the sale by Ardian to Apax
of its stake in the group
We are pleased to announce that Apax Partners sas, one of Europe’s leading private equity firms, has become a majority shareholder of Opteven!
Apax Partners will support us in the deployment of our new strategic plan.
This plan aims to respond to the main mobility challenges facing motorists in the coming years: decarbonisation of vehicles with electric and hybrid engines and biofuels, digitalisation of the user experience, development of autonomous vehicles and changes in usage with subscription formulas.
This plan should enable Opteven to continue to expand in France and internationally, by achieving ambitious growth targets, anticipating changes in the mobility market and developing innovative service offers that are as close as possible to the evolution of usage.
We would like to thank Ardian and Capza for their involvement with us over the last few years and for accompanying us in the internationalisation and digitalisation of the group.
With the support of Ardian and Capza we have expanded our geographical footprint in Europe with the opening of two subsidiaries in Spain and Germany, and extended our operations in Austria. In addition, the Group has strengthened its positioning with the automotive retail sector through two acquisitions of mechanical breakdown specialists in France and the UK.
Since 2018, the number of employees in the company has more than doubled; in 2021, the Group’s 850 employees generated €260 million in revenue, of which more than 30% was generated internationally.
The transaction remains subject to the approval of the ACPR and the FCA, as well as the competition authorities.