Naxicap-backed GSM Consulting acquires Subventium

As part of the investment Naxicap also increased its stake in GSM Consulting. Naxicap invested €5.75m in the company in 2009 in return for a 24% stake.

Subventium specialises in financial advice for innovative businesses and benefits from a portfolio of 500 clients. The combined companies generate a turnover of $23m, offering a range of fiscal, social environmental and financial advice to French SMEs. 

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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