BPI France closes €200m Fonds Build-up International
BPI France has held a final close on €200m for Fonds Build-up International (FBI), targeting French companies looking into expanding internationally via buy-and-build strategies.
FBI will support portfolio companies with the identification of targets, study of acquisition opportunities, choice of potential advisory services – particularly for financial and legal due diligence – the search for local investors, and setting up post-acquisition integration programmes.
Investors
The Secrétariat Général pour l'Investissement (SGPI), within the framework of BPI France's Investments for the Future programme, is backing the vehicle.
Investments
FBI will support French SMEs and mid-cap companies that have revenues of between €20m-1.5bn in their external growth operations. The fund can co-invest between €3-30m in equity.
People
Secrétariat Général pour l'Investissement – Jean-Luc Moullet (director).
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