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A FORCE FOR GROWTH · Tunisia, Italy, and Canada, enabling it to offer growth opportunities to its...
Transcript of A FORCE FOR GROWTH · Tunisia, Italy, and Canada, enabling it to offer growth opportunities to its...
siparex.com
A FORCEFORGROWTH
PRESENTATION OF THE GROUP’S ACTIVITIES
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Ledger - Security solutions for cryptocurrencies
A PIONEER THAT IS NOW A LEADER Siparex was founded in 1977 by Dominique Nouvellet with support from industrialists: Michelin, Rhône-Poulenc (later : Aventis), Rossignol, and Cofradel–Auchan group.
Founding of Siparex
1977
Creation of Le Club Siparex
1982
Opening of the Paris office
1989
Opening of the Nantes and
Besançon offices
1995
Launch of the venture capital
business in France
1998
Launch of the first regional growth capital fund in
the Rhône-Alpes region
1999
Opening of the Lille office
2000
Opening of the Milan office
2003
Armor - Printing technologies
OUR LINE OF BUSINESS FOR 40 YEARS: INVESTING IN MIDMARKET AND INTERMEDIATE GROWTH COMPANIES Siparex is one of France’s leading independent private equity groups. As a key partner to midmarket and intermediate-sized companies, its business is to make equity investments, acting as a force for growth
SIPAREX IN FIGURES
• Unit investments of up to €40 million
• Up to €50 million including co-investments
in assets under management
€2 billion
of experience, with a total of 1,000 investments made since inception
40 years
Lille
Nantes
Lyon
Dijon
Tunis
Milan
Munich
Besançon
ParisStrasbourg
Montréal
Toulouse
3SIPAREX GROUP
Maped - School Supplies
A DOMESTIC AND INTERNA-TIONAL NETWORK CLOSELY SERVING INVESTEE COMPANIES
Regional offi ces and a stronginternational network give Siparexa competitive edge
8 regional offi ces in France
2 offi ces in Europe
2 strategic partnerships (Tunisia, Canada)
WORKING IN FOUR BUSINESS SEGMENTS TO SATISFYALL PRIVATE EQUITY NEEDS
Siparex works closely with entrepreneurs, helping them with their expansion or transfer of ownership plans and advising them on strategy, operations, and financing. Investees know they can rely on the suppor t of highly experienced manage-ment teams, the strength of a nationwide network, the reach of international par tners, and the assurance of dealing with a single relationship manager throughout the duration of the investment.
Siparex creates tailored solutions for star t-ups to mid-sized companies and their managers in the following areas:
Growth Capital • fi nancing for investments • increasing shareholders’ equity • acquisition fi nancing in France and abroad.
Minority or Majority Buyouts • owner buyouts (OBO) • assistance to benefi ciaries of transfers of ownership • sales of minority interests • management buyouts (MBO) • management buyins (MBI).
Venture Capital • fi nancing for unseasoned innovative companies • focus on investing in early-stage companies • in France, Germany, and elsewhere in Europe.
Creation of the Euromed Capital
Association
2005
Bertrand Rambaud succeeds Dominique Nouvellet as Group
Chairman
Opening of the Strasbourg offi ce
2009
Integration ofUFG Private
Equity
2010
Creation ofSiparex Proximité
Innovation
2012
Launch of the mezzanine fi nance
business
2014
Merger with XAnge Private
Equity
Opening of the Dijon offi ce
2015
Opening of the Toulouse offi ce
2016
Siparexcelebrates its 40th
anniversary
2017
CORPORATE GOVERNANCE BASED ON EXPERTISEAND TRUST
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“One of the great strengths of the
Siparex Group is the relationship between Siparex Associés and
Sigefi Partners, which is a source of confi dence
for investors andentrepreneurs alike.”
ORGANIZATION
The Siparex Group, headed by Bertrand Rambaud, has organized its corporate governance around a totally independent management company owned by seasoned professionals and committed investors.
