CHAPSVISION ANNOUNCES A FUNDRAISING OF 90 MILLION EUROS TO STIMULATE ITS GROWTH ON THE EUROPEAN MARKET
Suresnes, September 28, 2023 - ChapsVision, the French data valorization specialist, has raised a new round of €90 M to expand its business in Europe through targeted acquisitions. This round of new financing is being led by Qualium Investissement, with the participation of GENEO, and the company’s historical investors, Tikehau Capital and Bpifrance, who have committed to this new round of funding.
Against a backdrop of a sharp slowdown in investment in the tech field, this new round of financing reflects ChapsVision’s commitment to delivering strong growth and profitability. The company has surrounded itself with a first-class group of investors, all convinced of its ability to successfully achieve the ambitious plan it has set itself.
Olivier Dellenbach, CEO & Founder of ChapsVision, states: “I am delighted to be able to welcome such high-profile investors such as Qualium Investissement and GENEO to join us as partners in our development. We would also like to thank Tikehau Capital and Bpifrance for renewing their faith in us. We have completed a significant step in the growth of the ChapsVision group, which will give us the resources to intensify our dynamic growth strategy. This major financing will enable the Group to meet our targets of €180 M in revenues by the end of 2023, and €250 M of revenues by the end of 2024, and therefore position ChapsVision as a leading European and sovereign provider of mass data processing solutions.”
This new round of financing will enable the Group to:
- strengthen the Group’s presence both in France and internationally in two key business areas – Cyber and Customer Engagement – through new acquisitions that will be complementary to our portfolio of solutions.
- pursue the development of Argonos, the Group’s operating system for large-scale, heterogeneous data.
“We are especially pleased to be leading this major financing round, representing a new milestone for ChapsVision. This new financing will allow the Group to drive forward its expansion and complete the targeted acquisitions that have already been identified. The scale of our fund will also allow us to support further expansion of the group in the future”, declares Jacques Pancrazi, Managing Director of Qualium Investissement.
“We have been supporting ChapsVision since 2021 through dual financing through our debt funds, later joined in 2022 by our cybersecurity dedicated fund. Over the past three years, ChapsVision’s management team has proven its ability to turn the company into a major player in the data management field, a high-stakes sector of strategic interest for the sovereignty of European countries. We are particularly pleased to be able to reaffirm our trust and commitment by taking part in this new round of financing in collaboration with Qualium Investissement, Bpifrance and GENEO,” comments Quentin Besnard, Executive Director at Tikehau Capital.
“Bpifrance is delighted to renew its support and continue to accompany ChapsVision through this fundraising, which gives the Company the means to pursue its strategy of strong growth to become one of Europe’s sovereign leaders in data analysis,” declares Samuel Waddell, Investment Director at Bpifrance.
“We’re thrilled to be joining the ChapsVision adventure. Over and above our desire to support a sovereign tech player, we were particularly impressed by their commitment to impact and CSR, strategic values that bind us together,” adds Delphine Jarnier, Managing Partner at GENEO Capital Entrepreneur.
The advisors that contributed to this operation are:
Advisory: Rothschild, Philippe Dubois de Montreynaud – Clément Darcourt – Paul Gabalda – Fabio Russo
Legal: Cabinet Valther, Idris Hebbat – Thibault Germain
Finance: Y Ventures, Yannick Henriot – William Rischmann
Finance (VDD) : Accuracy, Jean-Alexandre Privesse
Strategy: Altman Solon, Francois-Nicolas Kielwasser
For Qualium Investissement:
Legal: Willkie Farr & Gallagher, Gabriel Flandin -Mathilde Faure
Strategic: Sokrates advisors, Lubomir Mortchev
Finance: EightAdvisory, Boris Bignon – Emir Montacer – Ugo Tardioli
For Tikehau Capital:
Legal: Goodwin, Maxence Bloch – David Diamand
Legal: Sherman & Sterling, Xavier Norlain – Laurent Asquin – Marion Bruère
Legal: PDGB, Roy Arakelian – Guillaume Maître
Finance: Cofigex, Frédéric Durand – Agathe Leclerc -Mathieu Le Bert
As a specialist in sovereign data processing, ChapsVision Group enables businesses and public authorities to succeed in their digital transformation and create value through a software suite built around its system for leveraging massive, heterogeneous data.
With significant investment in R&D for massive data processing and a strategic focus on acquisitions and international expansion, ChapsVision has quickly established a cohesive group consisting of two divisions that cater to sectors with extensive data requirements. One division is dedicated to customer engagement with businesses, while the other offers sovereign solutions focused on cyber intelligence and cybersecurity for defense, intelligence, and security markets.
Founded in 2019, ChapsVision currently employs nearly 600 individuals, serves 600 key account customers, and achieved a turnover of €100 M in 2022.
About Qualium Investissement
About Qualium Investissement : Qualium Investissement (“Qualium”) is a leading and longstanding private equity firm with €1.5 billion in funds under management. Originally formed in 1998 as the private equity investment arm of Caisse des Dépôts et Consignations, Qualium is now independent and majority-owned by its team, alongside the Caisse des Dépôts et Consignations. Qualium prides itself in being the preferred partner to talented French SME managers and business owners with ambitious development plans to transform their growing businesses into French and international market leading SMEs.
For more information, visit: www.qualium-investissement.com
About Tikehau Capital
Tikehau Capital is a global alternative asset management group with €41.1 billion of assets under management (at 30 June 2023). Tikehau Capital has developed a wide range of expertise across four asset classes (private debt, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies.
Leveraging its strong equity base (€3.1 billion of shareholders’ equity at 30 June 2023), the firm invests its own capital alongside its investor-clients within each of its strategies. Controlled by its managers alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 742 employees (at 30 June 2023) across its 15 offices in Europe, the Middle East, Asia and North America. Tikehau Capital is listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP).
For more information, visit: www.tikehaucapital.com
Bpifrance Investissement is the management company that handles Bpifrance’s equity investments. Bpifrance is the French national investment bank: it finances businesses – at every stage of their development – through loans, guarantees, equity investments and export insurances. Bpifrance also provides extra financial services (training, consultancy) to help entrepreneurs meet their challenges (innovation, export…).
follow us on X (ex-Twitter): @Bpifrance – @BpifrancePresse
GENEO Capital Entrepreneur’s mission is to provide the real economy with positive finance that reconciles performance and meaning.
Designed to develop the value-creation, job-creation and impact-creation potential of SMEs and SMIs, GENEO Capital Entrepreneur has nearly 600 million euros at its disposal. It manages notably the “evergreen” investment company GENEO Capital, whose capital is mainly held by families and entrepreneurs, and the GENEO Mezzanine fund, specialized in transforming companies towards impact. As a business partner, GENEO works alongside you with its teams to provide support for the execution of your structuring, growth, and transformation projects (external growth, positive impact, digital and innovation). It also provides a community of nearly 200 families and entrepreneurs, which offers an opportunity to share experiences and build a unique business network in France.
Passionate about those who make, create, and want to move the lines, the GENEO team’s sole ambition is to take each entrepreneur’s ambition to the highest level.
For more information, visit: www.geneocapitalentrepreneur.com
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Qualium Investissement :
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Tikehau Capital :
- Valérie Sueur – firstname.lastname@example.org – +33 1 40 06 39 30 / +33 6 28 48 31 65
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