Naxicap invests in Pisoni Publicité

Banque Populaire Cote d'Azur arranged senior debt to finance the acquisition, the amount of which was not disclosed. The company's founder also reinvested in the business.

The new owners aim to double the size of the company within five years. The company will look to reach new markets in nearby regions and may consider relevant acquisition opportunities.

Founded in 1987, Pisoni Publicité rents advertising space on billboards and urban furniture in the Provence-Alpes-Cote d'Azure region.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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