Sigefi Private Equity, the Group’s management company, is majority-owned by Sigefi Partners, which comprises the Group’s main managing partners, who provide expertise. Siparex Associés, whose shareholders are the main shareholders of the Group’s funds,ensures trust. The Siparex Group also has an audit committee and an ethics and policy committee, whose members are independent experts in those fi elds. These two com-mittees are unique among private equity investment companies.
Siparex Associés, headed by its chairman, Michel Rollier, and its vice-chairman, Cyril Balas, ensures adherence to the Group’s principles and values. Its shareholders includeleading family-owned corporations (such as Mérieux,Michelin, Norgefi , and Seb), French institutional investors(Apicil, Groupe BPCE, Bpifrance, Crédit Agricole-Prédica,La Française, Groupama, Groupe La Poste, Malakoff Médéric, and Neufl ize OBC), and international investors (Mouvement Desjardins).
Bertrand Rambaud,Chairman, Siparex Group
Michel Rollier,Chairman of Siparex Associés, Chairman of the Supervisory Board and former Managerof Michelin
Innovation Small Caps Midmarket Mezzanine
Sigefi Private EquityThe Group’s Management Company
Line
s of
Bu
sines
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Siparex AssociésEnsures trust
Sigefi PartnersProvides expertise
5SIPAREX GROUP
SIPAREX’S EXECUTIVE COMMITTEE
The executive committee has nine members:
A RESPONSIBLE INVESTOR
From the time it was founded, Siparex adopted a responsible investment approach.
Prior to any investment, our teams and their advisors analyze the company’s pertinent environmental, social/societal, and governance factors and include them in their decision-making criteria. These factors are also presented in periodic fund reports.
Siparex is a signatory to the Private Equity Investors’ Charter of France Invest (the French Private Equity Investors Association) and the United Nations Prin-ciples for Responsible Investments (PRI).
OUR CORE VALUES
• Total independence
• Rigorous ethics
• An industrial approach that coincides with the company’s fundamentals
• Close cooperation with investee companies and their managers
• A different approach to private equity, based on conservatism and return on investment
• The positioning of an active but hands-off shareholder
• Recognized professionalism
• Governance in accordance with the highest global standards
Bertrand Rambaud, Chairman of the Siparex Group
Cyril Fromager, Small Caps
Richard Dalaud, Mezzanine investment
Nicolas Rose, Innovation finance
Pierre Bordeaux- Montrieux, Midmarket investment
Benoît Métais, Midmarket investment
Florent Lauzet, Midmarket investment
Nicolas Eschermann, Investor relations and business development
Marie-Clothilde Vial, Legal affairs and human resources
Siparex serves as an interface between investors looking for an attractive yield and entrepreneurs seeking capital to fi nance their company’s growth
ORIGIN OF ASSETS UNDERMANAGEMENT*…
A STRONG FUND RAISINGCAPABILITY (€ MILLIONS)
… FROM 14 COUNTRIES
48%Institutional investors
25%Individuals and family offi ces
20%Funds
of funds
7%Siparex Associés
2014
190
2015
223
2016
270
2017
330
*excluding retail funds
OUR AIM: TO BE A DYNAMIC LINK BETWEEN INVESTORS AND ENTREPRENEURS
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Nicolas Eschermann,Member of the Executive Committee
Lionel Bergeron,Head of Operationsand Investor RelationsVenture Capital
INVESTOR RELATIONS AND BUSINESS DEVELOPMENT DEPARTMENT
This team, headed by Nicolas Eschermann, is the contact point for the institutional inves-tors and family offi ces that invest in our funds and is in charge of the Group’s business development in France and abroad.
It plays an active role in defi ning the product strategy of the various lines of business and in fund raisings. It treats each investor as a long-term partner, providing high-quality fi nancial and non-fi nancial information in a transparent and timely fashion.
