ANAVEO completed the acquisition of AZMAN from Initiative & Finance.

ANAVEO, a French security company, completed the acquisition of AZMAN Groupe Securite, a provider of security and safety solutions, from Initiative & Finance, a private equity firm. Financial terms were not disclosed. "In recent years, the solutions we offer to our customers as well as the quality of our technical service have enabled us to conquer many market shares in Ile de France and to post double-digit growth! For AZMAN, joining the ANAVEO Group is the opportunity to take a new step by developing our offer on the national territory while benefiting from the dynamics of an ambitious group," Cedric Wizman, AZMAN Group Director and Founder.