Nextstage backs Groupe TCV MBO with €2.8m
Nextstage has backed the management buyout of French ventilation specialist Groupe TCV with a €2.8m investment.
Nextstage will hold a minority stake in the business following the investment, which will be used to finance the company's organic growth and acquisition strategy.
Groupe TCV designs, manufactures and installs ventilation systems used in the construction industry. Founded in 2000, the Antony-based company employs 145 people and posted a €20m turnover for 2009.
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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