The enduring trust shown by the hundred institutional investors, family offi ces, and indi-viduals who invest in Siparex stems from the excellent fi nancial performance Siparex has achieved using a conservative approach.
Nicolas Réquillart-Jeanson, Chief Digital Officer
BACK-OFFICE DEPARTMENTS
The Siparex Group’s in-house legal, com-pliance, internal control, accounting/finance, communication, and digital transforma-tion departments set it apart from other private equity investors.
Support functions are provided on a trans-verse basis to all of the Group’s lines of business. This in-house expertise enhances Siparex’s professionalism and makes it an even more secure private equity investor.
7SIPAREX GROUP
Marie Clothilde Vial, Member of the Executive Committee Head of Legal Affairs and Human Resources
Valérie Gerbet, Managing Director Chief Financial and Administrative Officer
Thomas Géraud, Head of Compliance and Internal Auditing
Priscille Clément, Head of Communications
CROSS-BORDER SUPPORT
International expansion—a concern felt by a growing number of smaller and intermediate-sized companies—has always been central to Siparex’s approach. The Group has a powerful network with offices in Italy and Germany, as well as operational partnerships with investment teams in Tunisia and Canada.
In order to accelerate and ensure low-risk cross-border expan-sion for its investee companies, the Siparex Group has created an international team whose 14 members serve as country advisers. This dedicated organization, Siparex Cap International, provides a comprehensive range of services both upstream (international strategy, business development) and downstream (cross-border expansion and transactions).
Siparex Cap International relies on its partnerships with Business France, which is an expert in international business development issues, and Pramex, France’s leading consultant on cross-border expansion and transactions.
LE CLUB SIPAREX
Le Club Siparex is a business network that brings together the managers of the companies that have received financing from Siparex, as well as nearly 150 financial, institutional, family office, and individual investors.
Created in 1982 and headed by a corporate CEO, Le Club Siparex promotes exchanges between its members, adding value above and beyond the financial aspect of its investments.
Each year it generates several hundred contacts in France and abroad through networking, company visits, thematic meetings, and conferences.
siparex.com/le-club-siparex
“Le Club Siparex is a central feature of the Siparex ecosystem, bringing together investee managers, investors, and Siparex’s investment teams.”
Valerie Crauser, Head of Emresa President of Le Club Siparex T
EST
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Siparex makes minority or majority investments in midmarket companies in order to satisfy their various fi nancing needs: expansion fi nancing, sales of minority interests, or transfers of ownership by investee company managers. It bases its investment decisions to a large extent on thecompany’s industrial plans and on the quality of its management team.
Siparex sets the standardfor fi nancing midmarketand independent, closely-heldintermediate-sized companies
SIPAREX MIDMARKET€950 Million in Assets Under Management
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DEDICATED TEAMS AND FUNDS
Siparex’s Midmarket Growth Financing business has €950 million in assets under management—a size that enables it to serve a broad spectrum of companies. It works very closely with investee management teams on their expansion efforts or transfer of ownership plans thanks to specifi c teams and funds dedicated to companies of different sizes.
Benoît Métais,Member of the Executive Committee,Managing Partner
Investee company profi le:
• Sales ranging from €100 million to €500 million• Various business sectors • 25 companies in the portfolio
Investment fund:
Siparex ETI4: with total capital commitments of€315 million, this fund serves France’s most dynamic midmarket companies, making unit investments rangingfrom €10 million to €30 million (or €50 million intandem with other partners).A team working under the responsibility of:
Bertrand Rambaud,Chairman of Siparex Group
Olivier Golder,Managing Partner
Florent Lauzet,Member of the Executive Committee,Managing Partner
Alexandre Tremblin,Managing Partner
MIDMARKET SEGMENT
Investee company profi le:
• Sales ranging from €20 million to€100 million
• Various business sectors • 30 companies in the portfolio
Investment fund:
Siparex Midcap 3: with committed capital of €170 million, makes unitinvestments of €3 million to €12 million to fi nance the expansion needs of France’sintermediate-sized companies.
