 29/12/2016
Country : Germany
Sector : Healthcare and life sciences
Website : http://www.eye-tech-solutions.com/

SCHWIND eye-tech-solutions is the specialist for refractive and therapeutic corneal surgery. The company develops, produces and markets a comprehensive product portfolio for the treatment of ametropia and corneal diseases. SCHWIND is present in 125 countries worldwide. Sales and distribution takes place in Germany through the company´s own organisation, and in all other markets through distribution partners. About 1,400 SCHWIND laser systems have been already installed. Customers include refractive surgeons in eye practices, eye clinics, laser centers and university clinics.

Expansion
Investment date : 21/12/2016
Country : Hungary
Sector : Consumer goods and services
Website : http://akh.hu/

AKH Group was founded in 1995 as a single tyre workshop. Today it is the leading company in off-line and on-line (B2B, B2C) distribution and fitting of passenger tyres and wheels in Central and Eastern Europe. The Group is headquartered in Hungary with subsidiaries and significant presence in neighbouring Croatia, Czech Republic, Romania, Slovakia and Slovenia. In addition to distributing tyres to thousands of tyre retailers and workshops throughout the region, the Group has 10 tyre-fitting and car repair workshops and a network of 100+ VIP reseller partners. The AKH Group is also leader in providing in-house and delocalized tyre fitting and tyre hotel services to car fleet, leasing companies as well as a great number of direct customers.

Exited participation

Growth
Investment date : 16/12/2016
Sale Date : 03/05/2018
Country : France
Sector : Consumer goods and services


Set up in 2001 and taken over by Stéphane Delahaye in 2011, Piz’wich is a manufacturer of white-label frozen savoury snack products targeting hypermarkets and supermarkets, hard discounters, airline catering and food services. The company, which is located at Bulgnéville near Nancy and managed by Stéphane Delahaye, generated sales of almost €14 million in 2016 and has entered into strategic partnerships with mainly international retailers.

Buyout
Investment date : 08/12/2016
Country : Germany
Sector : Industrials
Website : http://www.weber-automotive.com/

Weber Automotive, founded by Albert Weber in 1969, today is a technological leader of the global vehicle supply industry. The Company is managed by Daniel Weber (CEO) and Christian Weber (COO), the two sons of Albert Weber, as well as Sven Hattwig (CFO). Weber produces drive components for passenger cars, heavy trucks and powersport vehicles. The focus lies on the processing of complex engine and transmission components as well as the assembly of complete systems. Weber currently employs over 1,300 highly qualified and motivated employees in six production sites across Germany, Hungary and the USA.

Co-Investment
Investment date : 14/11/2016
Country : United States
Sector : Business services
Website : http://www.proampac.com/

ProAmpac is a provider of innovative flexible packaging solutions in North America, and uses state-of-the-art extrusion techniques, adhesive lamination and other techniques to craft its packaging products. It results from the merger in 2015 of three packaging companies. The group employs 2,400 employees, in 18 facilities, across 7 countries.

Buyout
Investment date : 03/11/2016
Sale Date : 03/11/2016
Country : France
Sector : Healthcare and life sciences
Website : http://www.hypred.com/

Founded in 1985, HYPRED has extensive industry expertise in the formulation, production and commercialization of biosecurity solutions, disinfection and hygiene for professionals in the food and agriculture industries. Hypred is now present in over 40 countries and has more than 400 employees worldwide. HYPRED benefits from an high quality industrial tool which gives the company the possibility to support its clients worldwide. Its proprietary production sites and partners are located in France, Spain, Italy, Germany, Poland, Argentina, Brazil, Colombia, Peru, Turkey, USA and South Africa.

Expansion
Investment date : 29/09/2016
Country : France
Sector : Healthcare and life sciences
Website : http://www.lagarrigue.com/

Lagarrigue is a leading manufacturer of orthopedic equipment in France. The Group has developed a unique model of disability support, based on:
• Specialization on both the design and manufacture of innovative major orthopedic equipment, such as prosthetics, orthotics, corsets and molded seats;
• Local proximity with patients thanks to its internal orthopedist team, which allows it to tailor its equipment and respond to its customers’ needs during its treatment;
• Integration of the latest technologies, both to improve manufacturing processes with Rodin 4, the software solution designed internally and to produce the best components and materials.
The Group has 33 agencies in France and employs more than 400 people. In 2016, the Group should achieve a turnover of more than €50 million.

Expansion
Investment date : 29/09/2016
Country : France
Sector : Business services
Website : http://www.diaminter.com/

DIAM Group is the world leader in point of sale merchandising solutions for major luxury, cosmetic and retail brands.
The Group provides POS and interior design services to brands and retailers, specializing in the following areas:
• Prestige: perfumes, cosmetics
• Non-cosmetic: parapharmaceuticals, wines and spirits, jewellery
• Large retail: consumer goods
• Installation service: point of sale installation, logistics and dedicated services.
The company has over 2,000 employees across 28 sites in 22 countries in Europe, America, Asia and North Africa. DIAM revenues in 2015 were over €200 million.

Infrastructure
Investment date : 19/09/2016
Country : Peru
Sector : Utilities
Website : www.solarpack.es

Ardian has acquired an 81% stake in a portfolio of four brownfield solar PV plants with a total installed capacity of 46MW in Chile and Peru. The transaction was sourced through the Spanish developer Solarpack, which will retain the remaining stake and operate the plants. Solarpack performs the operation and maintenance of the plants it develops, and manages own and third-party assets for a total of 230 MW. The deal also sees Ardian taking a minority stake in Solarpack and occupying a seat on its board of directors.

Co-Investment
Investment date : 18/08/2016
Country : United States
Sector : Technology, Media and Telecom
Website : http://www.evolveip.net/

Evolve IP provides cloud services to US mid-size companies (20-500 employees) and serves a large underpenetrated growing market. Services are sold through bundled monthly subscription solutions and include UCaaS: Unified Communication i.e. interface applicable to all media types that integrates all communication services under one solution; contact centers; cloud computing i.e. management of customers’ software and operating systems; and network security.

Co-Investment
Investment date : 08/08/2016
Country : United States
Sector : Business services
Website : http://www.evergreenes.com/

NAIS and Evergreen are two regional industrial cleaning companies, acquired simultaneously, to create a national industrial cleaning platform that offers a one stop shop solution to its customers with best-in-class service quality. The combined entity serves a wide range of end markets including refining, petrochemical, power generation, manufacturing, mining and waste-to-energy. It provides base cleaning services as well as specialty services.

Co-Investment
Investment date : 01/08/2016
Country : China
Sector : Healthcare and life sciences
Website : http://www.hzkangji.com/

Kangji Medical is a leading Chinese medical device and consumable manufacturer with focus in abdominal minimally invasive surgery. The company offers a comprehensive portfolio of reusable and disposable instruments for laparoscopy, thoracoscopy, gynecology, urology, gastroenterology and ENT specialties.

Buyout
Investment date : 28/07/2016
Country : Italy
Sector : Technology, Media and Telecom
Website : http://www.dedalus.eu/

Established in Florence in 1990, Dedalus Group is today leader in the clinical software sector in Italy, where it mainly works with the brands Dedalus and NoemaLife.In the past five years, it has acquired 40 companies worldwide, becoming one of the main players in Europe. It has 1,700 employees (of which over 600 abroad), in 50 offices in Italy and 25 Countries worldwide.

Growth
Investment date : 20/07/2016
Country : France
Sector : Technology, Media and Telecom
Website : http://www.jechange.fr/

Founded in 2006 under the chairmanship of Gaël Duval, JeChange.fr is the leading free and independent comparison service aiming to help private individuals and businesses reduce their bills. The number 1 comparison site for energy (gas and electricity) services and for telecoms (ADSL and mobile), JeChange.fr is also positioning itself as a front-rank player in insurance broking. In addition, it offers online banking and lending.

Expansion
Investment date : 12/07/2016
Country : France
Sector : Healthcare and life sciences
Website : http://www.ionisos.fr/

Ionisos is a specialist in ionising radiation sterilisation and was created through the 1993 merger of Conservatome and Amphytrion. Ionisos is the leading cold sterilisation service provider in France and Spain. It is the only group in France that provides all three cold sterilisation technologies: gamma radiation, beta radiation and ethylene oxide. The company employs about one hundred staff across its seven sites in France and Spain.

Buyout
Investment date : 06/07/2016
Country : United Kingdom
Sector : Healthcare and life sciences
Website : http://www.envisionpharmagroup.com/

Envision Pharma is an international, innovative global technology and scientific communication company serving pharmaceutical, biotechnology, and medical device companies. Envision currently provides service and product solutions to more than 75 client companies, including 18 of the top 20 pharmaceutical companies. Envision currently has ten offices, three in the United Kingdom, five in the United States, two in Asia Pacific, and employs around 450 team members.

Buyout
Investment date : 05/07/2016
Country : France
Sector : Business services
Website : http://www.trigo-group.com/

Founded in 1997, TRIGO is a multinational company providing quality management solutions for the manufacturing sector, particularly within the transportation industries. With annual revenues of +200 M€ and a team of more than 7,000 professionals present in 20 countries, TRIGO offers a comprehensive portfolio of Quality Management and Inspection Services to the leading international manufacturers of the automotive, aerospace and heavy transportation industries.

Co-Investment
Investment date : 28/06/2016
Country : United States
Sector : Healthcare and life sciences
Website : https://www.mirion.com/

Mirion-Canberra group is a global provider of radiation detection, measurement, analysis and monitoring products to the nuclear, home security & defence, and medical markets. The group derives most of its revenues from segments where it holds global #1 market positions: radiation monitoring systems, radiochemistry and health physics. It operates 18 industrial sites and employs ~ 2,000 people.

Co-Investment
Investment date : 21/06/2016
Country : France
Sector : Industrials
Website : http://www.novacap.eu/

Novacap is a producer of essential chemicals for use in everyday products. The group is structured across 3 divisions: Pharmaceutical & Cosmetics, Performance Chemicals and Mineral Specialties. Novacap is an industry leader across a wide range of products including aspirin, paracetamol, salicylic acid, para-aminophenol, soda ash, sodium bicarbonate, phenol and oxygenated solvents. It targets a set of five resilient and diversified end-markets including pharma & healthcare, food & feed, cosmetics, flavors & fragrances, home care and environment. Novacap serves 750 customers from 14 industrial sites located in Europe and Asia, and employs ~1,600 people.

Growth
Investment date : 14/04/2016
Country : France
Sector : Technology, Media and Telecom
Website : http://tabmo.io/

Founded in 2013, by Renaud Biet and Hakim Metmer, TabMo is a leading company for mobile programmatic advertising. We define ourselves as new generation mobile programmatic technology for agencies and advertisers, enabling them to access premium publishers inventory, and leverage mobile audience data, on a worldwide scale. Based in Paris, TabMo employs currently 50 people. The company has offices in London, Cologne, and has established its R&D center in Montpellier, South of France.

Co-Investment
Investment date : 21/03/2016
Country : Netherlands
Sector : Consumer goods and services
Website : https://www.leaseplan.com/

Leaseplan is a vehicle leasing and fleet management company, headquartered in Amsterdam, in the Netherlands. Leaseplan operates in 32 countries and manages a fleet of over 1.55 million vehicles representing a total asset value of €21.4bn.

Co-Investment
Investment date : 15/03/2016
Country : United States
Sector : Healthcare and life sciences
Website : https://www.exactcarepharmacy.com/

ExactCare is a provider of medical management and the home delivery of drugs. ExactCare is based in Cleveland (US) and serves around 17,000 patients mainly in the Midwest and New Jersey.

Co-Investment
Investment date : 29/02/2016
Country : United States
Sector : Technology, Media and Telecom
Website : http://www.w2ogroup.com/

W2O is a marketing communications company that provides public relations, social media analytics and media engagement services for around 320 clients. Headquartered in San Francisco (US), W2O operates 12 offices throughout the US and Europe, and employs approximately 430 people.

Buyout
Investment date : 29/02/2016
Country : Germany
Sector : Technology, Media and Telecom
Website : http://www.dbaudio.com/

Founded in 1981 by Jürgen Daubert and Rolf Belz and based in Backnang, Germany, d&b is one of the world’s leading producers of high-quality speakers, amplifiers and related components. Since its founding, d&b has evolved from a garage start-up to one of the leading providers of professional audio systems worldwide. d&b systems are used as reliable tools for long-term use at production and distribution companies from the event and multimedia genre, at festivals and concerts, at musicals, concert halls, theaters and opera houses, in radio and television products – from the tiniest conference rooms to the largest stadiums. Over the last three decades, d&b has acquired the status of a global premium brand in professional audio technology environment.

Co-Investment
Investment date : 19/02/2016
Country : United States
Sector : Consumer goods and services
Website : http://www.fleetfarm.com/

Mills Fleet Farm is a family owned retailer focused on outdoor and DIY activities (farm, sports, pets, auto and more). Mills operates in the US Midwest and has 35 stores in Minnesota, Wisconsin, Iowa and North Dakota.

Expansion
Investment date : 17/02/2016
Country : Germany
Sector : Technology, Media and Telecom
Website : http://www.gantner.com/

Founded in 1982 and headquartered in Schruns, Austria, GANTNER is a leading international manufacturer of contactless RFID and NFC access control and staff time recording systems facilitating automatic identification. GANTNER solutions can be found in leisure facilities such as fitness clubs, water parks, public pools and spas, as well as in commercial and public buildings. GANTNER provides integrated overall solutions for membership and visitor management and cashless payments, as well as for high security access control (doors, cabinets and lockers) and staff time recording systems.

Expansion
Investment date : 11/02/2016
Country : Italy
Sector : Business services
Website : http://www.f2a.biz/

F2A is the leader in the outsourced services and sole Italian player able to offer the “Right Formula for your Business”, the integrated mix of specialized services and multi-disciplinary activities, granting a professional assistance to its blue chip customers. As of today, F2A can count about 1500 customers, a turnover of €50 million, eight offices in Italy and 650 professionals. Under an integrated management perspective, F2A offers outsourcing and consultancy services in different corporate areas like HR management and Finance and Administration.

Infrastructure
Investment date : 05/02/2016
Country : Portugal
Sector : Transport
Website : http://ascendi.pt/

In January 2017, Ardian acquired Ascendi Group’s 50% stake in Ascendi PT II. This joint venture was formed in June 2015 as a partnership between Ardian and Ascendi, and owns and operates five motorways in North Portugal and the Lisbon area. With this transaction, Ardian has taken full control of the five jointly held assets, as well as two additional toll roads from Ascendi. Ardian originally acquired a 50% stake in Ascendi PT II in February 2016. Ascendi Group is the result of a partnership in the road sector stretching back almost two decades between Mota-Engil and Grupo Novo Banco, with over 3,000km under management in Europe, Latin America and Africa.

Buyout
Investment date : 01/02/2016
Country : France
Sector : Consumer goods and services
Website : http://www.solina-group.eu/

Solina Group is a major player in the global food ingredients market. With 11 production facilities, multiple R&D centres and local sales offices, Solina‘s services feature personalized ingredient solutions for the Food Industry in the area of fish, meat, nutrition, ready meals and snacks. Solina is also a major player in the professional (butchers) and Food Service markets. Headquartered in France, the company has around 1000 employees and locations in 17 countries. The Group’s net Sales are over 315 million euros in 2015, across 75 countries.

Private Debt
Investment date : 28/01/2016
Country : Germany
Sector : Business services
Website : https://www.pi-ag.com/

Founded in 1968 and majority owned by HgCapital, P&I is a leading provider and developer of critical and innovative HR software solutions, serving a range of private mid-cap and public sector clients in German-speaking Europe. Services include Payroll, Core HR, Time Management and Attendance, Human Capital Management and HR Analytics.

Exited participation

Growth
Investment date : 14/01/2016
Sale Date : 02/10/2017
Country : France
Sector : Technology, Media and Telecom
Website : http://www.timeonegroup.com/


Created in 2016, TimeOne is a marketing services group formed from two online marketing specialists, Public-Idées and Place des Leads. The group’s core offering is to provide content and data solutions. With a well-established reputation in prescriptive marketing and a common technological base (DMP), TimeOne is founded on innovation and realized through research and development. TimeOne offers a comprehensive range of online marketing solutions: Programmatic, Native, Performance, digital Marketplace, Publishing and Mobile. The company has a presence in France, in the United-Kingdom, in Spain, Italy, South Africa, Asia and South America.

Infrastructure
Investment date : 01/01/2016
Country : Norway
Sector : Energy

Ardian and Finnmark Kraft AS, the Norwegian renewable energy company, created a joint venture to build and operate a 51.8MW wind farm in Northern Norway.
A 70MW extension has already been approved, subject to approval from the grid operator. Ardian holds a 49% and Finnmark a 51% stake in the JV.
This greenfield project is set to be producing energy by Q4 2017, at an expected production of 186.2GWh. This corresponds to the annual consumption of 62,000 households and will allow for a reduction in CO² emissions of 128,000 tons/year.

