
Montefiore invests €18m in Digilinx
Montefiore Investment has acquired a majority stake in Digilinx, a France-based B2B networking events organiser, investing €18m in the business.
Montefiore's backing will support the business in growing organically and pursuing its buy-and-build strategy and international expansion, which could take place in southern Europe and possibly in Canada, according to website frenchweb.fr.
In the future, the business intends to organise events not only for digital sector professionals, but also for those working in HR, finance, communications and marketing, among other sectors.
The GP is currently investing via Montefiore Investment IV, which closed in 2016. The fund typically targets companies with a turnover within the €20-200m range and an EBITDA of €3-30m.
Company
Founded in 2011, Digilinx organises events that bring together senior professionals from the digital sector to generate deals or partnerships. To date, 80 events have been organised.
The company relies on business matchmaking algorithms to organise meetings between decision-makers and service providers. It has a headcount of 25 people and is based in Puteaux.
People
Montefiore Investment – Herve Bloch (founder).
Alexandre Bonnécuelle – Montefiore Investment (partner).
Advisers
Company – Victoria Advisory, Samuel Bokobza (M&A); Benjamin Garcon (legal).
Equity – Forward Management (commercial due diligence); D'Ornano & Associes (legal); Levine Keszler (legal); Mayer Brown (financial due diligence).
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