Axa PE takes 15% stake in Clip Industrie

Clip Industrie will use the fresh funding to support its ongoing development.

Company
Founded in 1988, Clip Industrie develops and publishes Clipper, a computer-aided production management system for industrial SMEs. Its user base comprises manufacturers of specialist machines, machine operators in mass production, boilermakers, sheet-metal workers and mechanics.

Based in Aix-en-Provence, Clip Industrie employs 60 staff. It posted a turnover of around €4.9m in 2011.

People
Geoffroy de La Grandière and Laurent Foata worked on the deal for Axa PE. Arnaud Martin is CEO of Clip Industrie.

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• Topics
• France
• Expansion
• Technology
• France
• Axa Private Equity