Sparring Capital completed the acquisition of a majority stake in Génie Flexion.

Sparring Capital, a private equity firm, completed the acquisition of a majority stake in Génie Flexion, a provider of on-site hydraulic hose repair services. Financial terms were not disclosed. We are particularly enthusiastic about supporting Génie Flexion in pursuing its development and would like to thank David Sarny and his teams for their confidence. The partners involved in this transaction, financial shareholders and lenders (banking and mezzanine players), have organized themselves to effectively support the group in its growth strategy, which we will now focus on implementing, in collaboration with the management team and all the company’s stakeholders,” Johann Le Duigou, Sparring Capital Partner.