Infrastructure
Investment date : 23/12/2015
Country : France
Sector : Energy
Website : http://www.geosel.fr/

Géosel owns the Manosque underground storage facility in southeastern France and pipelines linking the facility to the oil ports in Fos and Lavéra, also in the same region. With a capacity of close to 9 million cubic meters, Géosel’s underground liquid hydrocarbon storage facility is one of the largest of its kind in Europe. It represents about 20% of France’s total hydrocarbon storage capacity and is primarily used to store around 40% of the country’s strategic reserves.
Total owns a 53.4% interest in the company, alongside Basell Polyolefines France (26.7%) and Petroineos Manufacturing France (19.9%).

Co-Investment
Investment date : 01/12/2015
Country : France
Sector : Consumer goods and services
Website : http://www.solina-group.eu/

Solina Group is a major player in the global food ingredients market. With 11 production facilities, multiple R&D centres and local sales offices, Solina‘s services feature personalized ingredient solutions for the Food Industry in the area of fish, meat, nutrition, ready meals and snacks. Solina is also a major player in the professional (butchers) and Food Service markets. Headquartered in France, the company has around 1000 employees and locations in 17 countries. The Group’s net Sales are over 315 million euros in 2015, across 75 countries.

Co-Investment
Investment date : 01/11/2015
Country : United Kingdom
Sector : Business services
Website : http://www.innovation-group.com/

Headquartered in the UK, Innovation Group is a global provider of Business Process Outsourcing Services (“BPO”) and claims management software solutions primarily to the property / motor insurance and fleet industries. Its core capabilities include case management (i.e. running call centers to handle claims, validate the claims) and management of the repair supply chain (build a network of suppliers, negotiate rebates, track the repair process etc.).
IG operates in the UK, Germany, France, US, South Africa and Australia and employs ~3,000 people.

Private Debt
Investment date : 26/10/2015
Country : United Kingdom
Sector : Business services
Website : http://www.jla.com/

Founded in 1973 in the UK and majority owned by HgCapital, JLA is the leading provider of contracted commercial laundry and catering equipment rental solutions and support services mainly to UK SMEs, including Care Homes, Social Housing and Student Accommodations. The Company is critical to the operations of its 13,800 customers and has an installed base of over 45,000 units.

Private Debt
Investment date : 07/09/2015
Country : France
Sector : Healthcare and life sciences
Website : http://www.cenexi.com/

Cenexi, created in 2004 on the industrial site of Fontenay-sous-Bois (in the larger Paris region, France), is a European leader in pharmaceutical contract manufacturing (CDMO – Contract Development Manufacturing Organization). With three production sites located across France and Belgium, the Cenexi group (employing around a thousand people) provides a large range of pharmaceutical technologies, including injectable ampoules, tablets, liquids, as well as more specific, value-added products, including sterile oncologic products (freeze-dried and liquid vials, prefilled syringes) as well as solid forms of hormonal and anti-allergy products. Cenexi today exports over 75% of its production in over 150 countries across the world, for overall revenues of 130 million Euros. Supporting this international dimension, each of its industrial sites is accredited by the strictest health authorities in the world (FDA in the USA, Japan, Europe, Brazil, Middle East, South Korea, China etc.).

Buyout
Investment date : 31/08/2015
Country : Austria
Sector : Industrials
Website : www.esim-chemicals.com

ESIM Chemicals is a leading global provider of high-quality agricultural and crop protection chemicals, intermediates and maleic anhydride tree chemicals. The company focuses on partnering with companies in the custom synthesis of their unique compounds and offers a portfolio of fine chemical products critical to multiple industries. ESIM Chemicals is a growing enterprise headquartered in Linz (Austria) with approximately 400 employees. The company has more than 75 years of experience in transforming innovative ideas into scalable supplies of advanced fine chemical products and intermediates using state of the art facilities in Linz.

Exited participation

Buyout
Investment date : 22/07/2015
Sale Date : 26/08/2017
Country : Italy
Sector : Industrials
Website : http://www.irca.eu/


Founded in 1919 by Nobili family, IRCA is a leading Italian and European B2B manufacturer of semi-finished products for the pastry, bakery and horeca market thanks to a portfolio products composed by more than 700 SKUs offered to industrial clients, internal bakeries of hypermarkets and pastry and bakery shops. The range of IRCA's products includes any kind of basic ingredients, from powder products to chocolate through creams and jams. In 2014, IRCA entered into the ice-cream ingredient market through the brand Joy Gelato developing more than 200 references.
The Group operates with three state of the art production sites located close to Varese (Lombardy) with about 250 employees recording a turnover of more than €200 million.

Private Debt
Investment date : 07/07/2015
Country : United Kingdom
Sector : Technology, Media and Telecom
Website : http://www.6dg.co.uk/

Founded in 2011 and with around 400 employees, Six Degrees Group is a leading independent converged technology infrastructure provider that is transforming managed IT and data services to small and medium sized companies in the UK. Six Degrees Group has invested in its own data centres, cloud platforms, next generation data network and voice switching capability, and leverages these core assets to develop, manage and support its unique portfolio of solutions. The company is committed to delivering exceptional customer service and has recently achieved the prestigious ‘Silver Investors In People’ accreditation

Expansion
Investment date : 30/06/2015
Country : Italy
Sector : Industrials
Website : http://www.algo.it/

AMP Group has been created in 2012, through the acquisition of Algo Group (active since 1978) and Miraglio (active since 1955).
AMP Group is the market leader in Western Europe for engineering, manufacturing and marketing windows regulators, with handles & locks as a complementary business. Its products are primarily dedicated to the automotive Independent After Market, mainly through the independent distribution channel and several proprietary and customer brands, following a "private label" approach, and secondarily to small-medium volume Original Equipment productions.
AMP Group is active in the market with four proprietary brands, Electric Life, Liftek, PMM and Miraglio, and its very wide product range covers more than 95% of the circulating car fleet at the European level.

Exited participation

Growth
Investment date : 22/06/2015
Sale Date : 26/04/2018
Country : France
Sector : Consumer goods and services
Website : http://www.bricoprive.com/


Founded in October 2012 in Toulouse (France), Bricoprivé.com is the leading website for the flash sales of discounted DIY, gardening and home improvement products.
A major player of the e-commerce in the DIY sector in France, Bricoprivé organizes, for its 1.7 million members, private sales of the main brands of the sector around 6 product ranges: DIY, gardening, home, clothing, car/motorcycle and multimedia.
Bricoprivé sets up 6 to 7 private sales per day. The website is also a great communication platform for brands with a community of targeted members.

Expansion
Investment date : 15/06/2015
Country : Germany
Sector : Consumer goods and services
Website : http://chal-tec.com/

Since its foundation in 2005, Chal-Tec combines product innovation with online-branding expertise to create a broad product portfolio for the modern lifestyle. From its headquarters in Berlin, the owner-managed e-commerce company operates product development, brand building and online distribution in 18 European countries. Together with his team of 300 employees, CEO Peter Chaljawski is currently developing 12 own brands in the Home & Living, Consumer Electronics and Sound & Light sectors. Chal-Tec covers the entire value chain from product development to online distribution, however, except for production which is supplied by third party manufacturers and coordinated through the company’s Hong Kong office. In fiscal year 2014, the company generated a turnover of around €70 million.

Growth
Investment date : 10/06/2015
Country : France
Sector : Technology, Media and Telecom
Website : http://www.hr-path.com/

Founded in 2001 by François Boulet and Cyril Courtin, HR Path helps clients define and operate their HRIS (Human Resources Information System) strategy. The Group offers a full range of services across five continents, from system selection and integration, to maintenance and outsourcing. The Group has more than 400 employees and 800 clients in France and abroad.

Co-Investment
Investment date : 01/06/2015
Country : United States
Sector : Healthcare and life sciences
Website : http://www.communitymedicalgroup.com/

Headquartered in Miami, CMG is the largest independent primary care physician services provider in South Florida. It operates 12 primary care centers in Miami-Dade County which serve approximately 70% of the 670,000 Medicaid county eligible population; and 8 access centers where families (low income population) can apply for social services (including Medicaid eligibility, food assistance program, temporary cash assistance etc.). CMG also provides care to patient enrolled in Medicare and Commercial Programs.

Infrastructure
Investment date : 29/05/2015
Country : Spain
Sector : Transport
Website : http://www.tunelsbarcelonacadi.cat/

Tunels Barcelona Cadi comprises two assets under a sole concession agreement with the Catalonian Regional Government until 2037:
- Tunel de Vallvidrera and access roads (11.5km) opened in 1991. This is a key commuter route linking Barcelona city to San Cugat and the Vallés Occidental region.
- Tunel del Cadi and access roads (28.5km) opened in 1984. This is the main connection point linking Barcelona and holiday/skiing destinations in the Pyrenees.

Growth
Investment date : 12/05/2015
Country : France
Sector : Technology, Media and Telecom
Website : www.ariane.com

Ariane Systems is the world’s leading provider of self-check-in / check-out technology solutions for the hospitality industry. Founded in 2001 by Michel Lavandier and Laurent Cardot, Ariane now has more than 2,500 installations running at hotel properties in over 20 countries. Numerous leading hotel chains utilize Ariane’s electronic kiosk, mobile and web solutions to streamline the check-in/out process. With corporate headquarters based in Paris, France, Ariane Systems maintains regional offices in North America, UK, Germany, Spain, Benelux, Scandinavia, and the Middle East.

Buyout
Investment date : 06/05/2015
Country : France
Sector : Business services
Website : http://www.s2hgroup.com/

SIACI SAINT HONORE, one of the leading providers of brokerage and consulting services in the French insurance market, supports large and mid-cap companies in the overall management of their property and personal insurance risks in France and around the world. The Group designs and develops customized solutions for its corporate clients in Property & Casualty, Marine, Employee Benefits, Retirement, HR Strategy & Total Rewards and International Mobility. The firm has currently almost 1,500 employees worldwide and provides coverage to 1.2 million individuals in France and around the world, with a reported turnover in 2013 of €244m.

Co-Investment
Investment date : 30/04/2015
Country : United States
Sector : Technology, Media and Telecom
Website : http://www.iccnexergy.com/

On April 2015, ICCNexergy, Inc. merged with Palladium Energy, one of its main competitors, to become the US largest independent designer and manufacturer of custom rechargeable power systems (including Lithium-ion battery packs, battery chargers, docking stations, and highly efficient power supplies), with engineering expertise across all industry end-markets (including a full suite of in-house design, tooling, and test capabilities to manage complex programs from design through production). Its partners include major OEMs in the commercial, industrial, medical and military markets. The newly created group, headquartered in Chicago (Illinois), has a global low-cost manufacturing scale (China, Malaysia, Brazil, Mexico, US) to address customers’ international needs. The Group employs 3,000 people across 11 locations.

Co-Investment
Investment date : 24/04/2015
Country : United States
Sector : Healthcare and life sciences

Headquartered in Lewisville, Texas, Air Medical Group Holdings is a leading provider of air medical services, operating through subsidiaries which collaborate with leading hospital systems, medical centers and EMS agencies to offer access to emergency medical care. Air Medical operates at 231 base locations across 34 states and provides global repatriation medical transports worldwide. The Group has more than 4,900 employees, mainly pilots, nurses and mechanics.

Expansion
Investment date : 09/04/2015
Country : France
Sector : Industrials
Website : http://groupe-serma-technologies.com/

SERMA Group offers an independent, international one-stop-shop for services in electronics. Specialized in electronic technologies for high stress environment, the group has developed since 1991 around its culture of technical excellence and its in-house network of experts. Throughout the electronics life cycle, SERMA GROUP provides global offers around 4 major themes: Technologies and process, Systems security, Embedded systems engineering, and Microelectronics. 730 engineers and technicians are the strength of the Group, operating with 11 industrial sites in France and Germany to serve its clients in aeronautics, automotive and transport, industry, space, energy and medical sectors.

Co-Investment
Investment date : 11/03/2015
Country : United States
Sector : Consumer goods and services
Website : http://www.petsmart.com/

Founded in 1987 and headquartered in Phoenix, PetSmart is a specialty retailer, and is the leading provider of pet products and services in North America. PetSmart operates more than 1,400 stores in the US and Canada and employs 53,000 people. PetSmart’s main offering is merchandise comprising consumables such as dog/cat food, treats and litter, hard goods such as toys, collars and leashes and the sale of small pets, fishes, and reptiles. PetSmart also offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store. Expert veterinarian care is also available in more than 60 percent of PetSmart stores, where Banfield Pet Hospital®, operates full-service pet hospitals.

Co-Investment
Investment date : 10/03/2015
Country : Switzerland
Sector : Consumer goods and services
Website : http://www.sig.biz/

SIG is the #2 global manufacturer of aseptic carton packaging systems. SIG provides beverage and food producers with a comprehensive product portfolio of aseptic carton sleeves and closures, as well as with the filling machines. This packaging allows liquid and food products to maintain extended shelf life of up to 12 months at ambient temperature.
The company is headquartered in Neuhausen, Switzerland, and employs 5,200 people across 40 countries. SIG operates production facilities in Austria, Brazil, China, Germany, Saudi Arabia and Thailand.

Infrastructure
Investment date : 06/02/2015
Country : Italy
Sector : Transport

2i Aeroporti is the holding company of F2i First Fund which owns 35.7% of SEA S.p.A. (Milan Malpensa and Linate Airports), 70% of GESAC S.p.A. (Naples Airport) and 54.5% of SAGAT S.p.A. (Turin Airport). These companies individually hold indirect stakes in SACBO S.p.A. (Bergamo Airport) and SAB S.p.A. (Bologna Airport). Secondo Fondo F2i, F2i’s second fund, also holds a 8.6% stake in SEA S.p.A.

Growth
Investment date : 22/01/2015
Country : France
Sector : Technology, Media and Telecom
Website : http://en.clever-age.com/

Clever Age is a digital expert in interactive communication, technical architecture and production infrastructure. It helps its clients identify and set up their digital and mobile strategy. With four offices in France and a presence in Switzerland and Hong Kong, its clients are SMEs and large organizations.

Growth
Investment date : 22/12/2014
Country : France
Sector : Business services
Website : http://www.saaswedo.com/

Founded in 2010, Saaswedo develops software solutions for telecom operators and companies (SMEs and large groups) to analyze, optimize and rationalize all telecom expenses. Saaswedo's solutions are diffused in an indirect manner with today about twenty partners around Europe and the United States, among which are the largest telecom carriers.

Infrastructure
Investment date : 18/12/2014
Country : France
Sector : Energy
Website : http://www.ecodd.com/

Founded in 2002, Delta Solar is very active in the development of solar projects and manages nine photovoltaic farms (including the site of Les Mées in the French Alps, one of the largest farms in France). With a capacity of about 70MW, Delta Solar is ranked amongst the top five solar operators in France. Created in 2012, the Eco Delta Operation & Maintenance structure specializes in the operation and maintenance of the group’s power plants.

Exited participation

Private Debt
Investment date : 04/12/2014
Sale Date : 09/12/2016
Country : France
Sector : Healthcare and life sciences
Website : http://www.imv-technologies.com


IMV manufactures, distributes and trades consumables and equipments aimed at conducting artificial insemination and at storing bio-samples for both animals (mainly bovine and swine) and humans. In 2010, IMV sells its products in 120 countries (main markets are Western Europe, North America, Brazil, India and China).

Co-Investment
Investment date : 01/09/2014
Country : China
Sector : Consumer goods and services

Founded in 2007, Guo Cui is one of the largest potted plant (foliage plants and fresh flowers) production, sales and trading companies in China. Guo Cui has 3 main business streams: B2B wholesale, B2C retail and trading center which provides both logistics and warehousing services to clients.

Expansion
Investment date : 28/08/2014
Country : Germany
Sector : Consumer goods and services
Website : http://www.ada-cosmetics.com/

ADA Cosmetics manufactures and sells high quality personal care products such as shampoo, body lotion and soap for the hotel industry. Products are sold under ADA Cosmetics’ own Naturals, Pure Herbs and Hydro Basics brands. The product range also includes hotel cosmetics products from leading international brands including Chopard, Bulgari and Trussardi. Ardian will help ADA to strengthen its position in the wider European and Asian markets.

Exited participation

Co-Investment
Investment date : 11/08/2014
Sale Date : 27/11/2017
Country : United States
Sector : Business services
Website : http://www.efsllc.com/


EFS is one of the major US fleet card provider to Over-The-Road (“OTR”) trucking companies which operates heavy trucks fleets with focus on the long-haul and inter-state US routes). EFS equips drivers with payment cards to purchase in its network of 11,000 fuel stations and giving them rebates. EFS customizes cards to clients’ fuel cost control needs and provides intelligence reporting on fleet activity. EFS has replicated its expertise to penetrate employees’ corporate payment cards wide market with value-added data processing services and spending control functionalities.