A team working under the responsibility of:
MIDCAP SEGMENT
Augustin de Jerphanion,Managing Partner
Nathanaël Martin,Managing Partner
Pierre Bordeaux- Montrieux,Member of the Executive Committee, Managing Partner
Romain Boissonde ChazournesManaging Partner
9SIPAREX MIDMARKET
cross-border acquisitions made over the period
2013-18
7713
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INTERNATIONAL FUNDS
For many years, Siparex Group has been fostering partnerships in Tunisia, Italy, and Canada, enabling it to offer growth opportunities to its French investee companies.
Siparex Investimenti 2, a €50 million fund launched in partnership with Fondo Italiano d’Investimento, supports the growth of Italian intermediate and midmarket companies.
Fonds de Co-Localisation Franco-Tunisien, a 50/50 venture between Bpifrance (France) and Caisse des Dépôts et Consi-gnations (Tunisia), is jointly managed by Siparex and AfricInvest.
This €20 million fund invests in high growth intermediate-sized companies from Tunisia and France that intend to do business in both countries.
Fonds transatlantique, a €75 million fund co-managed by Siparexand Desjardins Capital makes joint investments in French andQuebec small and medium-sized enterprises (SME’s) to support their growth.
PERSONALIZED MONITORING
Siparex, a trusted partner to its investee companies, helps them manage their strategic and operational issues in three main ways:
1. PROMOTING ACQUISITIONS The management team has proven expertise in helping investeecompany managers identify opportunities and implement theiracquisition strategy.
92 acquisitions made in 4 years by intermediate and midmarketinvestees.
40% average sales growth at companies that have made acquisi-tions (Siparex Midcap 2 portfolio).
2. STIMULATING THE DIGITALTRANSFORMATION Siparex has given the company’s management the benefi t of its operational expertise in digital transformation. A dedicated Chief Digital Offi cer for investee companies and experts from XAnge—the Siparex Group’s innovation division—are helping the company analyze and anticipate the impact of disruptions on its business model and undertake its digital transformation.
3. ACCELERATING INTERNATIONALIZATION Siparex’s midmarket team assists intermediate and midmarket companies through their cross-border growth involving acquisitions,the search for local business partners, or the creation of subsidiaries.
Number of operations conducted by continent:
10 SIPAREX MIDMARKET
Arcado - Regional Specialty Sausages NG Travel - Tour Operator
“The group of investors led by Siparexpresented a reliable, ambitious project to ensure our group’s continuity and growth. The operation enabled Ginger to achieve total independence, which is a crucial factor in serving customers and taking the necessary steps to grow.”
Philippe Margarit,Chairman of Ginger (Soil and materialsengineering, revenues of €160 million)
“As NG Travel enters a new phase, we are pleased to welcome Siparex as a shareholder. Its valuable support will enable us to continue the enterprise we undertook 10 years ago. Siparex completely understands our values, expertise, and the specifi cities of our brand and business model. Its in-depth knowledge of the tourism industry will help us speed up our growth in the resorts, tours, and tailored-made travel markets.”
Olivier Kervella,Founder and Chairman of NG Travel(Tour operator, revenues of €230 million)
“By working with Siparex, Apside will continue to operate as an independent group built on its teams’ entrepreneurial spirit. I chose Siparex for the tailored project it proposed, and because it is a partner that shares our values and ambitions. ”
Michel Klar,Founder and Chairman of Groupe Apside (Technology Consulting, revenues of €170 million)
TES
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A RANGE OF TAILORED AND FLEXIBLE SOLUTIONS
SALES OF MAJORITY INTERESTS
Organizing buy-ins
SALES OF MINORITY INTERESTS
Reorganizing the shareholding structure
GROWTHCAPITAL
Helping the founders welcome new investors while consolidating
their ownership interest
In 2015, as a continuation of the Group’s private equity investment business, Siparex launched the €100 million mezzanine fi nance fund Siparex Intermezzo to invest in large midmarket and smaller intermediate-sized companies.
