EVERNEX acquired by 3I

Evernex has acquired CAT Sistemas as part of its European buy-and-build strategy. This acquisition strengthens Evernex's footprint in Southern Europe (Spain) and consolidates its position as a leading independent maintainer.

Evernex has completed a targeted platform optimization by executing the 100% acquisition of TTS France, marking a strategic build-up within its technical services portfolio. This transaction follows the concurrent cross-border acquisition of the Spanish IT infrastructure maintenance specialist, CAT Sistemas. The acquisition thesis centers on absorbing highly specialized, niche engineering capabilities rather than expanding the revenue base through large-scale market share. TTS France injects a rare technical expertise in repairing tape drives, library storage units, and high-value data backup systems utilized heavily by laboratories. For Evernex, this service offering represents a high-margin, sticky vertical that is critical for corporate clients requiring sophisticated, long-term data archiving solutions. By integrating this specialized maintenance framework into its broader, international IT service platform, Evernex reinforces its end-to-end life-cycle management capabilities, driving organic cross-selling opportunities across its global enterprise customer base.

The Carlyle Group has acquired a majority stake in Cap Vert Finance from Eurazeo PME in a bilateral (OTC) transaction organized by Shibumi Corporate Finance. The deal values the company at EUR137 million. This "Tertiary LBO" sees management reinvesting significantly to retain ~1/3 of the capital. Eurazeo PME exits after only two years with a 39% IRR. The acquisition is supported by a debt package representing 4-5x EBITDA, including mezzanine debt from Capzanine.

Eurazeo PME has acquired a 57% majority stake in Cap Vert Finance (now Evernex). This transaction replaces the previous minority financial partner, Atria Capital Partenaires, which had supported the company in an initial MBO. The management team, led by the founder and managers, retains a significant minority stake (~43%). The deal aims to accelerate international expansion and double the company's size within 5 years.

Cap Vert Finance has structured a minority Owner Buy-Out (OBO) transaction. Previously held by its founder, Loïc Villers, and three senior executives, the company is opening its share capital to AtriA Capital Partenaires, which is acquiring a significant minority stake through AtriA's Apef III fund. The transaction structures a senior debt package of 8m€ with a seven-year maturity tranche, initially underwritten by LCL with plans for subsequent syndication. The operational scope of the target includes a corporate workforce of 90 employees. The transaction is designed to fund Cap Vert Finance's growth roadmap and geographic expansion. The company, which operates across the IT equipment leasing, financing, refurbishing, recycling, and maintenance segments through its active subsidiaries (AS Lease, Alease, and IB Remarketing), intends to expand its market footprint across Europe, Asia, and South America with targeted corporate acquisitions.