Pléiade Investissement’s activities
in a few headlines
Le Grenier à Pain
After the acquisition of a bakery in Sarzeau (Brittany) last February, Grenier à Pain continued its expansion in France with the acquisition of a shop in Saint Aubin de Médoc (Aquitaine). The group now has around 30 owned stores in France and fifteen licensed stores abroad for a turnover of €15 million in 2021. This operation also allows the bakers managing these new shops to become shareholders, as are alrealdy most of the managing bakers within the group.
The Montana group acquires 50% of Cazam alongside Eiffage Immobilier. Cazam already has secured 3 residences under construction and 6 are identified fordevelopment, with the objective of opening 25 residences by 2027. As a result of this joint-venture, the Montana group aims to operate more than 50 residences in France by 2026, with a targeted turnover close to €90m.
Aéroplast Industries has completed its third build-up with the acquisition of René Maire, a specialist in plastic injection and overmoulding of parts for filtration. The company is certified IATF 16949, a quality standard for the automotive market, and ISO 9001.
Pléiade Investissement, the leading shareholder of Divalto since 2006, assisted the ERP and CRM software publisher in the sale of its subsidiary idylis.com, a SaaS ERP dedicated to very small businesses, to the Xefi group, a leader in IT services for SMBs. idylis.com completes Xefi's software offer and will be able to rely on its sales force and expertise to accelerate its growth.
Quiétalis group acquires Sopreco, a company based in Marseille, thus strengthening its network in the South of France. The two shareholder-managers acquire a stake in Quiétalis and one of them joins the group as Deputy Managing Director. The consolidated revenue will reach nearly €60 million in 2020.
Pléiade Investissement sells its minority stake of Nova Lease Solutions, a long-term leasing company in the field of medical and technological equipment. Pléiade Investissement acquired a stake in March 2017 through an OBO led by Francis Enguehard and Frédéric Sig, the two managers and shareholders. In April 2018, the acquisition of Technofinance almost doubled the company's medical equipment financing activity. Nova Lease Solutions joins the Verso Healthcare group, a subsidiary of the mutual insurance company for healthcare professionals MACSF, headed by its founder Christophe Sicot. Nova Lease Solutions' managers and team members are now stakeholders in Verso's strategic project to build a group of extended services for healthcare operators in France and Europe.
Pléiade Investissement and Pléiade Venture sell to Hg Capital the majority of their stake in smartTrade Technologies, the world leader in software for financial trading, through its offices in London, Geneva, Milan, New York, Tokyo and Singapore. Pleiade Investissement invested in 2017 alongside Pléaide Venture (shareholder since inception in 1999) and Keensight Capital (investor since 2015). The management team holds now a significant share of the equity.
Pléiade Investissement is investing alongside the founding CEO Richard Claverie to support its development plan throughout France. The Montana group is a network of premium Senior Service Residences for independent seniors. It designs, buids and operates its residences. Already operating 3 residences in Cholet, Aix en Provence and Avignon, the group is continuing its establishment in the center of major French cities with the opening of 7 residences in Marseille, Angoulême, Clichy, Compiègne, Arras, Chartres et Villemonble. The group aims for a 25 residences network by 2025.
After nearly 9 years of support, Pléiade Investissement sells its minority stake in Alfi Technologies, an engineering group in the field of building materials and intralogistics, to its majority shareholder and manager.
In May 2019, Pléiade Investissement sold its stake in Harvest (Alternext) through the takeover bid from Five Arrows Principal Investments (the European private equity fund of Rothschild & Co). Harvest is a software publisher for wealth management professionals. Pléiade Investissement became shareholder in March 2011.
Aéroplast Industries has achieved its second build-up with the acquisition of Crozet, specialized in micro-cutting for medical, aeronautic, space and connectic fields. The company is certified ISO 13485 and ISO9001. His chairman Sébastien Crozet joins the group and the capital of Aeroplast Industries.
Le Grenier à Pain
Le Grenier à Pain achieved its first build-up with the acquisition of the seven bakeries in the Lalos group. Thanks to that operation, Le Grenier à Pain has consolidated its position in the Paris area and is now owns around 35 shops in France with other licenses abroad. According to the group's business model, several key managers from Le Grenier à Pain have been invited to become shareholders of the bakeries acquired.