IDIA CAPITAL INVESTISSEMENT, BNP PARIBAS DEVELOPPEMENT & MULTICROISSANCE invest in RECAERO

The Pobeau family reorganised the shareholding of RECAERO, the aeronautical parts manufacturer based in Verniolle, Ariège, bringing in a pool of regional and national investors made up of Grand Sud Ouest Capital, SOFILARO, IDIA Capital Investissement, BNP Paribas Développement and Multicroissance. IXO Private Equity, which had backed the company for several years, including through the Covid crisis and the war in Ukraine, sold its stake, while the family stayed at the head of the group with Nicolas Pobeau as chairman. GSO Financement, the private debt fund of the Crédit Agricole regional banks of the Grand Sud-Ouest, provided the financing. The new shareholders were to support a growth phase combining organic development and international expansion, particularly towards North America, along with a stronger industrial value chain to meet rising demand from the defence sector. The investor pool was represented by Laurent Mazard, Amandine Bachelot, Manuel Potier, Adrien Tawegoum, Emmanuel Del Agua, Philippe Disconzi and Laurent Sauvade, with Cédric Fontaine and Sandrine Vieux-Rochas also involved for IDIA Capital Investissement. Véronique Bernat led the financing for GSO Financement, and managing partner Jean-Luc Rivière handled the exit for IXO Private Equity.