Siparex Intermezzo plans to participate in deals alongside sponsors outside the Siparex group, in sponsorless deals, and in mezzanine growth deals.
Thanks to its fl exible combination of debt and equity features, mezzanine offers companies and their shareholders a number of ways to fi nance their growth.
For companies with ambitious expansion plans, mezzanine is a form of supplementary funding with many advantages:
Siparex Intermezzo’s four-member team benefi ts from Siparex Group’s unique regionalcoverage, its top-notch support network for investees, and the proven expertise andsectoral knowledge of the Group’s investment professionals.
SIPAREX MEZZANINE€100 Million in Assets Under Management
11SIPAREX MEZZANINE
TYPES OF INVESTMENT
• Financing for internal growth
• Acquisition fi nancing
• Refi nancing, strengthening shareholders’ equity
• Equity restructuring of closely-held companies, MBOs, minority liquidityoperations
Investee company profi le:
• Sales ranging from €10 millionto €100 million
• Various business sectors
• Unit investments from €2 million to €10 million (or more, in the case of co-investments)
Richard Dalaud,Member of the Group Executive Committee, Chairman of theManagement Board of Siparex Mezzanine
Philippe Dutheil,Member of the Manage-ment Board of Siparex Mezzanine
LONGER-TERM REPAYMENT PROFILE
Deferred repayment enables investeesto devote almost all of their cash fl ow
to their growth project
TAX-DEDUCTIBLE INTERESTThe interest payable on mezzanine
debt is generally fully deductible, whereas the deductibility on shareholder advances
is very limited
MULTI-USE FUNDINGMezzanine is adaptable to all confi gu-rations, from growth capital to equity
restructuring and transfers of ownership
LOW DILUTIONMezzanine is a pertinent alternative to
new equity investors for companies seeking to maximize future value creation
Silfox - Electronic components
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Siparex Group’s Small Caps business assists intermediate-sized companies in the start-up, growth, and transfer of ownership phases. Thanks to its offi ces in Lyon, Paris, Lille, Nantes, Besançon, Dijon, Strasbourg, and Toulouse, the Siparex Group is in continuous direct contact with local entrepreneurs.
The Group’s extensive track record in this segment, in terms of years of experience and number of deals, gives it a keen understanding of the issues facing these companies.
Siparex also puts its fund management know-how and experience at the disposal of sponsors of private and public-sector regional investment funds.
SIPAREX SMALL CAPS€400 Million in Assets Under Management
Investee company profi le:
• Sales < €40 million
• Unit investments ranging from€0.3 million to €3 million
• 200 portfolio companies
DIRECT MANAGEMENT
Management of private expansion capital funds investing in growing intermediate-sized companies:
Siparex Proximité Innovation, in partnership with La Française and Groupe La Poste: Nord Ouest Entrepreneurs 4 and XPansion 2 funds.
Rhône-Alpes PME Gestion, a joint venture between the Siparex Group and Caisse d’Epargne de Rhône-Alpes: Rhône-Alpes Entrepreneurs 4 fund.
Management of public/private funds for start-ups and seed capital:
Invest PME, joint subsidiary of the Siparex Group and CIBFC (a holding company whose units are the primary economic players in the Burgundy and Franche-Comté regions): Franche-Comté Création 4 fund and Cap Innov’Est fund in cooperation with Capital Grand Est.
Management of public/private funds for growth capital and regional redeployment:
Fonds Régional d’Investissement Auvergne Rhône-Alpes, growth capital andredeployment fund founded at the initiative of the Rhône-Alpes region.
Pays de la Loire Croissance, a fund investing in Loire region intermediate-sizedcompanies founded at the initiative of the Pays de la Loire region and Bpifrance.
Défi s 2, a redeployment fund founded at the initiative of the BurgundyFranche-Comté region.
