Ixo, BPI invest €5m in i-Run

The company hired Capitalmind as its corporate finance adviser, which then approached Ixo and BPI to strike a deal.

The €5m equity injection by BPI and Ixo has been accompanied by a debt facility provided by Crédit Mutuel and BNP Paribas.

Company
Founded in 2006 and headquartered in Saint Alban near Toulouse, i-Run is an online retailer of sportswear, particularly shoes and clothing for running and trail-walking.

Brands sold by the company include Adidas, Nike, Reebok and Puma. The company generates €30m in revenues and employs around 40 staff.

People
Ixo partner Jean-Luc Rivière and associate Rémi Chériaux worked on the deal alongside BPI investment director Christine Busque.

Advisers
Equity – Fidal, Mathieu Aurignac, Amandine Gallard (Legal); KPMG, Béatrice Charlas, Rémi Dufetel (Tax); Aquitem, Agnès Passault, Marie-France Blanco (IT due diligence); Morelle & Bardou - Cabinet Plasseraud, Jacques Bardou (IP due diligence); Assurinco, Stéphane Juan (Insurance due diligence).
Company – Capitalmind, Jean-Arthur Dattée, Thibault Laroche-Joubert, Patrick Atzel, Raphaël Marteau (Corporate finance); Altij, Patrick Nadrault, France Charruyer (Legal).

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

• Topics
• France
• Expansion
• Consumer
• France
• iXO Private Equity