Astorg takes majority stake in Redslim

The private equity firm Astorg, investing through its Astorg Mid-Cap vehicle, has entered into a binding agreement to acquire a majority equity stake in data management platform Redslim from its founders and historical investment partner Andera Acto. Announced in November 2024, the transaction orchestrates a primary recapitalization wherein founders Eric Bensimon, Alberto Alcaniz, Soren Altmann, and Patric Mezei execute a substantial equity reinvestment alongside the broader executive management team to maintain significant ongoing exposure. The transaction enables the partial exit of institutional investor Andera Acto, represented by Laurent Fichter, Antoine Soucaze, and Cécile Ah-Fa, following an initial capital reorganization executed in 2022. At the time of this majority buyout, the business had sustained an annual expansion rate of 30% to 40% over the preceding four years. The platform represents the sixth platform asset integrated into the Astorg Mid-Cap portfolio and marks the fund's third deployment within the software and technology practice. Under the leadership of Co-Chief Executive Officers Eric Bensimon and Alberto Alcaniz, the enterprise aligns with the incoming sponsor to pursue an accelerated development trajectory steered by Astorg partners Lionel de Posson and Charles-Hubert Le Baron. The post-acquisition roadmap prioritizes substantial capital allocation toward research and development, continuous enhancements of proprietary platform functionalities, the scaling of dedicated commercial teams, and geographic expansion into new international jurisdictions outside historical verticals. On the advisory side, the exiting shareholders, founders, and company mandated Edmond de Rothschild Corporate Finance.

The acquisition of Redslim is part of the growth strategy of Astorg, which already has several external growth operations under its belt, notably Lebronze Alloys in 2024.