• Home
  •  
    Regions
    • Europe
    • UK & Ireland
    • DACH
    • Nordic
    • France
    • Southern Europe
    • Benelux
    • CEE
    • Asia
  •  
    Deals
    • Buyouts
    • Venture
    • Exits
    • Refinancings
    • Build-up
    • Turnaround
    • Secondaries
    • Advanced deals search
  •  
    Funds
    • Buyout
    • Venture
    • Mezzanine
    • Debt
    • Funds-of-funds
    • Secondaries
    • Fundraising pipelines
    • Advanced funds search
  •  
    GPs & LPs
    • GP profiles
    • LP profiles
    • GP news
    • LP news
    • Sponsors search
    • LPs search
  •  
    Secondaries
    • Deals
    • Funds
    • News
    • Analysis
  •  
    People
    • People moves
    • Analysis
    • In Profile
    • Q&A
    • Videos
    • Comment
  •  
    Analysis
    • In Profile
    • Fundraising
    • Q&A
    • Comment
    • Videos
    • Podcast
    • Reports
    • Data Snapshots
  •  
    Unquote Data
    • Deals search
    • Exits search
    • Funds search
    • Sponsors search
    • Advisers search
    • LPs search
    • League tables
    • Reports
  • Sign in
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)203 741 1137

      Email: Georgina.Lawson@acuris.com

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
  • Free Trial
  • Subscribe
Unquote
Unquote
  • Home
  • Regions
  • Deals
  • Funds
  • GPs & LPs
  • Secondaries
  • People
  • Analysis
  • Unquote Data
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)203 741 1137

    Email: Georgina.Lawson@acuris.com

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
Unquote
  • Consumer

Capza acquires minority stake in Nutravalia

  • Ero Partsakoulaki
  • 22 June 2022
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  

Capza has acquired a minority stake alongside the management in Nutravalia, a French laboratory specialising in food supplements and parapharmacy products.

The GP made the transaction via its Capza 5 Flex Equity Fund, which held its final close at its hard cap of EUR 700m in May 2021, according to Unquote Data.

Nutravalia is the 14th transaction of the fund and Capza’s 35th transaction in the health and wellness sector. A debt package backing the deal was provided by Crédit du Nord, LCL, and Arkéa, according to a press release.

Nutravalia

  • DEAL:

    Expansion

  • LOCATION:

    France

  • SECTOR:

    Pharmaceuticals

  • FOUNDED:

    2015

  • TURNOVER:

    c. EUR 45 million by 2022

  • STAFF:

    50

Mergermarket had reported in March that the company was working with Sycomore on a sale, marketed off EUR 6m in EBITDA. 

The management will retain a reference shareholding, pursuing organic growth of brands in France, while considering international development and strategic acquisitions. The company aims to accelerate the development of its hair care brand, Luxéol, in France, to launch the brand internationally, starting with Spain and Italy.

“Nutravalia’s founders chose to partner with Capza as our pan-European footprint with offices in the south of Europe, Germany and Benelux would facilitate this strategic goal,” managing partner Maxence Radix told Unquote.

The company is also seeking to consolidate the position of its slimming brand 'Anaca3' in France, notably through a strong innovation pipeline and regular new product launches. The company will target organically new markets, such as the skincare segment, with new product development, according to Radix.

“We think of the investment strategy as two phases, with organic growth and new product development taking place during the first two to three years, followed by the M&A phase with opportunistic targets in France or Europe,” said Radix. “Of course, if we see an opportunity that cannot wait we’ll try to seize it.”

The company would welcome pitches from external advisors in the future as it is currently at an early stage of developing its investment strategy.

Capza foresees increasing consolidation in the pharmaceutical market in France, seeing more players coming to market following big players such as Havea, Cooper, and EA Pharma.

Nutravalia has developed an omnichannel distribution strategy, using digital technology to launch and develop its brands, before moving into pharmacies and parapharmacies. The business has experienced growth of over 54% per year on average, since 2015. It expects to achieve a turnover of about EUR 45m by 2022.

“Nutravalia’s business model with strong growth, high margin and cash conversion, as well as strong brand recognition, makes it a great fit for our Flex Equity Fund,” said Radix.

