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New Deal


Announced

Completed

21 Invest France completed the acquisition of a majority stake in Conex.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

software publisher

Software

Acquisition

Domestic

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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21 Invest France, a private equity group, completed the acquisition of a majority stake in Conex, a provider of software solutions for customs and security procedures management. Financial terms were not disclosed. "We are very satisfied to have met a partner like 21 Invest on our growth path, who has understood our business and the market opportunities, and is willing to support us in deploying a strategy of conquest. In our search for capital, we chose 21 Invest, given the entrepreneurial and family spirit that drives both our organizations," Alban and Bertrand Gruson, Conex Founders.

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