Announced
Synopsis
Azulis Capital, a private equity firm, agreed to invest in ADVANS Group, a services engineering group specializing in the fields of embedded systems, application software and mechanical design. Financial terms were not disclosed. “We approach this new period with enthusiasm. We are delighted to partner with Azulis, a French investor, entrepreneurial, knowledgeable in our sector, experienced in external growth and committed to keeping human relations at the heart of its strategy, with whom we share common values in terms of ESG, and we thank the managers who entered the capital for their commitment, guaranteeing our excellence. This represents essential strengths to support our development ambitions, especially in terms of M&A, and to succeed in this new stage,” Radomir Jovanovic, ADVANS Founder and CEO.
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