CAPZA-backed InnovaFonds completed the acquisition of a minority stake in BSM from Entrepreneur Invest.

CAPZA-backed InnovaFonds, an independent management company, completed the acquisition of a minority stake in BSM, an independent ready-mix concrete specialist, from Entrepreneur Invest, an independent asset management company. Financial terms were not disclosed. “Béton Solutions Mobile has demonstrated its resilience and the quality of its management during the Covid crisis. We are proud to support Phillipe and his teams in strengthening the group and accelerating its development. This operation is at the heart of CAPZA Expansion’s investment strategy, launched with AXA France’s €500m envelope to support SMEs/ETI in their post-crisis rebound,” Christophe Karvelis-Senn, CAPZA CEO.