Naxicap Partners completed the acquisition of a majority stake in QUALI Group.

Naxicap Partners, a private equity firm, completed the acquisition of a majority stake in QUALI Group, a manufacturer of recreational and sports equipment. Financial terms were not disclosed. "We are delighted to support Patrick Gueguen and Jean-Christophe Malgonne in this ambitious and innovative project, carried by the promotion of sport, the importance of health and well-being of citizens in France and internationally. The quality of the Group, its teams, its products, and the project have convinced us along with the many already activated growth avenues: strengthening of territorial mesh, opening of new countries, external growths, constant innovation related to new uses, and operational and industrial excellence, " Sophie Pourquéry, Naxicap Co-Head of Naxicap Small Cap.