Private equity firm BNP Paribas Developpement has acquired a minority stake in French store layout specialist Groupe Cinto, while Rhône-Alpes PME – part of the Siparex group - exited the investment.
With the support of Main Capital, the group plans to build a software platform and expand internationally
Senior members of the private equity firm personally contributed to the fund
GP first invested in the cloud software provider in 2017 and owns a majority stake in the company
Investment in the Hamburg-based digitalisation consultancy is the second from Ufenau VI