Expansion
Investment date : 31/07/2014
Country : France
Sector : Construction and building materials
Website : http://www.spiebatignolles.fr/

Spie batignolles is one of the leading unlisted players in the French construction market. The Group has five divisions: construction, civil engineering, energy, public works, property development and concessions. Operating from 160 locations across France with 7,000 employees, the Group achieved a turnover of more than €2.1 billion in 2013.

Exited participation

Expansion
Investment date : 30/07/2014
Sale Date : 05/03/2018
Country : France
Sector : Healthcare and life sciences
Website : http://www.laboratoiresbio7.fr/


The Bio 7 group is the leading operator of routine clinical pathology laboratories in Essonne, Seine et Marne and Yvelines, which are departments located in the French Île-de-France region. The Group operates 56 point-of-care laboratories and three high-performance technical platforms. In 2014, the Bio 7 group expects net revenues in excess of €55 million, a sharp increase on 2013. More than 95% of the Group’s revenues are derived from routine clinical pathology.

Buyout
Investment date : 24/07/2014
Country : Italy
Sector : Industrials
Website : http://www.italmatch.it/

Italmatch Chemicals is a leader in the production of lubricant oil additives, detergents, water treatments, oil & gas, plastics and phosphorus derivatives. Italmatch Chemicals is expanding in other high growth sectors such as flame retardant additives and personal care. Italmatch’s clients are the major multinationals in the chemical, petrochemical, detergents and oil & gas industry. The company has 400 employees.

Co-Investment
Investment date : 03/07/2014
Country : United States
Sector : Industrials
Website : http://www.gates.com/

Headquartered in Denver, Colorado, Gates is the world’s leading manufacturer of belts and one of the leading manufacturers of hoses. The company has 14,000 employees and sells in 120 countries a broad product offer of more than 580k references, which are sold to clients in the automotive and industrial end-markets. More than 50% of the revenues are generated on the more resilient and high-margin replacement markets.

Buyout
Investment date : 01/07/2014
Country : Germany
Sector : Consumer goods and services
Website : http://www.schleich-s.com/

Founded 77 years ago by Friedrich Schleich in Schwäbisch Gmünd, the company is one of the largest toy manufacturers in Germany and a leading international provider of original play worlds. The famous figurines from Schleich are sold in more than 50 countries and have conquered children’s bedrooms the world over. Ardian will support Schleich in its new strategy of increasingly expanding into play worlds as well as further penetrating both international markets and new distribution channels,

Exited participation

Expansion
Investment date : 30/06/2014
Sale Date : 22/12/2017
Country : Italy
Sector : Business services
Website : http://www.rgigroup.com/


Founded in 1987, RGI Group specializes in software development for insurance companies, covering the entire spectrum of insurance policy management through the provision of software and advisory
services. The Group has a leading position in the Italian market and its solutions and technological services are used by some of the world’s most prominent insurance companies. Ardian will give a further acceleration to the Group’s development abroad.

Private Debt
Investment date : 16/06/2014
Country : France
Sector : Healthcare and life sciences
Website : http://www.ceva.com

Ceva is a veterinary pharmaceutical laboratory which encompasses all the aspects of the animal health business, from development of the products all the way to their sale in most countries worldwide. Ceva gathers a significant expertise in different therapeutic sectors. The group is specialized in all the animal production chain: industrial (poultry, swine), traditional (ruminants) but also pets and horses.

Growth
Investment date : 28/05/2014
Country : France
Sector : Technology, Media and Telecom
Website : http://www.neotys.fr/

Founded in 2005 by Thibaut Bussière and his three associates, Neotys designs and markets NeoLoad, a software that tests the performance capabilities of web & mobile applications during high amounts of digital traffic. This testing software simulates internet and mobile traffic and analyzes the access and response times of applications and infrastructure. With more than 1,500 clients across 62 countries, the company has become a major player in this field to both large and small companies

Growth
Investment date : 26/05/2014
Country : France
Sector : Technology, Media and Telecom
Website : http://www.ikoula.com/

Founded in 1998, Ikoula specialises in web and cloud hosting solutions. Thanks to its data center in France, the company has been able to adapt its infrastructure and its offer in response to rapid recent advances in technology. Ikoula serves more than 6,000 clients, ranging from small to large companies, across three business lines. Ardian’s support will allow Ikoula to consider further European growth opportunities, as well as supporting ongoing strategy of continued innovation and service improvement.

Co-Investment
Investment date : 06/05/2014
Country : France
Sector : Consumer goods and services
Website : http://www.newrest.eu

Headquartered in Toulouse, France, Newrest is a leading diversified catering group active in five segments: inflight catering for airline companies, rail catering, remote sites for the oil and gas and mining industry, contract catering and concessions, mostly in airports. The company has more than 25,000 employees and is present in 49 countries.

Co-Investment
Investment date : 01/05/2014
Country : China
Sector : Business services
Website : http://www.glprop.com/

Founded in 2007, GLP is one of the largest providers of modern logistics properties and services in China, Japan, Brazil and USA. GLP designs, builds, and manages over 800 logistics facilities in 80 cities across China, Japan and Brazil. GLP’s customers are manufacturers, retailers, third party logistics companies, and e-commerce companies that cater to domestic consumption. GLP is listed on the Singapore exchange since October 2010.

Private Debt
Investment date : 30/04/2014
Country : United Kingdom
Sector : Consumer goods and services
Website : http://www.eat.co.uk/

Founded in 1996, EAT. is a leading business in the £3 billion specialist food and coffee “to go” market. With 113 stores across the UK, EAT. has a wide menu of soups, salads, toasties, sandwiches, baked goods and coffee, all freshly prepared by EAT. each day and served fresh to order.

Co-Investment
Investment date : 16/04/2014
Country : United States
Sector : Business services
Website : http://www.ecisolutions.com/

ECi was founded in 1999, and is based in the U.S. ECi Software Solutions is a business management and e-commerce software publisher, primarily serving small and medium sized businesses in the office products and furniture, construction supplies, hardware, sanitation, manufacturing, and distribution industries.

Infrastructure
Investment date : 10/04/2014
Country : France
Sector : Utilities
Website : http://www.parkindigo.com/

Indigo manages almost 1.8 million parking spaces and associated services in 14 countries. Ardian, Crédit Agricole Assurances and VINCI plan to continue to support VINCI Park's growth, working with current management. The move is aimed at increasing the company's presence in high-growth markets such as North America, Latin America and Asia, while maintaining its leadership positions in France and other European countries.

Co-Investment
Investment date : 26/03/2014
Country : United States
Sector : Consumer goods and services
Website : https://www.multiplan.com/

MultiPlan is the industry’s most comprehensive provider of healthcare cost management solutions in the U.S. With a network of over one million healthcare providers with extensive proprietary analytics, Multiplan generates over $11 billion in medial cost savings on about 40 million claims annually, acting as an intermediary on behalf of those paying for healthcare. In exchange, healthcare providers benefit from directed patient flow and a single point of payment.

Exited participation

Expansion
Investment date : 19/02/2014
Sale Date : 01/11/2015
Country : France
Sector : Technology, Media and Telecom
Website : http://www.micropross.com/


Founded in 1979 in Lille, France, Micropross supplies products and solutions for the smartcard industry. The company produces products that meet the highest standards of global security and interoperability.
Ardian’s investment will allow the company to accelerate its growth strategy, with a particular focus on contactless smart card payment solutions (such as NFC) and consolidate its position in the US and in Asia.

Buyout
Investment date : 28/01/2014
Country : Belgium
Sector : Transport
Website : http://www.nhv.be/

Noordzee Helikopters Vlaanderen, NHV Group, based in Oostende, Belgium, is specialized in B-to-B aviation services and operates 15 helicopters bases on 3 continents with a staff of more than 360 people. NHV provides services to amongst others the Oil & Gas Industry, Harbor Pilots, Wind Farm Operators, Governments and Hospitals. International build up acquisitions will form the heart of the company’s growth strategy, which will be supported by ongoing investment, notably in the extension and the constant rejuvenation of the fleet.

Expansion
Investment date : 20/12/2013
Country : France
Sector : Aerospace and defense
Website : http://www.cls.fr/

CLS, a subsidiary of CNES (French Space Agency), Ifremer (French Research Institute for exploration of the sea) and several French financial institutions, offers satellite services in location, environmental data collection, ocean observations, earth location and monitoring, to a broad range of sectors including: government, industry and the scientific community. Ardian will work alongside CLS to strengthen the resources of the group and continue its internal and external expansion.

Co-Investment
Investment date : 04/12/2013
Country : Switzerland
Sector : Healthcare and life sciences
Website : http://www.acino-pharma.com/

Acino is a Swiss-based pharmaceutical company, develops, manufactures and internationally markets well-proven and innovative pharmaceuticals in novel drug delivery forms. Ardian alongside Nordic Capital and Avista Capital will support the Group to leverage on the existing emerging markets platform to develop the B2C business through organic and external growth.

Exited participation

Buyout
Investment date : 02/12/2013
Sale Date : 01/02/2017
Country : France
Sector : Healthcare and life sciences
Website : http://www.anios.com/


Laboratoires Anios is present in more than 80 countries with different business units addressing notably the healthcare segment, through hospitals, clinics, and healthcare professionals. Laboratoires Anios is also present in food-processing, cosmetics, and pharmaceutics industries, as well as in the communities linked to accommodation and catering. International build up acquisitions will form the heart of the company’s growth strategy, which will be supported by ongoing investment, notably in R&D.

Expansion
Investment date : 01/12/2013
Country : France
Sector : Healthcare and life sciences
Website : http://www.synerlab.com

Synerlab is one of the leading French Contract Manufacturing Organisations of generic and ethical pharmaceutical products (i.e. patent protected and prescription sales) supplying laboratories. Synerlab focuses on dry pharmaceutical forms including capsules, tablets, powders, granules etc and liquid forms such as syrups and mixtures. Ardian agreed in November 2013 to sell its shares in Synerlab to a European private equity investor, and to Synerlab's management. Ardian also reinvested in the new LBO in December 2013 to support Synerlab in the next stage of its development in Europe.

Private Debt
Investment date : 07/11/2013
Country : France
Sector : Consumer goods and services
Website : www.mademoiselledesserts.com

The group offers the widest range of cake products on the market and covers almost 80% of the traditional pastry offer in France: pastry cases made from puff, sweetened or shortcrust pastry, sponge sheets, custard tarts, tarts, mini-tarts, charlottes, desserts, choux pastry… amounting to 1,750 different products, essentially under retailers’ brands (private labels). Our clients include prominent supermarket chains, key players in the French catering sector. We have also clearly identified the growth potential in the international markets and export sales are increasing. The group employs nearly 1,000 people and has 6 production sites, of which four are in France and two in England.

Exited participation

Buyout
Investment date : 17/07/2013
Sale Date : 30/03/2018
Country : France
Sector : Business services
Website : http://www.trescal.com


Represented in 16 countries, Trescal is an international specialist in calibration which provides a broad range of services for the test and measuring equipment market. Supplementing the standard technical services (verification, calibration and repair of T&M instruments), Trescal offers its expertise for the implementation and acquisition of measurement systems, customized equipment pool management software solutions, metrology and technical support, and training. The aim is to assist and support Trescal in its ambitious buy-and-build strategy and therefore accelerate its diversification into complementary geographies and markets.

Private Debt
Investment date : 01/07/2013
Country : France
Sector : Construction and building materials
Website : http://flexitallic.com/

The Flexitallic Group is stem from several known actors of the sealing industry: Flexitallic, Siem, Novus, Induseal et Sealox. The group takes part in the improvement of the industrial process and safety of operations in diverse sectors such as oil production, oil refining, petrochemical and energy.

Exited participation

Growth
Investment date : 30/05/2013
Sale Date : 08/06/2017
Country : France
Sector : Technology, Media and Telecom
Website : http://www.clipindustrie.com/


Clip Industrie publishes and distributes software solutions for ERP and computer-aided management systems for SMEs. The heart of our business is the management of industrial production. "We meticulously collect enterprise data and restore them with the greatest possible intelligence to serve the strategy of our customers." Clipper is a verticalized business solution quickly exploitable. Helios ERP is more suited to more substantial SMEs, particularly in the aeronautical field (POTEZ, HALGAND, WE ARE AEROSPACE, NEXTEAM GROUP...). The economic model of Clip Industrie is primarily based on his extensive knowledge of industrial organization and monitoring the daily use of its products. Its 1,850 clients are mainly located in France, Switzerland, Eastern Europe and North Africa in various sectors: aerospace, automotive, medical, rail, watchmaker, composite materials and new energies. The Clip industry solutions are designed for industrial companies, workshops or subsidiaries of large corporations (Michelin, Air Force, Eiffage, Koné...) and to numerous subcontractors of Airbus Group, Dassault and Safran.

Growth
Investment date : 01/04/2013
Country : France
Sector : Consumer goods and services
Website : http://fr.evolis.com/

Evolis is specialized in the design, manufacture and marketing of printers for graphic personalization and data encoding plastic cards (access control badges, credit cards, student cards, loyalty to subscription, transport, driving license, etc..).

Private Debt
Investment date : 04/03/2013
Country : France
Sector : Industrials
Website : http://www.group-iph.com/en/

Founded in 1987 and historically based in Lyon, IPH is a leading distributor of industrial supplies in Europe. The company is active in France, Germany, Belgium, the Netherlands and Romania with more than 3,200 employees. The Private Debt team has arranged a €220 million unitranche financing for the acquisition of IPH by PAI Partners from Investcorp. The deal represents the largest unitranche financing in Europe to date.

Infrastructure
Investment date : 09/02/2013
Country : United Kingdom
Sector : Transport
Website : http://www.london-luton.co.uk/fr/

London Luton Airport, is the UK’s fifth largest airport in terms of passengers. The airport handled 9.6 million passengers last year. Ardian has acquired London-Luton alongside AENA, the world’s largest airports operator with some 200 million passengers a year.
This investment with AENA is part of the Infrastructure fund diversification strategy which adds the airports sector to its portfolio.

Exited participation

Co-Investment
Investment date : 28/12/2012
Sale Date : 01/05/2016
Country : United States
Sector : Healthcare and life sciences
Website : http://www.atipt.com/


ATI is a leading US provider of outpatient rehabilitation therapy services, for episodic injuries, pre/post operative care, injured workers and sports injuries. In 2012, it manages more than 1 million annual patient visits through 2,000 physical therapists.

Exited participation

Buyout
Investment date : 05/11/2012
Sale Date : 08/11/2016
Country : Italy
Sector : Industrials
Website : http://www.bruniglass.com


Bruni Glass is a European leader in the field of special glass containers for spirits, food, pharmaceutical products and related accessories. Founded in 1974, Bruni Glass has a particular expertise in speciality products, often developed to meet a customer's specific requirements. Bruni’s target markets are Italy and all Western economies, with a particular focus on North America. The Group offers more than 3,000 products, which firmly establishes Bruni as a benchmark business for the industry. In 2011, the Group had a turnover of more than €108 million, with almost 60% of its sales abroad. Further, Bruni has grown by 16% in the last two years.

Exited participation

Buyout
Investment date : 05/11/2012
Sale Date : 23/12/2015
Country : Italy
Sector : Industrials
Website : http://www.limacorporate.com


Limacorporate is a global leader in the design, production and distribution of orthopaedic devices. Founded by the Lualdi family in 1945, the group has now 600 employers and three production facilities in Italy. In 2011 it had revenues of 117 million euros, 66% of which was generated in markets outside of Italy. The strategic growth plan for Limacorporate SpA is focused on the further international expansion of the Group and on the enlargement of its existing product portfolio.

Co-Investment
Investment date : 01/11/2012
Country : United States
Sector : Industrials
Website : http://www.acteon.com

Acteon is a global provider of engineering services and products to offshore oil operators and contractors in the subsea arena. In 2012, the Group operates 41 facilities in 17 countries and has nearly 2,000 employees. This investment, alongside KKR, will allow the company to extend its development in emerging markets, including Brazil and the West African coast, while pursuing external growth.

Co-Investment
Investment date : 01/11/2012
Country : China
Sector : Consumer goods and services
Website : http://www.cbanner.com.cn/

Founded in 1995, C.banner is the second largest retailer in the mid to premium women's footwear segment in China. C.banner designs, manufactures and retails 4 self-developed brands: C.banner, EBLAN, Sundance and Mio, as well as under licensed brands, via an extensive network of over 2,300 outlets across China. The Company was listed on Hong Kong Stock Exchange in September 2011.

Exited participation

Private Debt
Investment date : 19/10/2012
Country : France
Sector : Healthcare and life sciences
Website : http://www.ceva.com


Ceva is a veterinary pharmaceutical laboratory which encompasses all the aspects of the animal health business, from development of the products all the way to their sale in most countries worldwide. Ceva gathers a significant expertise in different therapeutic sectors. The group is specialized in all the animal production chain: industrial (poultry, swine), traditional (ruminants) but also pets and horses.