MANAGEMENT ADVISORY
Advising regional public-sector funds on co-investments in start-ups and growthcompanies:
The Siparex Group provides management advisory services to two public-sector co-investment funds that are wholly owned by regional councils. They invest on an equal basis alongside private-sector co-investors: Pays de la Loire Participations(Pays de la Loire) and Nord France Amorçage (Nord Pas-de-Calais).
DIVERSIFICATION IN TERMS OF INVESTMENT SOLUTIONS
Siparex creates and manages funds dedicated to specifi c investment profi les and geographical sectors.
Provendi - Soap manufacturer
Potager City - Produce delivery
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“I am pleased to welcome Siparex as an initial outside investor. I was particularly impressed by its responsiveness and its ability to understand my issues, the proxi-mity of its Toulouse offi ce, and its links toa dynamic digital ecosystem.”
Frédéric Durand,President of Bébéboutik (Private sales of articles for infants and children)
“Rhône-Alpes PME’s attentiveness made the operation possible. As our company had no specifi c arrangements in mind, we worked together to fi nd the right solution for all concerned. The fresh approach from the Rhône-Alpes PME team confi rmed the pertinence of our strategy and our management methods.”
Christian Salomon,President of Structa (Layout Design)
A TEAM OF 35 INVESTMENT PROFESSIONALS WORKING UNDER THE RESPONSIBILITY OF
Denis Rodarie, Coordination and Business development
Cyril Fromager,Rhône-Alpes PME Gestion
Damien Fulchiron,Siparex Proximité Innovation
Antoine Puget,Siparex Proximité Innovation
Jérôme Burtin,FRI AuvergneRhône-Alpes
Sébastien Bailly,FRI AuvergneRhône-Alpes
Xavier Chappelon,FRI AuvergneRhône-Alpes
Bénédicte de Chevigny,Invest PME
Patrick Blasselle,Invest PME
Eric Le Hir,Rhône-Alpes PME Gestion
SIPAREX SMALL CAPS
PRIVILEGED ACCESS TO INTERMEDIATE-SIZED COMPANIES
Local offi ces throughout France’s regions give Siparex broad nationwide coverage.
TES
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Pays de la LoirePays de la Loire CroissancePays de la Loire Participations
Auvergne Rhône-AlpesRhône-Alpes Entrepreneurs 4Fonds Régional d’Investissement FRI
Bourgogne Franche-ComtéFonds Invest PME
Serving all of France Multi-regional fund XPansion 2
Nord-Pas de CalaisNord France Amorçage
North West of FranceNord Ouest Entrepreneurs 4
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4
1 2 3
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2
1Lille
Nantes
Paris
Dijon Besançon
Strasbourg
Lyon
Toulouse
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Evaneos - Travel agent
XAnge is the Siparex Group’s innovation finance brand. The team has specific expertise in IT, advanced industrial technologies (such as cleantech and optics), and societal impact.
It maintains close ties to the French and European entrepreneurial ecosystem based on a double presence in France and Germany that sets it apart. Thanks to its faithful and committed network of institutional, corporate, and banking partners, it is contributing to the growing computerization of society by serving as the liaison between start-ups and major groups.
Investee company profile:
• Companies with a high growth potential, preferably at the beginning of the commercial phase of their operations, and with international ambitions
• Sectors: digital technologies, deep tech, impact investing
• Unit investments ranging from €0.5 million to €10 million
• More than 100 investments over the past 10 years.
INNOVATION€450 Million in Assets Under Management
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INVESTMENT PHILOSOPHY
An ongoing search for performance XAnge applies a rigorous selection process to ensure the quality of its invest-ments and remain an influential shareholder throughout the investment period.
Assisting entrepreneurs over the long runThe innovation finance team assists portfolio companies above and beyond its financial investment: • It gives start-ups access to our ecosystem of partners and investors to build
their community. • It helps entrepreneurs realize their cross-border ambitions. • It gives them access to our distinctive technological expertise, which is based
on the composite experience of the investment teams and the Group, with its industrial roots.
