Naxicap and Avenir Entreprises reinvest in Oralia

Both firms took part in the €35m management buyout of the business from Siparex, Socadif and Actidev in 2004. Other shareholders, including private equity house Aquasourça, exited their positions following the restructuring. Management retains a majority stake in the business.

Oralia is a real estate management firm founded in 1994 and based in Lyon. With over 100,000 residential units under management, the group now plans to double its size within five to seven years.

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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• Topics
• France
• Expansion
• Real estate
• Avenir Entreprises
• Naxicap
• France