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Announced

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Natixis-backed Vauban Infrastructure Partners completed the acquisition of an additional 38.7% stake in Proxiserve.

Synopsis

Natixis-backed Vauban Infrastructure Partners, an asset management company, completed the acquisition of an additional 38.7% stake in Proxiserve, an energy services company. Financial terms were not disclosed. "The increase of Vauban's stake in Proxiserve is in line with our first investment in the company in 2019. We consider that Proxiserve is not only aligned with Vauban's ESG policy, but that the Company also contributes to creating value over the long term. Proxiserve benefits from a balanced portfolio of businesses, cutting-edge technologies and a highly diversified client base with broad national coverage to provide sustainable services to all. We would like to thank Asterion for this fruitful cooperation between likeminded investors," Vincent Cassagne, Vauban Investment Director and Partner.

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