Buyout
Investment date : 17/10/2012
Country : France
Sector : Industrials
Website : http://www.fivesgroup.com

Fives is an industrial engineering group born 200 years ago. It designs and manufactures process equipment, production lines and turnkey plants for the world’s largest industrial companies in the aluminum, steel, glass, automotive, logistics, cement and energy sectors, both in emerging and developed countries.
In 2011, Fives posted sales of €1.27 billion. It currently employs more than 6,100 people in some 30 countries.

Growth
Investment date : 01/10/2012
Country : France
Sector : Business services
Website : https://www.esker.fr/

Esker is a worldwide leader in cloud-based document process automation software. Esker solutions, including the acquisition of the TermSync accounts receivable solution in 2015, help organizations of all sizes to improve efficiencies, accuracy, visibility and costs associated with business processes. Esker provides on-demand and on-premises software to automate accounts payable, order processing, accounts receivable, purchasing and more.

Founded in 1985, Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France and U.S. headquarters in Madison, Wisconsin. In 2016, Esker generated 66 million euros in total sales revenue.

Buyout
Investment date : 21/08/2012
Country : Germany
Sector : Healthcare and life sciences
Website : http://www.riemser.com/

Riemser is a specialty pharmaceutical company, headquartered in Greifswald, Germany. Riemser operates internationally and has a primary focus on the sales, marketing and lifecycle management of pharmaceutical products for niche therapeutic markets with high medical need in the fields of Oncology, Anti-Infectives and Dermatology. In 2011, Riemser generated sales in excess of €100 million.

Exited participation

Buyout
Investment date : 06/08/2012
Sale Date : 19/01/2017
Country : Germany
Sector : Consumer goods and services
Website : http://www.schustermann-borenstein.de


Created from the merger of the companies Schustermann and I.B. Borenstein in 1953, the company is now an exclusive retail fashion house for private members. Schustermann & Borenstein markets branded and designer wear – attractively priced – by way of two exclusive stores for members in Munich and the online shopping community BestSecret.com.

Exited participation

Expansion
Investment date : 01/08/2012
Sale Date : 31/03/2017
Country : Germany
Sector : Consumer goods and services
Website : http://www.frostkrone.de


frostkrone and its subsidiary, Bornholter, produce and market frozen finger food and snack products such as mozzarella sticks, cream cheese jalapeños, chilli cheese nuggets and sushi. The company has a highly diverse product portfolio based on cheese, fish, vegetables and baked goods, and markets its products in food retail outlets and the food service sector. With its workforce of 102 employees, the frostkrone Group generated sales of approximately €36 million in 2011. The frostkrone Group will benefit from Ardian’s European network and from its expertise, particularly in relation to the food industry.

Exited participation

Private Debt
Investment date : 01/08/2012
Country : France
Sector : Consumer goods and services
Website : http://www.village-center.com


Village Center is a leader in outdoor accommodation and operates 33 campsites in France, comprising 13,500 pitches and 7,800 mobile homes. The group’s activities also include the sale of residential mobile homes, as well as the distribution of off-season stays through its subsidiary Kawan.
This mezzanine financing follows the partnership signed on August 1 2012 between Village Center and Vacances Directes, to create Europe’s leading outdoor accommodation group, with 38 campsites, 20,500 pitches and 13,500 mobile homes installed in 168 partner campsites in Europe. The new group is expected to generate a turnover in excess of €100 million in 2012.

Private Debt
Investment date : 27/07/2012
Country : France
Sector : Industrials
Website : http://www.kermel.com

Kermel is the world’s only producer of fire resistant polyamide-imide (PAI) fibers for textile, technical and industrial applications. Kermel fiber was developed through research at Rhône-Poulenc and is manufactured at the Colmar site, which has a production capacity close to 2,000 metric tons. Kermel fibers are designed for two different applications: protective clothing for firefighters, police and military units, and work clothes for hazardous occupations in industries such as petrochemicals, steel, glass and electricity. Founded in 1992, Kermel employs over 100 people and generates two-thirds dedicated to markets outside France.

Exited participation

Growth
Investment date : 26/07/2012
Sale Date : 14/01/2016
Country : France
Sector : Technology, Media and Telecom
Website : http://www.placedesleads.com


Founded in 2010, Place des Leads is a company which specializes in the collection, qualification and sale of data. Places des Leads is an innovative player with a technical platform that allows the company to monetize all leads.

Exited participation

Expansion
Investment date : 02/07/2012
Country : France
Sector : Technology, Media and Telecom
Website : http://www.arkadin.com/fr


Founded in France in 2001, Arkadin provides a complete range of remote collaboration solutions (audio, web and video conferencing services). After 10 years of significant growth, Arkadin is now a world leader in collaboration solutions, enabling more than 60 million people to connect in 2011. The company has 1,000 employees in 29 countries and generated turnover of €159 million in 2011. Ardian will use its extensive operational expertise and international network to help support Arkadin’s ambitious growth strategy.

Exited participation

Private Debt
Investment date : 28/06/2012
Country : France
Sector : Consumer goods and services
Website : http://www.stokomani.com


Stokomani is a leading French discount retailer of high-end brands. Throughout its network of 37 stores, Stokomani offers a wide range of branded goods at attractive prices, from clothing, sportswear, beauty and healthcare, toys and homeware.

Exited participation

Expansion
Investment date : 26/06/2012
Sale Date : 01/04/2015
Country : Italy
Sector : Industrials
Website : http://www.novotema.com


Novotema designs and produces rubber components for applications in the automotive, medical, gas control and industrial sectors. Founded in 1973, the Novotema Group employs 178 staff and generates the majority of its revenues in Germany (approximately 51%) in 2011. In 2011, the Novotema Group posted revenues of more than €28 million. Ardian will support Novotema's strategy based on a stronger sales structure and an increased market presence.

Exited participation

Expansion
Investment date : 18/06/2012
Sale Date : 01/11/2015
Country : France
Sector : Industrials
Website : http://www.sf-electric.com


Created in 1970 in Montelimar (France), Novarc manufactures and distributes safety equipments for the operation of medium and high voltage lines and also products and materials for automotive and industrial renovation for professional clients. In 2012, Novarc employs 433 people mainly in France and has three sales subsidiaries in Spain, Belgium and Germany. Ardian will use its expertise and network, especially internationally, to support the development strategy of the group

Exited participation

Expansion
Investment date : 06/06/2012
Sale Date : 06/10/2017
Country : Poland
Sector : Consumer goods and services
Website : http://www.delicpol.pl/


Delic-Pol is a leading Polish confectionery company which specializes in biscuit manufacturing. Since its inception, the company has grown from a small business to a significant regional player with over 700 employees. The aim of this investment is to increase production capacity and support the company in the next stage of its development.

Co-Investment
Investment date : 31/05/2012
Country : United States
Sector : Healthcare and life sciences
Website : http://www.wirb.com

WIRB is the largest US « IRBs » (Institutional Review Boards), which are federally mandated to approve ethical issues in research protocols involving human subjects.

Growth
Investment date : 29/05/2012
Country : France
Sector : Technology, Media and Telecom
Website : http://www.bulkypix.com

Created in 2008, BulkyPix is a leading international digital entertainment provider based in Paris and San Francisco. BulkyPix publishes high quality games and applications developed for a wide range of smartphone and tablet platforms. With close to a 100 games in its portfolio, BulkyPix has in three years become a major player in the sector.The company simultaneously acts as developer, co-producer and publisher, working with around 50 independent studios.

Infrastructure
Investment date : 09/05/2012
Country : Luxembourg
Sector : Utilities
Website : http://www.enovos.eu

Headquartered in Luxembourg, Enovos is an integrated utility company focused on electricity and gas transmission and supply as well as power generation including renewables. Enovos is a highly strategic company, geographically well-positioned at the heart of the EU and based in a strong domestic market which is one of the most resilient in Europe. The company has a leading domestic position with strong growth potential to expand in other surrounding markets. In 2011, the group has over 1,300 employees and had a turnover of €1.5 billion.

Growth
Investment date : 12/04/2012
Country : France
Sector : Technology, Media and Telecom
Website : http://www.externis.com

Created in 2001, Externis is a French company dedicated to the global management of promotional marketing for major consumer companies. Externis was one of the first companies to adress this market and still remains a leading company in this area. It offers the first web On Demand software platform (eCos) for point-of-sale advertising management.

Exited participation

Co-Investment
Investment date : 15/03/2012
Country : Belgium
Sector : Industrials
Website : http://www.taminco.com


Taminco is the largest independent global producer of alkylamines (group of molecules used by various industries including pharmaceutical and agrochemical) and their derivatives. It operates 7 manufacturing facilities wordlwide and has 800 employees spread accross 17 countries.

Co-Investment
Investment date : 13/03/2012
Country : China
Sector : Healthcare and life sciences
Website : http://www.luye.cn/en/

Luye Pharma Group is a leading specialty pharmaceutical company which focuses on research and development, production and sales of natural drugs. Founded in 1994, the company has 3,500 employees with 300 R&D specialists and has achieved a ¥1.8 billion turnover.

Co-Investment
Investment date : 28/01/2012
Country : United States
Sector : Construction and building materials
Website : http://www.jeld-wen.com

JELD-WEN is one of the world's leading manufacturers of doors and windows. With a complete range from standard to exclusive doors of high quality. JELD-Wen supplies and meet customers' needs across Europe. With a dedicated focus on developing, producing and marketing solutions for every market. In 2011, JELD-WEN employs more than 20,000 people worldwide and has manufacturing and distribution locations in more than 20 countries.

Growth
Investment date : 27/01/2012
Country : France
Sector : Technology, Media and Telecom
Website : http://www.consortnt.fr

Founded in 1992, Consort NT is an IT services firm focusing on communication and information technologies comprising three divisions : infrastructure services, application services and engineering services. Consort NT is a leading IT outsourcing firm on the French market.

Expansion
Investment date : 16/12/2011
Country : France
Sector : Construction and building materials
Website : http://ouveo-menuiseries.fr

Ouvêo group, formed by the merger in March 2007 of the company Guigneux, manufacturer of PVC and wood windows installed in Bretagne, and Plastiferm, producer of aluminum and vinyl windows based in Aquitaine, is now a leader in the window market in western France.
The partnership with Ardian is part of a view of strengthening the capacity of the group to continue its organic growth in its market. Indeed, the objective is to achieve external growth in the east of France in order to offer services troughout the country, in the short and medium term.

Exited participation

Expansion
Investment date : 16/12/2011
Sale Date : 01/02/2016
Country : France
Sector : Consumer goods and services
Website : http://www.solina-group.eu/


Solina Group is a major player in the global food ingredients market. With 11 production facilities, multiple R&D centres and local sales offices, Solina‘s services feature personalized ingredient solutions for the Food Industry in the area of fish, meat, nutrition, ready meals and snacks. Solina is also a major player in the professional (butchers) and Food Service markets. Headquartered in France, the company has around 1000 employees and locations in 17 countries. The Group’s net Sales are over 315 million euros in 2015, across 75 countries.

Exited participation

Private Debt
Investment date : 30/11/2011
Sale Date : 26/07/2016
Country : France
Sector : Industrials
Website : http://www.unither-pharma.com


Unither is a sub-contractor in the pharmaceutical and cosmetics industry. The group is one of the leading player in several niche markets such as the manufacture of single sterile doses without preservatives using the BFS process, effervescents, suppositories, creams, gels, and liquid sticks. The unitranche financing will give to the company the resources to finance its investment plans. Partner of the company since November 2006, Ardian’s Mezzanine team was able to propose quickly an innovative private debt financing type, responding to the specific needs of Unither to support its growth.

Exited participation

Growth
Investment date : 10/11/2011
Country : France
Sector : Technology, Media and Telecom
Website : http://www.hologram-industries.com


Hologram Industries proposes a full range of high security solutions, from holographic laminates to the complete document personalization and online authentication system. Expert in high security laminates for identity and travel documents, Hologram Industries' solutions also protect fiduciary documents, vehicles and products. The Group is an equal partner of the media industry in its fight against fraud and illicit content on the Internet.

Buyout
Investment date : 01/09/2011
Country : France
Sector : Industrials
Website : http://www.photonis.com

Photonis is an international high-tech group, headquartered in Merignac (France) specialising in photo sensor technology. It is a world leader in the design and manufacture of state-of-the-art image intensifier tubes for space, research, defence and commercial applications. In 2010, the group employed approximately 1,000 people operates in 5 factories based in France, Netherland, USA and Mexico.

Exited participation

Co-Investment
Investment date : 23/08/2011
Sale Date : 20/12/2017
Country : France
Sector : Energy
Website : http://www.spie.com


In 2011, with 28,600 employees working from nearly 400 locations in 31 countries, Spie is the European leader in electrical and mechanical engineering and HVAC services, energy and communication systems. SPIE enhances the world around us and contributes to its development by helping local and regional authorities and companies design, build, operate and maintain greener, more energy-efficient facilities.

Infrastructure
Investment date : 20/07/2011
Country : Italy
Sector : Energy

3New (ex-TRE Solar) is a joint venture created in partnership with the Italian industrial group Tozzi. This holding company 65% owned by Ardian aims to invest in solar projects in Italy. In 2011, the 3New joint venture’s seed investment will be the acquisition of three solar farms in Italy with a total capacity of 38 MW.

Infrastructure
Investment date : 18/07/2011
Country : France
Sector : Energy

KE Production operates 9 wind farms and 90 MW. Through this acquisition, 28 wind farms are operated by Kallista Group for a net capacity of 286 MW.

Growth
Investment date : 08/07/2011
Country : France
Sector : Technology, Media and Telecom
Website : http://www.krds.fr

Founded in 2008, KRDS creates and develops successful social media applications. It has rapidly become a French leader in the Facebook application market and is a member of Facebook’s “Preferred Developer Consultant” program, a network composed of 85 agencies which are directly recommended by Facebook to companies (more than 50 of which are based in the US). Only companies which have demonstrated a thorough knowledge of the platform and a capacity to develop quality applications are invited to join the program. KRDS has over 50 employees and a hundred corporate customers in nine countries in Europe and Asia.

Co-Investment
Investment date : 01/07/2011
Country : Spain
Sector : Consumer goods and services
Website : http://www.odigeo.com

Odigeo is one of the biggest online travel agency. It has been created in 2011 after the merger of Go Voyages, Edreams and Opodo. Odigeo covers 27 countries where it has over 12 million customers. The 3 agencies will continue to operate under their own brand and will offer their customised services.

Buyout
Investment date : 01/07/2011
Country : Spain
Sector : Consumer goods and services
Website : http://www.odigeo.com

Odigeo is one of the biggest online travel agency. It has been created in 2011 after the merger of Go Voyages, Edreams and Opodo. Odigeo covers 27 countries where it has over 12 million customers. The 3 agencies will continue to operate under their own brand and will offer their customised services.

Exited participation

Private Debt
Investment date : 01/07/2011
Country : France
Sector : Healthcare and life sciences
Website : http://www.delpharm.com


Delpharm is one of the leading French pharmaceuticals manufacturers in 2011. Founded over 20 years ago, the company has 1,600 employees in 2011 and has built itself up by buying six sites near pharmaceutical laboratories in northern France. It is currently studying potential projects in Europe and in emerging market as ways of supporting its major clients internationally.

Exited participation

Private Debt
Investment date : 01/07/2011
Sale Date : 01/10/2015
Country : France
Sector : Energy
Website : http://www.vulcanic.com


The Vulcanic Group is a European leader in the design and manufacturing of electrical heating and cooling solutions for industrial applications in 2011. Vulcanic enjoys a diversified customer base of over 30,000 accounts and a
wide portfolio of high level references and has thus become an acknowledged expert in the sector.Vulcanic has also undertaken an extensive international development, notably with the creation of a subsidiary in
the UK in 2010 and the acquisition of new production capacity in Spain in 2011. This international expansion has allowed the company to develop large-scale engineering projects in the petrochemicals and energy production sectors.

Exited participation

Buyout
Investment date : 27/06/2011
Country : France
Sector : Technology, Media and Telecom
Website : http://www.outremer-telecom.fr


Founded in 1986, Groupe Outremer Telecom has established itself as a leader of alternative telecoms operator in the regions where it operates (Martinique, Guadeloupe, Guyana, La Réunion and Mayotte), offering a full range of fixed and mobile telephony and internet access to consumers and businesses. Groupe Outremer Telecom has developed its own network infrastructure and has a single brand, only. Ardian supports the group to make its various offerings increasingly convergent, develop its base of business customers and continue to come up with innovative and competitive services.

Exited participation

Co-Investment
Investment date : 10/05/2011
Sale Date : 19/12/2016
Country : China
Sector : Consumer goods and services
Website : http://www.newchinalife.com


Founded in August 1996, NCI is the third largest Chinese player in the life insurance sector with 9% of the market share in 2010. Based in Beijing, NCI has 34 regional subsidiaries. NCI takes advantage of the strong growth of the Chinese market in this sector while seizing opportunites to increase its profitability.

