Galiena Capital acquires Cameo Energy stake
Galiena Capital has bought a stake in France-based Cameo Energy, a company providing services to businesses related to their energy transition.
Galiena will help Cameo Energy to accelerate its development, via organic and external growth, in France and internationally. The business intends to particularly further expand its Energy Saving Certificates activities, according to a statement.
Created in 2009, Galiena Capital typically buys majority stakes in SMEs based in France and valued in the €10-30m range. The GP has bought a majority stake in Cameo in a primary transaction, according to French publication Capital Finance.
Company
Founded in 2012 and based in Paris, Cameo Energy provides financing and energy optimisation consulting services for businesses operating in sectors including contruction, transportation, agriculture and industrials.
The business connects companies that improve energy efficiency with different financial partners, including energy suppliers. It also provides Energy Saving Certificates. The company currently generates a turnover of €25m, a five-fold increase on 2016, according to a statement.
People
Cameo Energy - Benoît Ferres (president).
Galiena Capital - Pascal Noguera (president).
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