Societe Generale Capital Partenaires, Bpifrance and Crédit du Nord completed the €40m investment in Foliateam.

Societe Generale Capital Partenaires, a private equity firm, Bpifrance, a French investment bank, Crédit du Nord, a French retail banking network, and Idinvest Partners, a private equity firm, completed the €40m investment in Foliateam, a company providing telecommunication services. Thanks to this new round of financing, the company will have the resources to reach the goal set in its UP2026 plan. The plan is to grow the company up to 100m€ of sales and become one of the leading providers for secured multi-cloud collaboration and customer relationship telecom services in France, thanks to a unique UCaaS catalog of offers and a one-of-a-kind expertise on Avaya, Alcatel, Mitel, Kiamo, Microsoft Teams & Zoom platforms.