CREDIT MUTUEL EQUITY invests in ONELEC

Private equity firm Crédit Mutuel Equity has acquired a minority equity stake in Onelec. The primary objective of the transaction is to facilitate a comprehensive shareholder restructuring around founder Alain Bahuon, who is rolling over his equity to retain a majority stake and his role as President. Concurrently, the core management team, led by CEO Jean-Christophe Urtado and CFO Jérémy Pialat, is significantly increasing its equity participation, bringing their combined ownership to approximately 40%. The buyout is supported by a senior debt package of under €5 million, mandated to CIC alongside a banking syndicate comprising BNP Paribas, Banque Populaire, and Caisse d'Épargne. This capital reorganization is explicitly designed to underwrite a progressive succession plan. The sponsor's entry directly empowers the management team, preparing for the founder's gradual operational step-down over a three-to-four-year horizon. This transition period is strategically geared toward driving organic top-line momentum, with management targeting €60 million in revenue to ultimately pave the way for a subsequent liquidity event or secondary buyout.