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Announced

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21 Invest France completed the acquisition of Agorastore for €40m.

Synopsis

21 Invest France, an investment firm, completed the acquisition of Agorastore, an auction specialist for local authorities and professionals, for €40m. “Our strong growth in recent years has shown how our digital auction solutions perfectly meet the environmental, economic and regulatory challenges of our public and private clients, who are growing in number every day. The entry of 21 Invest France into our capital, accompanied by Bpifrance, will strengthen our capacity for organic growth and acquisitions. Their entrepreneurial mindset combined with their financial and strategic support are perfectly in line with our strong development ambitions in France and internationally," Olivier de La Chaise, Agorastore CEO.

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