Andera, BPI France back Orest Group

The GPs invested alongside the management team and CEO Denis De Becker.

Andera Partners is investing via Capestan Capital 2, a small-cap fund closed on €165m in 2016. The investment is the fund's 10th deal.

Orest intends to bolster its international expansion and product development following the deal.

Company
Founded in 1963, Orest specialises in the creation and manufacture of jewellery. The group produces rings, bracelets and necklaces, and claims to produce around two thousand pieces of jewellery each day. Orest manufactures for its own brand and on behalf of third-party luxury brands; it generates a turnover of nearly €50m.

People
Orest Group – Denis De Becker (chair).
Andera Partners – David Robin (associate director).
BPI France – Olivier Lévy (director).  

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• Topics
• Buyouts
• France
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• France
• Andera Partners
• BPI France