Calcium Capital invests €14m in Climb Up

Climb Up founder and president Francois Petit remains the majority shareholder alongside BPI France, which has backed the business via its France Investissement Tourisme fund since 2017, and supported the business by providing financing in 2011.

Previous backer Carvest, which first invested in the business in 2011, has exited.

Company
Founded in 2011 and based in Lyon, Climb Up operates 20 climbing walls in France, employing 180 people. Facilities are designed for a wide audience, including children, adults, professional climbers and disabled climbers. 

According to a press release from 2017, the group was expecting to generate revenues of €6m for that year.

People
Climb Up – Francois Petit (founder, president).
Calcium Capital  – Jean-Luc Biamonti (partner).

Advisers
Company – Oaklins France (M&A); Bird & Bird (legal); Grant Thornton (corporate finance).
Equity – Viguie Schmidt & Associes (legal); Pericles (legal); Fidal (legal); Exelmans (financial due diligence).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• France
• Consumer
• France
• BPI France