GROUPE SPATIO acquired by OCÉAN PARTICIPATIONS

Groupe Spatio has been acquired by Sébastien Piffard, with the support of minority investors Océan Participations and Volney Développement (two investment vehicles of Crédit Mutuel, a leading French bank). The deal is structured as a BIMBO, with Piffard joining the company as the new leader and the historical management team remaining in place. The founders of Groupe Spatio are selling their majority stake in the company, but will retain a significant minority interest. The transaction is supported by a senior debt facility of approximately 5 million euros, provided by CIC and Crédit Agricole. The deal is expected to provide Groupe Spatio with the necessary resources and expertise to drive growth and expansion, while also allowing the founders to realize a return on their investment. The BIMBO structure allows for a smooth transition of ownership and management, with Piffard bringing new expertise and leadership to the company.