Announced
Completed
Financials
Sources
Tags
France
Friendly
Cross Border
Private Equity
Delivery Services
Single Bidder
Private
Completed
Acquisition
Majority
vehicle delivery
Synopsis
Crédit Agricole, a French international banking group, completed the acquisition of Hiflow, a vehicle transport solution for professionals, from Hi Inov Dentressangle, an investment firm. Financial terms were not disclosed. "Hi Inov has been involved in all our major strategic decisions. Their advice enabled us to take the necessary distance to make the choices that led us to become the European leader. Hi Inov’s positioning as an entrepreneur-investor is not an empty word, it has enabled us to build a quality relationship over the long term. Furthermore, Hi Inov has opened up its network of contacts and its community of experts to us, all of which were key factors in creating structuring opportunities over the long term,” Claire Cano-Houlier and Idriss Hassim, Hiflow Co-Founders.
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