Industri Kapital has acquired Groupe Etanco from the Lebraut family after a share purchase agreement. Industri Kapital acquired Etanco in partnership with company CEO Ronan Lebraut, members of the founding family and the management.
First MBO in Italy for the GP, which will now start investing from its recently raised Fund VIII
Add-on comes after Mergermarket reported that the sale of Bergman had been suspended in March 2020
Trade buyer Xact was acquired by JLL Partners from Clearview Capital in 2018 in an MBO
Existing investors Novo Holdings, Morningside Ventures and Brace Pharma Capital also participate