Announced
Completed
Synopsis
Cathay Capital completed the acquisition of a minority stake in Finance Active, a digital finance solutions provider, to fast-forward its international growth. As part of the transaction, Capzanine will be selling its minority stake in the company. The transaction involved a major investment of Jacques Descourtieux and Patrice Chatard, the founders, as well as the entry into the capital of Finance Active of new key managers. Financial terms were not disclosed. "Finance Active is at the forefront of the digital transformation of finance. The company, its management team and its services consistently receive outstanding feedback from its stakeholders. We are very excited to now support Finance Active in the acceleration of its development and serving as a catalyser in the company's path to become a global leader in debt management solutions," Edouard Moinet, Cathay Capital Managing Partner.
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