Exited participation

Co-Investment
Investment date : 10/05/2011
Sale Date : 05/05/2017
Country : Poland
Sector : Consumer goods and services
Website : http://www.zabka.pl


Founded in 1998, Zabka is the owner of one of the largest network of convenience stores in Poland. With 2,400 stores, Zabka covers all the country, especially in large cities. In 2009, the company launched a new brand, called Freshmarket, which is focused on the medium-sized stores market. Ardian reinvested in the company in June 2013.

Exited participation

Co-Investment
Investment date : 01/05/2011
Country : United States
Sector : Healthcare and life sciences
Website : http://www.evhc.net/Index.aspx


Founded in 2005, Envision Healthcare (ex-EMSC) is the leading provider of emergency medical services in the United States. Envision Healthcare operates in two business segments: the healthcare transportation services with American Medical Response Inc. (AMR) and the physician services for emergency department with EmCare Holdings Inc. (EmCare). Envision Healthcare provides services each year to more than 13 million patients in more than 2,000 communities nationwide.

Exited participation

Private Debt
Investment date : 01/05/2011
Sale Date : 01/10/2015
Country : France
Sector : Healthcare and life sciences
Website : http://www.biomnis.com


Biomnis is the French leading specialized medical testing laboratory. In 2010, the group managed a €240m turnover and operates ten laboratories in France and Europe. Biomnis employs over 1,700 people in 2011 and offers a wide spectrum of medical analysis.

Growth
Investment date : 19/04/2011
Country : France
Sector : Technology, Media and Telecom
Website : http://www.ticket-surf.com

Spin off from Orange in 2005, TICKET SURF International has become one of the leading provider of e-money services offering prepaid cards : TICKET SURF, TICKET PREMIUM and prepaid MASTERCARD ULTREIA. After a strong development in the e-gaming market, TSI will achieve a deeper penetration in the international e-commerce.

Expansion
Investment date : 13/04/2011
Country : Latvia
Sector : Technology, Media and Telecom
Website : http://www.baltcom.lv

Baltcom is one of the largest Latvian cable television operator in 2011, offering pay-TV, internet and telephony services in Riga and in other Latvian cities. It will continue to roll out its fibre technology to enhance the connection speed of its customers and provide high-speed internet and advanced IP-services throughout its network. This transaction represents the first joint investment by Ardian and Resource Partners, who entered into a strategic partnership in May 2010.

Growth
Investment date : 04/04/2011
Country : France
Sector : Technology, Media and Telecom
Website : http://www.ivalua.com

Created in 2000, Ivalua is one of the leading European publishers in the e-buying solutions market, thanks to its Ivalua Buyer software package. The solution’s main asset is the comprehensive integration of all the 22 functional modules within a single solution which can interface with the company’s other information systems. Available in SaaS and licence mode, the software package covers most purchasing department requirements: performance management, e-sourcing, e-procurement, management of supplier relations and risks. The Ivalua Indicia product is a leader in sustainable development with its data analysis and reporting solution.

Infrastructure
Investment date : 28/02/2011
Country : Spain
Sector : Utilities
Website : http://www.clh.es

In 2011, CLH is the owner and operator of the largest Spanish refined oil products pipeline network and forms the backbone of this infrastructure in Spain, with more than 4,000 km of pipelines and seven million m3 of storage capacity. Ardian became one of the main shareholders of this company which is a strategic asset in Spain for the logistics and distribution of refined oil products. CLH is also the largest provider of storage capacity for refined products in Spain, including strategic national reserves.

Infrastructure
Investment date : 10/01/2011
Country : Spain
Sector : Transport

In 2010, Ardian has acquired 50% of the capital of Autopista Trados 45 which manages a 14.5 kilomèters section on M-45 highway near Madrid. The sale totals €67 million. The concession is a highway with a virtual toll, therefore revenues do not come from the users but from the contractor.

Exited participation

Growth
Investment date : 01/01/2011
Sale Date : 02/02/2016
Country : France
Sector : Technology, Media and Telecom
Website : http://www.FitnessBoutique.fr


FitnessBoutique is the French leader in sales to private individuals and professionals of fitness equipment and food supplements for sport. With more than 350,000 customers in 2011, an Internet presence in France, Spain, Italy, Belgium, Switzerland and Portugal as well as 17 stores in France and 2 in Spain, the company achieved in 2010 a turnover of €21.4M, with growth of 18% compared to 2010. 35 people currently work at the company offices at Voiron (Isère) and 37 people in the stores of the group.

Exited participation

Buyout
Investment date : 01/01/2011
Sale Date : 22/06/2016
Country : France
Sector : Industrials
Website : http://www.novacap.eu


Novacap is a producer of essential chemicals for use in everyday products. The group is structured across 3 divisions: Pharmaceutical & Cosmetics, Performance Chemicals and Mineral Specialties. Novacap is an industry leader across a wide range of products including aspirin, paracetamol, salicylic acid, para-aminophenol, soda ash, sodium bicarbonate, phenol and oxygenated solvents. It targets a set of five resilient and diversified end-markets including pharma & healthcare, food & feed, cosmetics, flavors & fragrances, home care and environment. Novacap serves 750 customers from 14 industrial sites located in Europe and Asia, and employs ~1,600 people.

Exited participation

Growth
Investment date : 13/12/2010
Country : France
Sector : Technology, Media and Telecom
Website : http://www.adverline.com


Created in 1999, Adverline is listed on the Alternext market since 2006. Adverline specializes in online audience monetisation and has developed a coherent strategy through complementary services: internet ad network, micropayment, internet site hosting and publishing. In 10 years, Adverline has become one of the top 10 French internet ad network sites by federating hundreds of sites representing more than 20 million unique visitors each month.

Exited participation

Co-Investment
Investment date : 03/12/2010
Sale Date : 17/05/2016
Country : Italy
Sector : Healthcare and life sciences
Website : http://www.kosgroup.com


Founded in 2003 and part of CIR group, KOS is employing 4000 collaborators in 2010. KOS is the leading Italian healthcare group in the areas of socio-medical assistance, residential chronic care, rehabilitation and psychiatry, advanced technologies applied to medicine and acute care medicines. The growth of the KOS Group from 2003 to today, due to both the typical characteristics of the healthcare sector and the Group’s ambitious growth objectives, occurred principally via the acquisition of already existing facilities or companies.

Exited participation

Buyout
Investment date : 01/12/2010
Sale Date : 17/05/2016
Country : Italy
Sector : Healthcare and life sciences
Website : http://www.kosgroup.com


Founded in 2003 and part of CIR group, KOS is employing 4000 collaborators in 2011. KOS is a leading Italian healthcare group in the areas of socio-medical assistance, residential chronic care, rehabilitation and psychiatry, advanced technologies applied to medicine and acute care medicines. The growth of the KOS Group from 2003 to today, due to both the typical characteristics of the healthcare sector and the Group’s ambitious growth objectives, occurred principally via the acquisition of already existing facilities or companies.

Exited participation

Co-Investment
Investment date : 11/11/2010
Country : United Kingdom
Sector : Industrials
Website : http://production.investis.com/tomk/


With 29 750 collaborators in 2010, Tomkins is a global engineering and manufacturing leading group. This American company manufactures a variety of products for the industrial, automotive and building products market focusing on energy-efficiency and green products.

Exited participation

Private Debt
Investment date : 01/11/2010
Country : United Kingdom
Sector : Technology, Media and Telecom
Website : http://www.rbsworldpay.com


WorldPay operates in over 40 countries and is a major global leader in payment processing in 2010. WorldPay is an established leader in face-to-face, online, telephone and mail order payment management. WorldPay processes millions of payments every day, for large companies and small businesses across the world, securely and quickly.

Exited participation

Co-Investment
Investment date : 21/10/2010
Sale Date : 20/10/2016
Country : United States
Sector : Industrials
Website : http://www.fortdearborn.com/


Fort Dearborn is a leading supplier of high impact decorative labels for big and medium consumer goods' companies working on different sectors. In 2010 this American firm managed a 320 M $ turnover.

Exited participation

Private Debt
Investment date : 01/10/2010
Country : France
Sector : Healthcare and life sciences
Website : http://www.imv-technologies.com


IMV manufactures, distributes and trades consumables and equipments aimed at conducting artificial insemination and at storing bio-samples for both animals (mainly bovine and swine) and humans. In 2010, IMV sells its products in 120 countries (main markets are Western Europe, North America, Brazil, India and China).

Growth
Investment date : 02/09/2010
Country : France
Sector : Technology, Media and Telecom
Website : https://www.arismore.fr/

Founded in 2002, Arismore is an innovative IT services company which helps to transform and secure information systems. It mainly operates on the architecture and the management of information systems, identity management and infrastructure simplification (Cloud Computing). Finally it offers training and certifications in order to disseminate international best practices on the various aspects of process and organization among the information systems industry changers.

Exited participation

Private Debt
Investment date : 01/09/2010
Country : France
Sector : Business services
Website : http://www.trescal.com


Represented in 16 countries, Trescal is an international specialist in calibration which provides a broad range of services for the test and measuring equipment market. Supplementing the standard technical services (verification, calibration and repair of T&M instruments), Trescal offers its expertise for the implementation and acquisition of measurement systems, customized equipment pool management software solutions, metrology and technical support, and training. The aim is to assist and support Trescal in its ambitious buy-and-build strategy and therefore accelerate its diversification into complementary geographies and markets.

Exited participation

Co-Investment
Investment date : 28/07/2010
Country : United States
Sector : Technology, Media and Telecom
Website : http://www.insightglobal.net


Insight is one of the fastest growing providers of IT staffing solutions in the US. The Company has 21 offices across the country through which it fulfils the needs for IT temporary workers of a broad range of Fortune 1000 companies including Microsoft, AT&T, Verizon, Kaiser Permanente and CVS.

Growth
Investment date : 21/07/2010
Country : Italy
Sector : Technology, Media and Telecom
Website : http://www.bravofly.fr

Launched in 2004, Bravofly is a major player in the European online booking market. With its user-friendly interface and advanced technology, the company offers its customers a powerful research and comparison engine to book flight tickets on low-cost and traditional airlines. In 2010, the company is a major European online player with one of the broadest offer ranges in flight and travel-related markets through its websites bravofly.fr, bravofly.de, bravofly.co.uk, bravofly.es, bravofly.com, volagratis.it and viaggiare.it.

Exited participation

Expansion
Investment date : 12/07/2010
Country : Germany
Sector : Industrials
Website : http://www.phoenix-armaturen.de


In 2010, the Phönix/Strack Group generates approximately €40 million in revenue annually with its 250 employees at plants located in Volkmarsen and Magdeburg as well as through its sales entities in France and the USA. Following the acquisition of the majority stake by Ardian, the company plans to increase its international presence through acquisitions and by exploiting existing market opportunities. 

Exited participation

Expansion
Investment date : 09/07/2010
Country : Italy
Sector : Industrials
Website : http://www.rollon.com


In 2010, the Rollon Group, a leading international linear motion manufacturer is based in northern Italy. In 2009, the company posted revenues of around EUR 30m with good operating margins. The expected development over the next few years will be based on exploiting the synergies between the various application sectors and on the growth in the US.

“Rollon’s growth depends on expanding its product offering and bolstering its sales network, so that it can build up positions in complementary markets like aerospace and medical. Thanks to their network and mastery of industrial build-ups, Ardian teams have supported us in implementing this strategy.”

Eraldo Bianchessi
CEO of Rollon

Growth
Investment date : 07/06/2010
Country : France
Sector : Energy
Website : http://www.jit-solaire.com

Based in the Poitou-Charentes and Rhône-Alpes regions, this group installs turnkey electricity-generating solar systems for individuals, companies and local authorities, with solutions designed to meet each client’s roofing specifications. Ardian reinvested in the company in July 2013.

Growth
Investment date : 11/05/2010
Country : France
Sector : Technology, Media and Telecom
Website : http://www.customsolutions.fr

Custom Solutions specialized in sales promotion and e-logistics. The company's historical core business line is the management of promotional marketing for mass market brands: payback, deferred bonuses and shops, quizzes and multimedia games. Custom Solutions also provides outsourcing services for POS-A (point of sale advertising) logistics and e-logistics. Custom Solutions is listed on Alternext.

Growth
Investment date : 07/05/2010
Country : France
Sector : Technology, Media and Telecom
Website : http://www.weborama.fr

Founded in 1998, Weborama is an Internet marketing and advertising player. Actor of the audience measurement and adserver, the company is a publisher of technologies specialized on the display market (banners, video). Weborama Solution provides announcers, agencies and publishers with the Suite adperf ™, a " Suite ad analytics " that allows to broadcast, analyze and optimize the performance of online communication actions. Weborama Connection is the group's ad marketing and behavioral targeting pole.

Infrastructure
Investment date : 16/03/2010
Country : France
Sector : Transport

The SEA project represents one of the biggest concession contracts in Europe. The 50-year contract will cover the financing, design, construction, operation and maintenance of the 303 kilometres high-speed rail link between Tours and Bordeaux. This high-speed rail link will reduce the travel time of 55 minutes between Paris and Bordeaux.

Exited participation

Buyout
Investment date : 01/03/2010
Country : Germany
Sector : Technology, Media and Telecom
Website : http://www.hse24.de


HSE24 is a leading provider of TV home shopping in Germany, Austria, Switzerland, Italy and Russia. Through its television channels HSE24, HSE24 Extra, HSE24 Trend, HSE24 Italy and Shopping Life (Russia), as well as its e-commerce platforms and mobile apps, the company sells a broad range of consumer products through multiple channels. The typical HSE24 customer is female, aged 40+, and engages in repeated purchases of products in fashion, jewellery, cosmetics and wellness, as well as home & living, and DIY. Products are sold exclusively by HSE24 and are presented in scheduled one-hour live shows.

Private Debt
Investment date : 01/03/2010
Country : Netherlands
Sector : Consumer goods and services
Website : http://www.maxeda.com

With a total of 355 stores in 2010, Maxeda DIY is a leading player in the Do-It-Yourself (“DIY”) market in the Benelux. Maxeda DIY is the number 1 player in Belgium (25% market share with Brico and Brico Plan-it en 2010) and the number 2 player in the Netherlands (23% market share with Praxis and Formido en 2010).

Exited participation

Private Debt
Investment date : 01/03/2010
Country : United Kingdom
Sector : Consumer goods and services
Website : http://www.petsathome.com


Pets at Home is a UK’s leading specialist retailer of pet food, pet accessories and pets in 2010 (small animals, fish and reptiles). The Company employs 4,500 people and operates 255 stores nationwide in 2010, which are mainly large destination superstores located out of town.

Exited participation

Growth
Investment date : 25/02/2010
Country : France
Sector : Technology, Media and Telecom


MenInvest is a group carrying on business in digital, e-commerce and media activities focused on a common target: man.

Infrastructure
Investment date : 02/02/2010
Country : France
Sector : Technology, Media and Telecom

This contract concerns the construction and the operating for 15 years of a GSM-R telecommunications network to be fully deployed by 2015 over 14,000 km of tracks. 1950 GSM-R stations will be build on the RFF network.

Growth
Investment date : 18/01/2010
Country : France
Sector : Technology, Media and Telecom
Website : http://www.millemercis.com

1000mercis specializes in interactive advertising and marketing. It aims at providing innovating answers to businesses wishing to optimize their advertising and marketing campaigns on interactive media (Internet, Mobile, etc.). The company is listed on Alternext.

Co-Investment
Investment date : 05/01/2010
Country : China
Sector : Consumer goods and services
Website : http://www.glamour-sales.com

Glamour Sales, founded in 2009 by the two French entrepreneurs Olivier Chouvet and Alain Soulas, and joined by Thibault Villet, operates the leading authorized flash sales websites in China and in Japan. The group employs 40 persons in Japan and over 100 in China, and has overseen thousands of private sales. Glamour Sales is one of the first and most successful e-commerce sites in Asia, working directly and exclusively with brands, to bring top products and services to Asian customers.

Growth
Investment date : 27/12/2009
Country : France
Sector : Energy
Website : http://www.environnement-sa.fr

Environnement S.A is a major international player in the on-line instrumentation for the environment. Ever since its creation in 1978, Environnement S.A has been dedicated to the development, manufacturing and supply of advanced continuous analyzers. Environement S.A is listed on Alternext.

Co-Investment
Investment date : 09/12/2009
Country : Australia
Sector : Healthcare and life sciences
Website : http://monashivf.com/

Founded in 2008, Monash IVF is a market leader in the fields of fertility care, women imaging & diagnostics in Australia, providing assisted reproductive services which include in-vitro fertilization (“IVF”). Monash IVF aims to build a healthcare service platform offering core assisted reproductive services, diagnostic and ancillary services and ultrasound services across Australia and Asia. Monash IVF was listed on the Australian Stock Exchange in June 2014.