Company
Founded in 2015 by brothers Samuel and Michel Bouskila, Nutravalia designs, develops, and markets products dedicated to well-being and beauty (food supplements, cosmetics, shampoos). The group has launched two specialised brands that have rapidly entered the pharmacies and parapharmacies network: Luxéol in the hair care segment and Anaca3 in the slimming segment. Based in Mougins, near Cannes, France, Nutravalia employs around 50 people.

People
Nutravalia – Samuel Bouskila (president and founder); Michel Bouskila (managing director and founder).
Capza − Maxence Radix; Victoire Simon; Laure Tallon (partners).

Advisors
Nutravalia – Sycomore Corporate Finance François Vigne, Aurélien Singer, Quentin de Fréminville, Adrien Starck, Malo Grosso (M&A); Hogan Lovells Stéphane Huten, Paul Leroy, Florian Tranchecoste, Arnaud Biancheri, Luc Bontoux, Quentin de Donder, Ludovic Geneston, Maximilien Schmitt, Marion Guertault (legal); PwC Martin Naquet-Radiguet, Arnaud Stenger (financial DD); OC&C Stéphane Blanchard, Wassim Chraiki (strategic DD); PwC Eric Hickel, Edith Baccichetti, Bernard Borrely, Katia Gruzdova, Hélène Struve, Claire Rey, Hortense Muhorakeye, Clément Jouanolle (tax, fiscal and social DD).
Equity − Moncey Guillaume Giuliani, Marie Victoire James, Frédéric Bosc, David Malamed, Alexandre Bankowski, Jonathan Devillard, David Maréchal (legal); Oderis Thomas Claverie, Léo Paczek, Gauthier Sarre (financial DD); Indefi x Singulier David Toledano, François Beyssen (strategic DD); Moncey Guillaume Giuliani, Marie Victoire James, Frédéric Bosc, Alexandre Bankowski, Bonnie Brenier, Mathilde Cotillon, Anastasia Fleury (tax, fiscal and social DD).

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • Consumer
  • France
  • Expansion
  • France
  • Capzanine

More on Consumer

Fundraising in euros
Oakley raises EUR 2.85bn for fifth flagship fund

More than twice the size of its 2019 predecessor, the vehicle will allow for larger equity tickets, more investments and bolt-ons

  • Buyout
  • 02 February 2023
Integra Partners team (Bernard Hendrikx third from left)
Integra Partners heads for year-end close for EUR 250m second fund

Vehicle is open to retail investors with tickets of EUR 500,000-plus and will make fund and co-investments

  • Funds
  • 02 February 2023
John Garner of LDC
LDC outlines plans for new record year of deployment

Despite macro woes, sponsor wants to build up on last year’s pace of investment and exceed GBP 400m mark in 2023

  • Funds
  • 01 February 2023
Cruise holidays and tourism services
Inflexion’s Scott Dunn valued at GBP 121m in trade exit

Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund

  • Exits
  • 31 January 2023

Latest News

Container transport and logistics
  • Buyouts
CVC acquires Scan Global logistics from AEA Investors

AEA and management have reinvested for a minority stake in the Danish logistics provider

  • 06 February 2023
Jean-Charles Decaux of Eurazeo
  • People
Eurazeo shakes up executive board; CEO Virginie Morgon to depart

New board members are chairmen Christophe Bavière and William Kadouch-Chassaing, as well as Sophie Flak and Olivier Millet

  • 06 February 2023
Human microbiome
  • Venture
Seventure preps third generation of microbiome fund

Health for Life III to be slightly larger than EUR 250m predecessor; will invest in Europe, US, Israel

  • 06 February 2023
Cem Baytok of Idacapital
  • Venture
Idacapital targets close to USD 30m for impact fund

Turkish VC seeks to raise USD 5m every six months for new rolling investment vehicle

  • 06 February 2023
Back to Top

Most read

Container transport and logistics
CVC acquires Scan Global logistics from AEA Investors
Jean-Charles Decaux of Eurazeo
Eurazeo shakes up executive board; CEO Virginie Morgon to depart
Human microbiome
Seventure preps third generation of microbiome fund
Cem Baytok of Idacapital
Idacapital targets close to USD 30m for impact fund
  • About Unquote
  • Advertise
  • Contacts
  • About Acuris
  • Terms of Use
  • Privacy Policy
  • Group Disclaimer
  • Twitter
  • LinkedIn

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013