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Announced

Completed

Armen completed the acquisition of a 32% stake in Jolt Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For32%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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deeptech

France

Private Equity

Domestic

Friendly

Acquisition

Completed

Minority

Private

Private Equity

Single Bidder

Synopsis

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Armen, a company which invests in European alternative investment companies, completed the acquisition of a 32% stake in Jolt Capital, an European investor in deeptech growth companies. Financial terms were not disclosed. "Jolt has everything to interest us: a top-quality team and a leading position in a fast-growing sector where financing requirements and the volume of new projects are considerable," Dominique Gaillard, Armen Chairman.

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