Exited participation

Expansion
Investment date : 04/12/2009
Sale Date : 01/02/2015
Country : France
Sector : Industrials
Website : http://www.charlois.com


The Charlois family has been a successful stave wood maker for 6 generations. The group has grown in the last few years through acquisitions and, in 2009, it comprises 2 stave wood makers, 2 cask manufacturers Tonnelleries and a pallet manufacturer .The Saury Group, a cooperage historical actor, reinforced its structure with the acquisitions of the cooperage Martel and Co. in Cognac in 2005 and a méranderie in Normandy,The merger between these two groups gave birth to a new entity in which Sylvain Charlois remains President and major shareholder.

Exited participation

Buyout
Investment date : 01/12/2009
Country : France
Sector : Consumer goods and services
Website : http://www.newrest.eu


Headquartered in Toulouse, France, Newrest is a leading diversified catering group active in five segments: inflight catering for airline companies, rail catering, remote sites for the oil and gas and mining industry, contract catering and concessions, mostly in airports. The company has more than 25,000 employees and is present in 49 countries.

Exited participation

Expansion
Investment date : 29/11/2009
Country : France
Sector : Business services
Website : http://www.cegos.fr


Cegos Group, created in 1926, is one of the global leaders of professional training in 2009. Its consultants experience includes all the area of management and skills development. In 2008, Cegos Group managed a €195.5m turnover and trained more than 200,000 people in France and in the World. Cegos works in 30 countries with 1.200 collaborators and 20.000 client firms in 2009.

Exited participation

Expansion
Investment date : 07/11/2009
Sale Date : 02/12/2013
Country : Austria
Sector : Technology, Media and Telecom
Website : http://www.yourccc.com


Founded in Austria in 1998, CCC is today headquartered in Berlin. With more than 5,500 employees, the company offers high-quality BPO solutions in 28 languages and serves more than 80 customers in Europe. The group operates from 18 locations across eight countries, ten of which are based in the DACH region, four in Eastern Europe, three in Turkey, and one in France. The company has secured a leading market position in the DACH region. CCC’s range of services includes social media monitoring, up/cross selling, complaint management and technical support. The company offers a broad range of communication solutions across telephone, e-mail, chat and social media channels.

“Ardian’s knowledge of our industry and the quality of the due diligences undertaken upstream of the investment process allowed Ardian teams to be quickly operational. A relationship of trust and exchange has rapidly been established and the conversations were always constructive.”

Christian Legat
President of CCC

Infrastructure
Investment date : 03/08/2009
Country : France
Sector : Energy

This contract concerns the construction and the operating for 15 years of a GSM-R telecommunications network to be fully deployed by 2015 over 14,000 km of tracks. 1950 GSM-R stations will be build on the RFF network.

Exited participation

Growth
Investment date : 16/07/2009
Country : France
Sector : Technology, Media and Telecom
Website : http://www.indom.com


Indom is the leading French registrar, offering businesses, professionals and industrial property advisers a comprehensive range of value-added services. Indom is ICANN certified.

Exited participation

Private Debt
Investment date : 01/06/2009
Country : United Kingdom
Sector : Business services
Website : http://www.woodmacresearch.com


In 2009, Wood Mackenzie is a leading B2B provider of in-depth commercial analysis and strategic advice to companies operating in the global energy industry (oil, gas & power, coal) and life sciences market. Wood Mackenzie has two specific core activities, research and consulting.

Infrastructure
Investment date : 29/05/2009
Country : Italy
Sector : Energy
Website : http://2iretegas.it/

2i Rete Gas is the subsidiary of the ENEL Group in charge of the distribution of natural gas in Italy. Since 2i Rete Gas's acquisition in 2009, two other acquisition have been realized: E.ON Rete Gas distribution network in March 2011 and then G6 Rete Gas in June 2011. After these acquisitions, 2i Rete Gas distribution network covers 55,000km, serves around 3.8 million of users. 2i Rete Gas represents a market share of 17%. Between 2009 and 2013, the turnover of 2i Rete Gas has increased from €315m to €846m.

“Our teams work closely together. We have monthly meetings on recurring financial matters, but the contacts go well beyond; our contacts were daily during the acquisitions processes.”

Gianclaudio Neri
CEO of 2i Rete Gas

Exited participation

Buyout
Investment date : 01/05/2009
Country : France
Sector : Industrials
Website : http://www.unipex.com


Unipex, which is based in Quebec, is a leading developer, manufacturer and marketer of more than 2000 value-added products for the cosmetics, pharmaceutical, chemical and nutrition industries.55% of the company's revenues come from Europe (via Unipex, Chimiray, Siricie Iris and IEB) and 45% from North America (largely Canada via Multichem).

Exited participation

Growth
Investment date : 30/03/2009
Country : France
Sector : Technology, Media and Telecom
Website : http://www.goto.fr


GOTO Software is a publisher of Internet software for both private and business customers. The company grew strongly, thanks to its anti-spam Vaderetro as well as to its Sarbacane emailing solution.

Infrastructure
Investment date : 16/02/2009
Country : Italy
Sector : Energy

3New&Partners (ex-Tre&Partners) is a holding company devoted to investing in wind farms, hydroelectric stations and solar energy projects in Italy. In 2009, 3New&Partners holds investments in wind farms and hydroelectric projects, both in operation and under development or construction, with a total global capacity exceeding 400 MW.

Exited participation

Expansion
Investment date : 16/12/2008
Country : Belgium
Sector : Industrials
Website : http://www.sfinc.be


Sfinc was established in 2004 and is active in the food processing industry. The company produces and distributes spices, marinades and functional food ingredient blends for food processing companies. The strengths of Sfinc are its in depth knowledge of food ingredients,nutraceuticals, coatings, aromas and spices, its technological expertise and innovative concepts.

Growth
Investment date : 15/12/2008
Country : France
Sector : Technology, Media and Telecom
Website : http://www.lusis.fr

Founded in 1999, Lusis is a software components and related services company providing critical systems used in finance, transport retail and monetics.

Exited participation

Private Debt
Investment date : 01/11/2008
Country : France
Sector : Business services
Website : http://www.socotec.fr


In 2008, Socotec is a French leader in inspection, audit, technical assistance, consulting, training and certification for the building, real estate, industry and health sectors. The Company provides services for risk management and performance optimization through the whole building lifecycle.

Exited participation

Private Debt
Investment date : 01/10/2008
Country : Hungary
Sector : Healthcare and life sciences
Website : http://www.euromedic-group.com


Specialized in the operation of radiology, dialysis, medical analyses and radiotherapy centers, Euromedic is a leading provider of healthcare services to hospitals and public insurance funds in Europe in 2010 and is located in more than 15 countries in both Central, Eastern and Western Europe.

Exited participation

Co-Investment
Investment date : 01/10/2008
Sale Date : 23/01/2018
Country : United States
Sector : Consumer goods and services
Website : https://www.caesars.com/


Caesars Entertainment is the world’s most geographically diversified casino-entertainment company. With a foundation built on providing great service, excellent products and unsurpassed service to our guests, Caesars Entertainment has become a global leader in gaming and hospitality, operating resorts and casinos on three continents, including such brands as Harrah’s, Caesars and Horseshoe, as well the London Clubs International family of casinos.

Exited participation

Private Debt
Investment date : 01/09/2008
Country : France
Sector : Technology, Media and Telecom
Website : http://www.photonis.com


Photonis is an international high-tech group, headquartered in Merignac (France) specialising in photo sensor technology. It is a world leader in the design and manufacture of state-of-the-art image intensifier tubes for space, research, defence and commercial applications. In 2010, the group employed approximately 1,000 people operates in 5 factories based in France, Netherland, USA and Mexico.

Exited participation

Private Debt
Investment date : 01/09/2008
Country : United States
Sector : Consumer goods and services
Website : http://www.sunproductscorp.com


Vestar, which already controls Huish, has initiated the merger with the Unilever fabric care division. Founded in 1975, Huish has grown to become a leading manufacturer of private label laundry detergents and cleaner in North America in 2008. Unilever’s North American Fabric Care division is a branded detergent manufacturer enjoying a 50-year heritage as a part of consumer's laundry routine with branded products such as Snuggle, Sunlight or Wisk.

Exited participation

Private Debt
Investment date : 01/09/2008
Country : United Kingdom
Sector : Industrials
Website : http://www.talaris.com


Spin-off of the listed company De La Rue, De La Rue Cash Systems is, in 2008, a leading global manufacturer of cash handling technology solutions, which are used to authenticate, count and sort banknotes as well as a service provider for these solutions. The Company operates in the branch teller automation market and has developed several generations of Automated Teller Machines "ATM" for self-service applications.

Exited participation

Expansion
Investment date : 15/08/2008
Sale Date : 12/07/2016
Country : France
Sector : Business services
Website : http://www.altares.com


Altares is a leading player in Data Economy, its mission is to enhance the Data capital of its clients by transforming their information assets in economic performance. As an independent trusted partner, the Group provides decision makers a prospective and contextualized view of business challenges of the new economy.

In a changing world, globalization, cloud, big data, open data ... Altares collects, aggregates, analyzes, and enriches the data structure to make them "smart" and to make an agile decision-making tool for the General and Operational management of companies. The Group helps clients transform their data to drive growth.

Exclusive partner of Dun & Bradstreet in France, the first international network of BtoB information, Altares is positioned as the partner of choice for large companies, SMEs and ETI by providing preferential access to the databases of over 240 million companies in 220 countries. The company employs 300 people and has a turnover of 60 million euros.

Infrastructure
Investment date : 02/08/2008
Country : France
Sector : Transport
Website : http://a88-alicorne.fr/

Alicorne designs, finances, builds and manages the operations of France’s A88 motorway concession. The A 88 project is a 55 year motorway concession between the cities of Caen and Cherbourg towards the centre and the south of France.

Exited participation

Private Debt
Investment date : 01/08/2008
Sale Date : 30/12/2016
Country : United States
Sector : Business services
Website : http://www.boozallen.com


In 2010, Booz Allen Hamilton is a leading consulting firm specializing in the classified and unclassified projects of the U.S. Government. The Company is a provider of mission critical strategy, program support, organization and change, system integration and technical services to the U.S. Government since 1940.

Exited participation

Private Debt
Investment date : 01/08/2008
Country : United Kingdom
Sector : Healthcare and life sciences
Website : http://www.jameshull.co.uk


James Hull Group is a premium, private dental chain in the UK offering specialist and cosmetic dentistry in addition to general dentistry services. The company was founded in 1987 by Dr. James Hull, the current CEO.

Private Debt
Investment date : 01/08/2008
Country : Canada
Sector : Construction and building materials
Website : http://www.voiceconst.com

Headquartered in Alberta, Canada, Voice Construction is an equipment-based civil construction firm primarily focusing on industrial earthwork related construction services to primarily the oil sands industry. The company is one of few industrial site preparation companies able to provide full turn-key solutions in the area of site preparation and other upgrading needs.

Exited participation

Private Debt
Investment date : 01/08/2008
Country : Bulgaria
Sector : Technology, Media and Telecom
Website : http://www.vivacom.com


Privatized in 2004, the Bulgarian Telecommunications Company (“BTC”) is, in 2008, a leading incumbent integrated telecommunication services operator in Bulgaria with a complete range of product offering: fixed line, broadband, mobile, TV and radio.

Exited participation

Private Debt
Investment date : 01/07/2008
Country : France
Sector : Business services


World Freight Company is one of the leading General Sales Agent for the cargo / airline freight industry in 2008. WFC is a service provider for the airline companies outsourcing the monitoring and sale of their airfreight. With an aggressive external growth strategy since its inception in 2004, the company has built a major global player to provide the airline companies with a comprehensive network.

Growth
Investment date : 20/06/2008
Country : France
Sector : Technology, Media and Telecom
Website : http://www.batiweb.com

Batiweb.com is a BtoB web portal focusing on the housing and construction sectors. The company has grown based on a directory/ search engine business model focusing on construction products and is now one of the established leaders on its market.

Exited participation

Infrastructure
Investment date : 09/06/2008
Country : United Kingdom
Sector : Utilities
Website : http://www.anglianwater.co.uk


AWG is provider of water and sewerage services to the east of England and Hartlepool in the UK. AWG is the largest water supplier in terms of geographical coverage and provides around 5.5m consumers. AWG has been highly ranked over the past years by the Ofwat. The management team has been in place since 2004 and benefits from long-term experience in the UK water industry,

Exited participation

Growth
Investment date : 04/06/2008
Country : France
Sector : Technology, Media and Telecom
Website : http://www.prodware.fr


Founded in 1989, Prodware is a publisher, integrator and application hosting provider for businesses. Proware is listed on Alternext.

Exited participation

Co-Investment
Investment date : 16/04/2008
Sale Date : 01/03/2016
Country : India
Sector : Technology, Media and Telecom
Website : http://www.bharti-infratel.com


A leading telecom operator in India (subsidiary of Bharti Group).

Buyout
Investment date : 01/04/2008
Country : Germany
Sector : Consumer goods and services
Website : http://www.loewenplay.de

The company headquartered in Bingen is the second largest amusement arcade operator in Germany with over 4,000 machines in more than 200 arcades and generated revenues in excess of € 85 million in 2007. It is providing a wide range of coin-operated and electronic gaming, sports and amusement machines offering top quality entertainment.

Exited participation

Private Debt
Investment date : 01/03/2008
Country : United Kingdom
Sector : Consumer goods and services
Website : http://www.dreams.co.uk


In 2008, Dreams is a leading retailer of beds and mattresses in the United Kingdom through a network of 160 stores. Present in both production and distribution, Dreams is primarily positioned in the mid and high end of the market.

Private Debt
Investment date : 01/02/2008
Country : Poland
Sector : Energy
Website : http://www.ctl.pl

CTL is the largest privately owned railway logistics operator in Poland in 2008. The company offers tailor-made end-to-end logistics solutions within its core activities of rail transportation, freight forwarding, siding management and waste disposal.

Exited participation

Private Debt
Investment date : 01/02/2008
Sale Date : 01/07/2010
Country : Italy
Sector : Aerospace and defense
Website : http://www.elilarioitalia.net


In 2010, Elilario is one of the largest providers of helicopter services in Italy offering helicopter transportation and maintenance to the offshore oil and gas industry and supplying emergency medical services to hospitals and emergency rooms as well as fire-fighting services.

Exited participation

Expansion
Investment date : 15/01/2008
Country : Italy
Sector : Industrials
Website : http://www.duplomatic.com


The company is based in Legnano (Italy) and comprises two distinct entities: The first produces machine tools, automatic control systems and machine tool components while the second produces a complete range of valves, engines, cylinders and exhaust accessories.The group is backed by a strong international presence via a network of branches and distributors and shows sales in excess of €40m in 2008.

Exited participation

Private Debt
Investment date : 01/01/2008
Country : France
Sector : Technology, Media and Telecom
Website : http://www.martekpower.com


In 2010, Martek Power is a leading designer and manufacturer of standard and custom power supplies (AC/DC), converters (DC/DC) and inverters (DC/AC) in a power range of 5W to 10kW. The company mainly operates in the USA and in Europe.

Exited participation

Private Debt
Investment date : 01/01/2008
Country : France
Sector : Technology, Media and Telecom
Website : http://www.prosodie.fr


In 2010, Prosodie is a leading international (France, Spain, USA & Canada) company providing diversified online services (voice services, voice recognition, SMS, MMS, eCommerce, prepaid cards) for BtoB and BtoC applications. Prosodie’s activity is in some extent located at the intersection of telecom, IT and information sectors.

Exited participation

Growth
Investment date : 16/12/2007
Sale Date : 14/01/2016
Country : France
Sector : Technology, Media and Telecom
Website : http://www.publicidees.com


Public-Idées, a ROI-based web-marketing specialist, offers unrivalled services in affiliation marketing, co-registration and tracking of advertising campaigns. Backed by its innovative systems and expertise, the company’s business is growing rapidly on a booming market.

Co-Investment
Investment date : 10/12/2007
Country : South Korea
Sector : Consumer goods and services
Website : http://www.kyobo.co.kr

2nd largest insurer company offering saving and protection life insurance policies.

Infrastructure
Investment date : 12/10/2007
Country : Italy
Sector : Healthcare and life sciences

HISI is a holding company founded in Milan by Techint, Capitalia Merchant and Ardian to invest in both existing and future concession projects focusing on the Italian healthcare sector. HISI's objective is to assist operators developing infrastructure projects to maximize the value of their equity holdings and realize their investment by relying on a partner who – due to the presence of the Techint group - has specific skills in the construction and management of infrastructure.

