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Announced

Completed

Blue Altitude Invest completed the acquisition of YellowKorner from Latour Capital.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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France

Private Equity

Friendly

Online and Social Platforms

Domestic

Private

Majority

online platform

Acquisition

Single Bidder

Completed

Synopsis

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Blue Altitude Invest, a family investment company, completed the acquisition of YellowKorner, an operator of an online platform intended to democratize art photography, from Latour Capital, an independent French private equity firm. Kernel Investissements and Middlebury Investment also exit investment. Financial terms were not disclosed. "We are proud to have backed YellowKorner throughout a key period of its development. The company has successfully strengthened its foundations, while nurturing the sustained growth of its multi-channel distribution network and the recognition of its brand, in France and internationally. YellowKorner is ideally positioned to benefit from favorable market trends in home care and e-commerce, and we wish them the best for the future alongside BAI," Philippe Léoni, Latour Founding Partner.

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