Azulis Capital, BNP Paribas Developpement SA, SCR, Societe Generale Capital Partenaires SAS, the France-based private equity firms along with the management of Ital Express SAS, the France-based distributor of spare parts for trucks, commercial vehicles, tractors and agricultural machinery, public works and cars has acquired the company from La Financiere Patrimoniale d'Investissement SAS, the France based private equity firm, for an undisclosed consideration.

Ital Express reported revenues of EUR 30m in 2013. The investment enables Ital Express to accelerate its growth including development of the Internet channel, take hold of acquisition opportunities which will allow it to make entry into new markets and customers.

Earlier in November 2005, CM-CIC Capital Finance, CM-CIC Capital Finance, La Financiere Patrimoniale d'Investissement SAS and Omnes Capital had acquired Ital Express from Ciclad III, FCPR and later in September 2008, CM-CIC Capital Finance and Omnes Capital sold their stake in Ital Express.

Advention Business Partners

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