Exited participation

Private Debt
Investment date : 01/10/2007
Country : United Kingdom
Sector : Consumer goods and services
Website : http://www.healthcare-at-home.co.uk


Healthcare at Home is the clear market leader in the business of complex home healthcare services within the UK in 2007. The Company specialises in administering treatments such as chemotherapy, intravenous antibiotics and blood transfusions in patients’ home.

Exited participation

Private Debt
Investment date : 01/10/2007
Country : France
Sector : Consumer goods and services
Website : http://www.matebat.fr


Matebat is a leading company specialised in crane rental solutions with related services and “BBE” (“Bungalows, Banches, Etais”) material rental solutions in 2007. Matebat operates 9 operational sites, mainly in the South West of France.

Co-Investment
Investment date : 16/09/2007
Country : China
Sector : Energy
Website : http://www.sinopacificshipbuilding.com

Shipbuilding company in China, designing, manufacturing and selling specialty vessels like offshore vessels as well as mainstream.

Exited participation

Private Debt
Investment date : 01/09/2007
Country : France
Sector : Business services
Website : http://www.saveur.fr


Founded in 1988, the Group SAVEUR is a French manufacturer of blended ingredients for the food industry. In 2010, Saveur has leading positions in Western / Eastern Europe and in Asia, through 3 main activities: functional and aromatic products, culinary products and nutritional products.

Exited participation

Private Debt
Investment date : 01/09/2007
Country : France
Sector : Technology, Media and Telecom
Website : http://www.vizada.com


En 2007, Vizada is one of the world’s largest Satellite Service Providers (SSP) with a global presence and leading position in the Mobile Satellite Services (MSS) and the Fixed Satellite Services (FSS) segments.

Exited participation

Private Debt
Investment date : 01/09/2007
Sale Date : 22/12/2016
Country : France
Sector : Consumer goods and services
Website : http://www.zodiacmarine.com


Zodiac Marine / Jandy is a leading manufacturer and distributor of branded pool equipment mostly based in the US and in France in 2007.

Exited participation

Co-Investment
Investment date : 12/08/2007
Country : United States
Sector : Industrials
Website : http://www.allisontransmission.com


World's largest automatic transmission manufacturer focused exclusively on the commercial vehicle market.

Private Debt
Investment date : 01/08/2007
Country : France
Sector : Consumer goods and services
Website : http://www.camaieu.fr

Camaïeu is a leading French ready to wear women apparel retailer in 2007. The group designs and sells its own collections, aimed at young women from 20 to 40, looking for seductive, easy-to-wear, affordable fashion goods. With 440 boutiques in France. Camaïeu enjoys a very high brand recognition and exports its concept internationally.

Exited participation

Private Debt
Investment date : 01/08/2007
Country : France
Sector : Energy
Website : http://www.keolis.com


Keolis is a leading private French public transport operator specialising in the operation of bus, tram, underground and regional trailway networks. In 2007, the company's business is divided between France and abroad via numerous joint ventures in the UK, Germany, Scandinavia, Sweden, Netherlands, Belgium and Canada.

Exited participation

Private Debt
Investment date : 01/08/2007
Country : United States
Sector : Consumer goods and services
Website : http://www.containerstore.com


The Container Store is a US retailing chain that sells storage solutions for home and office. In 2007, they have 39 locations with average size of 2,000 m² throughout the United States.

Exited participation

Co-Investment
Investment date : 21/07/2007
Sale Date : 14/02/2016
Country : United States
Sector : Consumer goods and services
Website : http://www.allianceboots.com


Pan-European leader in the wholesale distribution and retail of pharmaceuticals and cosmetics.

Exited participation

Private Debt
Investment date : 18/07/2007
Sale Date : 22/06/2016
Country : France
Sector : Consumer goods and services
Website : http://www.demeco.fr/


Demeco is a French moving company with over 275 locations in France, 1,800 vehicles, 250 furniture lifts and 3,000 employees. Demeco performs about 100,000 removals of individuals and 10,000 transfers annually.
Its different services are divided into three branches: the removal of individuals, of companies and governments, and industrial transfers.

Exited participation

Co-Investment
Investment date : 11/07/2007
Country : United States
Sector : Consumer goods and services
Website : http://www.covenantdove.com


Skilled nursing facilities in the US providing short and long-term health care services nationwide.

Exited participation

Buyout
Investment date : 12/06/2007
Country : France
Sector : Consumer goods and services
Website : http://www.spotlessgroup.eu


Eau Ecarlate, founded in 1851, is one of the market leaders in laundry and home cleaning products in France. Ardian purchased the company in late 2005, which was the starting point of Spotless Group.

“Product innovation and a strong commercial network allowed it to maintain a high rate of growth between 2005 and 2010.”

Pierre Le Tanneur
CEO of the Spotless Group

Exited participation

Expansion
Investment date : 04/06/2007
Country : France
Sector : Healthcare and life sciences
Website : http://www.synerlab.com


SynerLAB is one of the leading French Contract Manufacturing Organisations of generic and ethical pharmaceutical products (i.e. patent protected and prescription sales) supplying laboratories. SynerLAB focuses on dry pharmaceutical forms including capsules, tablets, powders, granules etc and liquid forms such as syrups and mixtures.

Exited participation

Buyout
Investment date : 01/06/2007
Country : France
Sector : Consumer goods and services
Website : http://www.diana-ingredients.com


Diana Ingredients is a Group specialised in producing and selling natural ingredients used in the pet food, human food and beverages and pharmaceutical industries.
The Group is N°1 in flavours for pet food and has leading positions in natural extracts and culinary ingredients and employs more than 1,000 people and has 17 plants across the world (Europe, United States, Latin America and Australia).

Exited participation

Private Debt
Investment date : 01/06/2007
Country : Lithuania
Sector : Technology, Media and Telecom
Website : http://www.bite.lv


Bité Group provides mobile telephony, integrated applications and wireless communication services to the general public and businesses in Lithuania and Latvia.
The group comprises UAB Bité Lithuania, which has operated since 1995, and SIA Bité Latvia, which entered the market when it purchased a 3G (UMTS) licence in September 2005.

Infrastructure
Investment date : 22/05/2007
Country : Italy
Sector : Energy

In 2007, Ardian Infrastructure funds signed an agreement with the Italian industrial group Tozzi (100% owned by the Tozzi family) to acquire a 30% stake in some of wind farms built in Italy by its renewable energy subsidiary, Tozzi Renewable Energy (TRE).

As part of this transaction, Ardian Infrastructure funds took a participation in the two following wind farms.
Daunia Calvello – 41.4MW in Apulia (commissioned in July 2007);
Daunia Serracapriola – 42.0MW in Apulia (commissioned in February 2009).

Exited participation

Private Debt
Investment date : 01/05/2007
Country : France
Sector : Consumer goods and services
Website : http://www.stokomani.com


Stockomani is a specialised retailing chain of branded discounted products, operating a network of suburbans stores.

Exited participation

Infrastructure
Investment date : 06/04/2007
Country : France
Sector : Utilities
Website : http://www.saur.com


The Saur Group is one of the three historic leaders in outsourced management of services for local authorities in the fields of water and waste management in France. In France, the group serves 12 million of consumers in 10 000 collectivities in 2011. The Saur Group is also one of the leaders on the French market for the design/construction of infrastructures linked to water treatment.

Exited participation

Private Debt
Investment date : 01/04/2007
Country : Sweden
Sector : Healthcare and life sciences
Website : http://www.phadia.fr


Phadia, founded in 1967, is a world leader in the manufacture of in-vitro testing systems for clinical diagnosis and the second largest player in the manufacture of in-vitro testing systems for clinical diagnosis of autoimmune diseases in 2010.

Exited participation

Co-Investment
Investment date : 08/03/2007
Sale Date : 01/03/2016
Country : Lithuania
Sector : Technology, Media and Telecom
Website : http://www.bite.lv


Bité Group provides mobile telephony, integrated applications and wireless communication services to the general public and businesses in Lithuania and Latvia.
The group comprises UAB Bité Lithuania, which has operated since 1995, and SIA Bité Latvia, which entered the market when it purchased a 3G (UMTS) licence in September 2005.

Exited participation

Private Debt
Investment date : 01/03/2007
Country : Belgium
Sector : Construction and building materials
Website : http://www.aliplast.com


Aliplast, founded in 1984, is one of Europe’s leaders in aluminium profiles for windows, verandas and doors in France, Belgium and the UK in 2007.

Exited participation

Private Debt
Investment date : 01/03/2007
Country : France
Sector : Construction and building materials
Website : http://www.kp1.fr


KP1, created in 1993, is a French leading producer of prefabricated concrete elements focusing on floors and structural systems for the building industry in 2013.

Exited participation

Expansion
Investment date : 12/02/2007
Country : France
Sector : Construction and building materials
Website : http://www.trecobat.fr


The Trecobat Group is a leader in the business of construction of wooden houses and the major regional player in the Brittany. With a turnover of €105m in 2006 and more than 1,000 homes sold during the year, the Trecobat Group is experiencing significant annual growth since 1996.

Exited participation

Private Debt
Investment date : 01/02/2007
Country : Germany
Sector : Industrials
Website : http://www.cabb-chemicals.com


CABB is a German specialty chemicals company and a world leader in the production of monochloroacetic acid (MCAA) and a broad range of specialty intermediate products applied in the PVC, pharmaceutical, agrochemical and healthcare industries. CABB has a major presence in Europe, North and South America.

Exited participation

Private Debt
Investment date : 01/02/2007
Country : Spain
Sector : Business services
Website : http://www.everis.com


Everis is a Spanish consulting firm with 13 branches in 7 countries in 2007, set up by ex-managers at Accenture and specialising in IT systems.

Exited participation

Co-Investment
Investment date : 10/01/2007
Sale Date : 01/03/2016
Country : France
Sector : Technology, Media and Telecom
Website : http://www.tdf.fr


French number 1 in infrastructure equipment, including radio-telecommunication, TV and mobile phone masts. Based on its 18% equity stake and a seat on the board, Ardian plans to contribute to the improvement in the company's operational and strategic deployment in France and abroad.

Exited participation

Private Debt
Investment date : 01/01/2007
Sale Date : 31/08/2017
Country : France
Sector : Consumer goods and services
Website : http://www.lampeberger.fr


In 2007, Lampe Berger is the specialist in indoor perfumes, with its system of decorative catalytic lamps and is present in France, Europe, the USA, Canada and Asia, where it has had remarkable success.

Growth
Investment date : 24/12/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.brainsonic.com

Brainsonic is one of the European leaders in the production of Rich Media and Internet TV content for communication, marketing and training purposes. Brainsonic’s procedures, staff and systems make it possible to deliver content combining Internet media with audio/video for businesses with flexibility, quality and prices that finally put the use of Rich Media within reach of all. Brainsonic’s customers include Adobe, Auchan, BNP Paribas, Bouygues, EMI, Essilor, Fortis, General Electric, IBM, La Mondiale, Microsoft, PPR, Société Générale, Sun, Vinci...

Growth
Investment date : 12/12/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.netboostergroup.com

Founded in 1998, Netbooster is an interactive group specialized in On-line Marketing. Netbooster Agency offers an expertise in marketing advice, development of customer loyalty and on-line recruitment, referencing, sponsored links, membership, purchase media, data-marketing, generation of internet traffic. Netbooster is listed on Alternext.

Exited participation

Infrastructure
Investment date : 03/12/2006
Country : United Kingdom
Sector : Utilities
Website : http://www.sita.co.uk


The 28-year PFI contract covers integrated waste services and includes the construction of a waste-to-energy project in Northumberland.

Exited participation

Buyout
Investment date : 22/11/2006
Country : Germany
Sector : Industrials
Website : http://www.cabb-chemicals.com/


CABB is a German specialty chemicals company and a world leader in the production of monochloroacetic acid (MCAA) and a broad range of specialty intermediate products applied in the PVC, pharmaceutical, agrochemical and healthcare industries. CABB has a major presence in Europe, North and South America.

Exited participation

Co-Investment
Investment date : 13/11/2006
Country : France
Sector : Energy
Website : http://www.keolis.com/


Keolis is one of the leading private French public transport operator specialising in the operation of bus, tram, underground and regional trailway networks. The company's business is divided between France (60% of revenue) and abroad via numerous joint ventures in the UK, Germany, Scandinavia, Sweden, Netherlands, Belgium and Canada.

“Ardian has helped Keolis develop into a truly global and profitable transportation company. The success and growth which Keolis benefited during our partnership illustrates the willingness of Ardian teams to support and guide our development. They allowed us to strengthen the existing management structure, but also to achieve our growth plans abroad, by carefully studying each stage of development.”

Michel Bleitrach
former CEO of Keolis

Exited participation

Co-Investment
Investment date : 11/11/2006
Country : United States
Sector : Construction and building materials
Website : http://www.rscrental.com


Second largest company in terms of revenues and warehouse stores in the US equipment rental market mainly for construction companies and industry.

Exited participation

Private Debt
Investment date : 01/11/2006
Country : Netherlands
Sector : Technology, Media and Telecom
Website : http://www.ziggo.com


Casema, Multikabel and Kabelcom group together three of the four main cable companies in the Netherlands and, as such, they are the biggest cable operators in the country ahead of UPC Nederland, with 3.4 million subscribers and a 55% share of the Dutch cable market in 2010.

Exited participation

Growth
Investment date : 28/10/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.budget-telecom.fr


Budget Telecom is a European leader of services of telecommunications at a discount price. The company provides a comprehensive range of telecommunication services: fixed or mobile, national and international, traditional or VoIP as well as a range of low-cost internet access. The company is listed on Alternext since 2006.

Exited participation

Expansion
Investment date : 25/10/2006
Country : Germany
Sector : Industrials
Website : http://www.ktp-online.de


KTP Kunststoff Palettentechnik manufactures and markets storage and transport solutions, particularly folding containers for large volumes and plastic palettes. Based in Bous, near Saarbruecken, the company employs 60 people in 2006. Its main customers are automotive and parts manufacturers.

Exited participation

Infrastructure
Investment date : 21/10/2006
Country : United Kingdom
Sector : Utilities
Website : http://www.sita.co.uk


The 30-year PFI contract covers integrated waste services and includes the construction of a waste-to-energy project in Cornwall.

Exited participation

Co-Investment
Investment date : 20/10/2006
Sale Date : 02/08/2016
Country : Netherlands
Sector : Technology, Media and Telecom
Website : http://www.nxp.com


One of the world's leader in the conception and manufacturing of semiconductor components, mainly for specific applications in very diverse sectors, particularly in automotive, electronics and mobile communications.

Exited participation

Buyout
Investment date : 19/10/2006
Country : France
Sector : Construction and building materials
Website : http://www.gerflor.com


Gerflor, headquartered in Villeurbanne (69), is specialised in the manufacture and distribution of vinyl (PVC) flooring for professional as well as residential applications.In 2010, the group employs more than 1900 people around the world and operates 7 production facilities located in France, in Ireland, in Germany, in China and in Thailand.

Exited participation

Private Debt
Investment date : 01/10/2006
Country : France
Sector : Energy
Website : http://www.spie.com


In 2011, with 28,600 employees working from nearly 400 locations in 31 countries, Spie is the European leader in electrical and mechanical engineering and HVAC services, energy and communication systems. SPIE enhances the world around us and contributes to its development by helping local and regional authorities and companies design, build, operate and maintain greener, more energy-efficient facilities.

Exited participation

Private Debt
Investment date : 01/10/2006
Country : France
Sector : Business services
Website : http://www.staci.com


In 2006, Staci is a French specialist in logistics for non strategic purchasing.

Exited participation

Private Debt
Investment date : 01/10/2006
Country : France
Sector : Industrials
Website : http://www.unither-pharma.com


Unither is a sub-contractor in the pharmaceutical and cosmetics industry. The group is one of the leading player in several niche markets such as the manufacture of single sterile doses without preservatives using the BFS process, effervescents, suppositories, creams, gels, and liquid sticks. The unitranche financing will give to the company the resources to finance its investment plans. Partner of the company since November 2006, Ardian’s Mezzanine team was able to propose quickly an innovative private debt financing type, responding to the specific needs of Unither to support its growth.

Exited participation

Co-Investment
Investment date : 19/09/2006
Country : Sweden
Sector : Technology, Media and Telecom
Website : http://www.comhem.se


"Triple Play” - TV, broadband internet and telephone - services provider for one third of Swedish households, making it the leading company on the Swedish market.
Secondary LBO following the merger of Com Hem and UPC Sweden.

Expansion
Investment date : 14/09/2006
Country : France
Sector : Construction and building materials
Website : http://www.champeau.fr

The Champeau Group is the leading French manufacturer of wood roof truss systems used mainly in the construction of residential houses.
Based in Limoges, the Champeau Group has 460 employees and 12 production sites in France in 2006.

Growth
Investment date : 11/09/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.oxxius.com

Oxxius is an innovative young company, established in 2002 to bring disruptive solutions to the market of lasers in the visible wavelengths range. The company develops advanced laser modules targeting applications in bio sciences, metrology, spectroscopy and other instrumentation applications, for both research and industrial customers.