Investing in societal responsibility The Innovation team, in particular through the XAnge Impact funds, invests in small, innovative French companies that are socially responsible and seek to make a positive impact on society.
INVESTMENT FUNDS
Siparex’s Innovation Financing team manages three types of funds:
• institutional funds specializing in digital technologies: XAnge Digital range
• institutional funds focusing on societal and environmental impact: XAnge Impact range
• tax-advantaged funds (FCPI*).
* FCPI funds enable individuals to benefit from favorable income tax and wealth tax treatment on equity investments in innovative intermediate-sized companies.
INVESTMENTS IN THE SECTORSOF THE FUTURE
SOFTWARE/DIGITAL PLATFORMS
With most of its investments in these sectors, the team has recognized experience in SaaS, Big Data, cloud technologies, and AdTech.
DIGITAL SERVICES
The team has considerable expertise in new digital services that are disrupting established players.
FINTECH
With more than 10 investments in this sector, the funds in the XAnge Digital range rank among France’s fi ntech specialists, with a strong focus on new payment systems.
IMPACT INVESTING
Thanks to XAnge Impact, the teamaccompanies societal impact start-ups.
ADVANCED TECHNOLOGIES
Thanks to its geographic coverage and history of working with industrial companies, the team is able to assist companies working in high value added industrial technologies, thanks in particular to the knowledge it has gained in the fi elds of optics and robotics.
15INNOVATION
A TEAM OF 10 INVESTMENT PROFESSIONALS WORKINGUNDER THE RESPONSIBILITY OF:
Guillaume Meulle Nicolas Rose
Andréas GallCyril Bertrand
Bernhard Schmid
Lydia - Mobile payments app
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The Siparex Group’s management companies are Alternative Investment Fund Managers (AIFM)
authorized by France’s Financial Markets Authority (AMF) since 2014.
Le Label Finansol garantit la solidarité etla transparence du produit d’épargne S’FAIR.
SIPAREX IS THE FOUNDEROF EUROMED
Created in 2005 at Siparex’s initiative, this not-for-profi t association fosters communication between the various private equity investment players and partners in the Euro-Mediterranean region, as well as among investors, entrepreneurs, and internatio-nal organizations. It regularly organizes a Private Equity Investment Forum for intermediate sized- companies, which is a leading event for high-level professionals from the countries concerned.
SIPAREX IS A MEMBER OF
SIPAREX SUPPORTS
LABELS
OFFICES
PARTNERS COMMUNICATIONS
AfricInvest, TUNISIA
Desjardins Capital, CANADA
Priscille Clé[email protected] Phone +33(0)1 5393-0220
LYON107, rue Servient CS 93512 69442 Lyon Cedex 03 Phone +33(0)4-7283-2323
NANTES3, rue Vauban 44000 Nantes Phone +33(0)2-4069-3838
BESANÇONTémis Center 2 9, avenue des Montboucons 25000 Besançon Phone +33(0)3-8125-0614
PARIS27, rue Marbeuf 75008 Paris Phone +33(0)1-5393-0220
LILLE22, rue Basse59800 Lille Phone +33(0)3-2017-6600
STRASBOURG7, place Sébastien Brant67000 Strasbourg Phone +33(0)3-8823-6168
TOULOUSE30, rue de Metz 31000 Toulouse Phone +33(0)5-3609-5178
DIJONNovarea–Maison Régionale de l’Innovation 64a, rue Sully – CS77124 21071 Dijon Cedex Phone +33(0)3-8040-3410
MILANSiparex / Insec Equity Partners SGRVia San Maurilio, 1920123 Milan, Italy Phone +39(0)2-3655-5373
MUNICHLeopoldstraße 8-10D-80802 Munich, Germany Phone +49-89-381-699-730