Exited participation

Buyout
Investment date : 01/09/2006
Sale Date : 02/12/2012
Country : France
Sector : Aerospace and defense
Website : http://www.alvest.fr/


Alvest is a company dedicated to the design, manufacturing and distribution of technical products for the aviation industry. This includes aviation ground support equipment, spare parts and services, and technical adhesives and markings for the aerospace and industrial markets. Alvest has more than 1,800 employees, a global proprietary sales and after-sales network, and operates 10 factories in the United States, Canada, France and China which together serve customers in over 130 countries.

Exited participation

Private Debt
Investment date : 01/09/2006
Sale Date : 01/08/2012
Country : Italy
Sector : Consumer goods and services
Website : http://www.limoni.com


In 2006, Limoni is a leading retailer of perfumes and beauty products in Italy.
Limoni operates a network of retail outlets in first rate shopping areas.

Exited participation

Co-Investment
Investment date : 13/08/2006
Country : France
Sector : Healthcare and life sciences
Website : http://www.medica-france.fr


A french leader in the management of retirement homes and specialists in providing accommodation for old persons requiring long term care. Ardian was approached to take a minority stake during the transaction. Ardian's presence provides reassurance for the various bodies that deal with Medica in the field of sheltered retirement homes with medical staff, where regulations are becoming increasingly stricter.

Exited participation

Co-Investment
Investment date : 07/08/2006
Country : United States
Sector : Construction and building materials
Website : http://www.roofingsupplygroup.com


RSG is the 6th largest B2B distributor of roofing products in the United States with over 55 sales outlets, particulary in Southern USA.
Ardian was able to share with RSG the expertise in the sector it has gained from an equivalent investment in France.

Exited participation

Co-Investment
Investment date : 06/08/2006
Sale Date : 01/08/2015
Country : Netherlands
Sector : Technology, Media and Telecom
Website : http://www.nielsen.com


A world leader in publications for and surveys of audience levels in television, radio, press and Internet and marketing information. Previously known as VNU.

Exited participation

Private Debt
Investment date : 01/08/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.numericable.fr


The merger of Ypso and Eno and the later acquisition of UPC-Noos, resulted in the creation of the leader in cable broadband connection in French-speaking Europe, particularly France, Belgium and Luxembourg.

Numéricâble provides services in analogic and terrestrial digital television, broadband Internet, and VOIP telephony; mainly to residential subscribers but also to companies.

Co-Investment
Investment date : 06/07/2006
Country : China
Sector : Technology, Media and Telecom
Website : http://www.easou.com

Easou is a leading mobile Internet search engine company, which ranks as No.2 in mobile searching market just behind Baidu in China (Enfodesk, September 2010). 70% of its sales comes from advertisement with more than 30,000 clients.

Exited participation

Private Debt
Investment date : 01/06/2006
Country : Germany
Sector : Energy
Website : http://www.railone.com


Rail.One (previously known as Pfleiderer Track Systems) is , in 2006, a major player in the rail track industry for which it provides sleepers with or without ballast. Its high level of expertise means it participates in international infrastructure projects. With its 7 plants in 2006 locted in Germany, hungary, Romania and Spain, Rail.One is well established in Europe and is pursuing a strategy of development in strong growth markets.

Exited participation

Buyout
Investment date : 01/04/2006
Country : Germany
Sector : Energy
Website : http://www.railone.com


Rail.One (previously known as Pfleiderer Track Systems) is a major player in the rail track industry for which it provides sleepers with or without ballast. Its high level of expertise means it participates in international infrastructure projects. With its 7 plants in 2006 locted in Germany, hungary, Romania and Spain, Rail.One is well established in Europe and is pursuing a strategy of development in strong growth markets.

Exited participation

Private Debt
Investment date : 01/04/2006
Country : France
Sector : Business services
Website : http://www.credirec.com


In 2010, Credirec is a major player in France in civil debt recovery collection on behalf of third parties and works with most of those banks and consumer credit organisations that have already outsourced or sold off their portfolios.The development of an extensive database on recovery models, its qualified experienced staff has turned Credirec into the reference player on the French market.

Private Debt
Investment date : 01/04/2006
Country : France
Sector : Business services
Website : http://www.rld.fr

Régie Linge specialises in the cleaning and rental of flat linen and working apparel, hygiene products and sanitary equipment and is a supplier to companies in many different businesses (industry, hotels & restaurants, healthcare, services).

Exited participation

Buyout
Investment date : 27/03/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.skyrock.com


Skyrock was founded in 1985 by Pierre Bellanger, its current chairman, and is the leading expression platform for the new generation of 13-24 year olds through its radio station and a website dedicated to blogs.

Exited participation

Expansion
Investment date : 27/03/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.skyrock.com


Skyrock was founded in 1985 by Pierre Bellanger, its current chairman, and is the leading expression platform for the new generation of 13-24 year olds through its radio station and a website dedicated to blogs.

Exited participation

Expansion
Investment date : 12/03/2006
Country : France
Sector : Business services
Website : http://www.credirec.com


In 2010, Credirec is a major player in France in civil debt recovery collection on behalf of third parties and works with most of those banks and consumer credit organisations that have already outsourced or sold off their portfolios.The development of an extensive database on recovery models, its qualified experienced staff has turned Credirec into the reference player on the French market.

Exited participation

Co-Investment
Investment date : 25/02/2006
Country : Poland
Sector : Technology, Media and Telecom
Website : http://www.aster.pl


Aster City was set up in 1994 and today is the 4th largest cable TV - Internet provider in Poland (and the no. 1 in the capital Warsaw).
In 2006, the company covers 746,000 homes and manages around 360,000 pay-TV subscriptions, 87,000 Internet subscriptions and 16,000 telephone subscriptions.

Exited participation

Buyout
Investment date : 01/02/2006
Country : France
Sector : Consumer goods and services
Website : http://www.aixam.com


Aixam Mega is the European no. 1 in the design, manufacture and sale of vehicles that can be driven with no driving licence:
A range of four-door sedans and convertibles under the Aixam brand
A range of commercial vehicles under the Mega brand,
Aixam Méga controls the entire value added chain via 2 production-assembly plants in Chanas and Aix-les-Bains.
In France, the vehicles are marketed by a network of 107 distributors and 84 sales agents which gives Aixam Mega a very structured sales organization with extremely wide geographical coverage.

Exited participation

Infrastructure
Investment date : 08/01/2006
Country : France
Sector : Transport
Website : http://www.sanef.com


SANEF is the third largest motorway operator in France and the forth-largest in Europe in 2006. It manages two motorway concessions: SANEF, a motorway network of 1,375 kilometres (854 miles) situated in northern and eastern France, and SAPN, a network of 368 kilometres (229 miles) linking Paris to Normandy.

Growth
Investment date : 04/01/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.ebuyclub.com

Founded in 2000, eBuyClub is a company positioned as a purchasing social network and offers various Internet services to facilitate on-line purchases and create savings. eBuyClub develops and offers services to achieve cash-savings with a cash back website, a price comparison website, codes and promotional services in physical stores.

Exited participation

Private Debt
Investment date : 01/01/2006
Country : France
Sector : Consumer goods and services
Website : http://www.aixam.com


Aixam Mega is the European no. 1 in the design, manufacture and sale of vehicles that can be driven with no driving licence:
A range of four-door sedans and convertibles under the Aixam brand
A range of commercial vehicles under the Mega brand,
Aixam Méga controls the entire value added chain via 2 production-assembly plants in Chanas and Aix-les-Bains.
In France, the vehicles are marketed by a network of 107 distributors and 84 sales agents which gives Aixam Mega a very structured sales organization with extremely wide geographical coverage.

Exited participation

Private Debt
Investment date : 01/01/2006
Country : France
Sector : Technology, Media and Telecom
Website : http://www.sogetrel.fr


In 2006, the independent group Sogetrel is a leader in France for the integration engineering of voice/data/image networks and is the third largest operator in the market for the management and maintenance of video communications networks.

Exited participation

Private Debt
Investment date : 01/12/2005
Country : France
Sector : Technology, Media and Telecom
Website : http://www.fransbonhomme.fr


Frans Bonhomme is leader in France in the B2B distribution of plastic tubing and related products.
The company has a network of around 300 specialist outlets spread across the whole country. In the field of tubing Frans Bonhomme has a wide range of products (anti-corrosion, reliability, ease of use and installation).

Exited participation

Private Debt
Investment date : 01/12/2005
Country : Germany
Sector : Industrials
Website : http://www.neumayer-tekfor.com


Neumayer Tekfor is a sub-contractor in the motor vehicle industry, specialised in the manufacture of transmission parts for motors and steel chassis.

Exited participation

Buyout
Investment date : 16/11/2005
Country : France
Sector : Industrials
Website : http://www.eliokem.com


Eliokem is a specialty chemicals group with headquarters in Villejust (near Paris, France). In 2010, the group employs around 670 people around the world and owns 4 production facilities located at Le Havre (France), Akron (Ohio, USA), Ningbo (China) and Valia (Gujarat, India) as well as representative offices in Europe, Asia and The Americas, and a network of 86 distributors.The company has leading positions in a broad range of niche applications

Exited participation

Private Debt
Investment date : 01/11/2005
Country : France
Sector : Consumer goods and services
Website : http://www.abrisud.com


In 2010, Abrisud is a leader in France in the manufacture of swimming pool covers and enjoys from strong growth in the French swimming pool market.

Exited participation

Co-Investment
Investment date : 31/10/2005
Country : France
Sector : Construction and building materials
Website : http://www.rexel.fr


Global leader in the B2B distribution of electrical equipment with a presence in 29 countries, mainly France, USA, Canada, Germany, UK and Australia.

Exited participation

Expansion
Investment date : 01/09/2005
Country : France
Sector : Construction and building materials
Website : http://www.sotralu.fr


Based in Muret (France), Sotralu conceives, manufactures, and commercialises a complete range of locks and carriages for aluminium doors and sliding windows.

Ardian accompanied Sotralu successfully since September 2005 focussing on maintaining its quality of service and innovation, and the conquest of new markets with new products.

Exited participation

Co-Investment
Investment date : 16/08/2005
Country : United States
Sector : Aerospace and defense
Website : http://www.spiritaero.com


The world’s largest manufacturer of airliner fuselage components supplying Boeing for all of its current models.

Exited participation

Co-Investment
Investment date : 13/08/2005
Country : United Kingdom
Sector : Business services
Website : http://www.kwik-fit.com


One of the European leaders in fast car repair (mainly tyres, exhausts and brakes) with a network of 1,685 service centres and 215 mobile units in the UK, Holland, France (under the brand Speedy) and Germany (under the brand Pit-Stop).

Exited participation

Co-Investment
Investment date : 05/08/2005
Country : Denmark
Sector : Business services
Website : http://www.chr-hansen.com


CHR Hansen is one of the world leaders in the supply of natural ingredients for the food processing industry.
No. 1 in the market for cultures and enzymes for the dairy industry and for natural colourings and amongst the best in the flavourings sector.

Exited participation

Co-Investment
Investment date : 02/08/2005
Country : Denmark
Sector : Business services
Website : http://www.issworld.com


One of the world’s largest B2B service groups (cleaning, maintenance, catering etc,).

Exited participation

Buyout
Investment date : 12/07/2005
Country : France
Sector : Consumer goods and services
Website : http://www.benedicta.com/


In 2005, Bénédicta is number 1 on the French specialty sauces market and number 2 in France for mayonnaise sauces. The company offers a wide range of products in France and (to some extent) in the UK. The company employs 235 people (including 180 in production and 24 sales staff) at 3 sites: Seclin, Pont-de-Briques and Rueil-Malmaison (head office). The company now earns nearly 85% of its revenues with products under the Bénédicta brand compared to only 60% five years ago.
Building on the reputation of its sales force and on its know-how, Bénédicta is also, since 1 July 2005, exclusive distributor for products carrying the Italian brand name Carapelli, well known for its various types of olive oil.

Growth
Investment date : 29/06/2005
Country : France
Sector : Technology, Media and Telecom
Website : http://www.pcsoft.fr

PC SOFT is a software company specializing in the design of professional development tools: PC, Mobile, Internet, Cloud, etc. and under all operating systems: Windows, Linux, Android, iOS, etc.
The integrated development platform WINDEV enables to generate application softwares with a unique code regardless of the target. The company is leader in its field in France and is a competitor of the major publishers in the market (Visual Studio, Java, etc.).

Exited participation

Buyout
Investment date : 14/01/2005
Country : France
Sector : Consumer goods and services
Website : http://www.camaieu.fr


Camaïeu is the leader in France for ready-to-wear ladies fashion clothes in 2007. The group designs and markets its own collections, aimed at young women between 20 and 40 looking for seductive, easy to wear and affordable wear. It has 3 million customers and an excellent brand image.

Exited participation

Growth
Investment date : 07/01/2005
Country : France
Sector : Technology, Media and Telecom
Website : http://www.arpson.com


Founded in 1996, Arpson is an independent European software publishing company. Its Arpson Office suite covers the full range of needs in the fields of asset management, market transactions and cash management.

Exited participation

Buyout
Investment date : 10/12/2004
Country : Germany
Sector : Construction and building materials
Website : http://www.gealan.de


Gealan is one of the main manufacturers of PVC profiles for doors and windows. The group offers three ranges of products and operates across the whole of Europe, particularly in the emerging markets of Eastern Europe such as Romania, Slovakia and the Baltic states.

Exited participation

Growth
Investment date : 22/09/2004
Country : France
Sector : Technology, Media and Telecom
Website : http://www.modelabs.com


Customized design manufacturer specialising in the creation and development of made-to-measure mobile telecoms terminals.

Exited participation

Expansion
Investment date : 16/09/2004
Country : France
Sector : Business services
Website : http://www.lowendalmasai.com


Consultancy specialised in the reduction of social security, tax and operating costs for major industrials and for local authorities.

Exited participation

Buyout
Investment date : 08/01/2004
Country : France
Sector : Consumer goods and services
Website : http://www.irm-sa.fr


Based in Luçon (in the Vendée) and founded by Mister Jean Tessier, the IRM group (Idéal Résidence Mobile) is the French leader in the production and sale of mobile homes.
A pioneer in the market in 2004, the group has increased sales over the last 10 years at an average rate of 25%. Based on an aggressive sales strategy, high quality and innovative products, the competence of its management and an efficient business organization IRM’s market share has risen from around 6% in 1993 to 30% today. The IRM group produces more than 7,500 mobile homes at its 4 production sites in France and in the year 2005-2006 posted revenues of €108 million with an EBITDA margin of more than 11%. The group employs around 550 people.
The IRM product range falls into two categories: (i) “rental” models intended for camp sites and tour operators who rent mobile homes to individuals for seasonal holidays;(ii) “residential” models intended for individuals who use their mobile home as a second residence.

Exited participation

Expansion
Investment date : 08/01/2004
Country : France
Sector : Construction and building materials
Website : http://www.sateco.fr


Sateco was founded in Morocco in 1953. The company specialises in the design and production of metal structures for the construction industry.

Sateco offers shuttering in a complete range of materials for poured concrete, and for on-site safety.
Sateco also works in close collaboration with the leading buyers of sub-contract work in the design and production of machine-welded assemblies;
Sateco also offers servicing activities.

Exited participation

Growth
Investment date : 08/04/2003
Country : France
Sector : Technology, Media and Telecom
Website : http://www.iliad.fr


A French ISP specialising in broadband (Euronext – ILD).
Free

Growth
Investment date : 01/12/2002
Country : France
Sector : Technology, Media and Telecom
Website : http://www.planisware.com

Founded in 1996, Planisware is a software publisher offering an integrated project management software. Planisware has been chosen by more than 150 customers around the world, and addresses a 200 000 user base in the pharmaceutical, aerospace, automotive, energy, engineering and maintenance industries.

Exited participation

Growth
Investment date : 16/02/2000
Country : France
Sector : Technology, Media and Telecom
Website : http://www.seloger.com


Today Poliris is market leader for property small ads with its sites seloger.com and immostreet.com. (Euronext Paris – SLG).

Exited participation

Buyout
Investment date : 18/06/1998
Country : France
Sector : Technology, Media and Telecom
Website : http://www.linedata.com


Early 1998, Ardian teamed up with managers of GSI Banque in the takeover of their company. At the time revenues stood at €12m with 80 employees. Six months later, GSI Banque merged with Linedata, an IT firm specialising in management solutions for collective investments and employee savings schemes. The newly constituted group then set out, with the ongoing support of our staff, in pursuit of an intense policy of acquisition. This strategy of build-up culminated in the acquisition of eight firms in Europe and USA in just a few years, followed by the company’s IPO in May 2000. By 2003, when Ardian pulled out, revenue had surged by a factor of 8 to € 100m. Trading margins stand at over 16% and the group employs nearly 700 people in Europe and USA.

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