Past Investments

Industries

We invest across a broad spectrum of industries, focusing on those where our experience and network of investors can be capitalised on. The key investment themes we work in are

  • IT and telecommunications

  • Engineering services

  • Precision manufacturing

  • Energy transition

  • Food

  • Travel

  • On- and offline publishing

  • Cosmetics

Ownership

Our targets have various ownership structures, including founder or family owned, private equity or venture capital as well as stock-market listed.

Size

We work with revenue-generating companies at all stages of the business cycle, from pre-IPO fast growing to more mature listed companies. Capital Système Investissements invested in companies with a turnover ranging from 5 to 500 million.

Past Investments

Airwell
Industry
Air conditioning, heating
Geography
France, global
Value Add
Private debt structuring, placement capacity
lococompany

Capital Système Investissements raised € 3m in a club deal from professional European investors (private banks, family offices, independent asset managers). This fundraising allowed Airwell to finance its rapid growth as well as the buyout of Airwell Residential Services, its international subsidiary. The financing was carried out in form of a convertible bond with a monthly coupon and principal amortisation. This structure allows investors to quickly recuperate their capital and interest, while greatly reducing the financial burden for the company. The bond has an ISIN code which makes it fully transferable.

Drone Volt
Industry
Civilian Professional Drones
Geography
France, Europe, USA
Value Add
Private debt structuring, placement capacity
lococompany

Capital Système Investissements structured a private debt offering for Drone Volt and placed it with Swiss Private Banks. Drone Volt, a French drone manufacturer, listed on Euronext-Paris (ALDRV), is a leader in professional drones equipped with AI (artificial intelligence). The company does realise a significant share of its revenues in the USA (government agencies) and across Europe (big corporations, national security). The funds raised were instrumental to funding Drone Volt’s growth, more specifically in the USA, leading to a significant uplift of its market capitalisation. The bond with a maturity of 24 months has an ISIN code which makes it fully transferrable.

Lucibel
Industry
LED lighting
Geography
France, global
Value Add
Placement capacity, secondary market liquidity
lococompany

Capital Système Investissements advised Lucibel during three consecutive rounds of capital increases and its subsequent listing on Euronext Alternext aimed at building a global distribution network. Beyond their financial contribution, the family office and strategic investors have shared their networks to accelerate Lucibel's international growth. We also placed Lucibel shares on the secondary market, ensuring liquidity for existing shareholders while allowing the company to expand its shareholder base.

Easybike
Industry
Electrically assisted bikes
Geography
France, Europe, USA
Value Add
Placement capacity, secondary market liquidity
lococompany lococompany

Through a secondary offering of about 25% of Easybike’s capital, Capital Système Investissements has created liquidity for early-stage investors while allowing the company to broaden its shareholder base. The new investors include renowned entrepreneurs who, beyond their financial contribution, are active brand ambassadors and allow Easybike to accelerate its growth, particularly outside France.

Mandriva
Industry
Linux open source software
Geography
France, global
Value Add
Access to Swiss investors
lococompany

As Mandriva was coming out of a turnaround situation we raised capital from Swiss independent asset managers and small cap funds in parallel to Occam Capital becoming a major shareholder of the company.

Poweo
Industry
Energy utility
Geography
France, Euronext listed
Value Add
PIPE, Private Investment in Public Equity
lococompany

Within a public capital increase to grow Poweo's energy production and distribution capacity, we raised private equity from a large family office, allowing for a stable shareholder base of the company.

Sea Mobile
Industry
Mobile telecommunications
Geography
USA, global
Value Add
Defend interests of minority shareholder
lococompany

After a phase of rapid growth, we advised one of the founders and minority shareholders of SeaMobile on his exit to a French family office investor.

Alis Technologie - Nstein
Industry
Multilingual information management software
Geography
Canada - TSX listed
Value Add
Access to European investors
lococompany lococompany

Capital Système Investissements advised Alis Technologies during three consecutive rounds of capital increases to strengthen its balance sheet prior to its acquisition by Nstein Technologies. The placements have been underwritten by two Swiss private banks, Sarasin and Clariden, an important French family office, the investment fund Banexi Communication, by Mercury Partners a Geneva venture capital fund and by IUGO Ventures.

Schraner
Industry
Precision parts
Geography
Switzerland
Value Add
Access to German and French buyers
lococompany

After a phase of rapid growth and the launch of a manufacturing affiliate in Poland we advised the 4th generation family shareholders on their exit.

Kopp
Industry
Automatic barriers and gates - civil and military
Geography
France
Value Add
Financial restructuring
lococompany

As Kopp France was coming out of a turnaround situation we advised on a reorganisation and balance sheet restructuring to allow for a subsequent working capital enhancement.

Kairos
Industry
Resort development
Geography
France, Biarritz
Value Add
Private debt structuring, placement capacity
lococompany

Kairos, created in 2003, is a designer and builder of leisure residences, specialising in hotels and luxury villas in mountain resort (Chamonix, Megève) and seaside resorts (Saint-Jean de Luz, Biarritz). With more than 50 projects, including the hotel and chalets Alpaga in Mégève, the company has a successful track record. Capital Systeme Investissements structured a private debt offering for Kairos and raised funds for the construction of a villa in Biarritz.Kairos successfully refinanced the villa in Biarritz, which allowed to reimburse the private bond 12 months prior to its due date.

Paul
Industry
Bakery
Geography
France, China
Value Add
Placement capacity, fast-track process
lococompany

Several Middle-Eastern family offices invested € 6.0m in Paul Bakery China. Paul is a traditional French bakery present in more than 20 countries. We fine-tuned the business plan, identified the investors and provided post-closing support.

Marco & Vasco
Industry
Internet travel
Geography
France, China
Value Add
Fine-tune market entry concept, business planing and valuation, cross-border transaction
lococompany

Alven Capital invested € 3.5m in two stages helping Marco & Vasco to enlarge their services from a single destination (China) to a global offering, covering travel destinations worldwide.

Mila
Industry
Casual fine dining
Geography
USA
Value Add
Access to cross-border investors
lococompany

Through a club deal of family office and private investors Capital Système Investissements has assisted Mila’s founders to raise the capital for an initial restaurant location in Miami, Florida. The private placement includes an anticipated return of the capital, enabling investors to recover a share of their capital during the growth phase of the business. The investors include renowned French and Central American entrepreneurs who, beyond their financial contribution, are active brand ambassadors.

Schloss Kaltenberg
Industry
Theme restaurants
Geography
Germany, China
Value Add
Approach both strategic and operating partners investors
lococompany

To further enhance the growth of Schloss Kaltenberg's theme restaurant business we screened the Chinese market, identified potential partners to build a Chinese franchise network and advised the company on deal structuring and financing.

Maison Kayser
Industry
Bakery
Geography
France, Hong Kong, China
Value Add
Fine-tune market entry concept, benchmarking, business planing and valuation
lococompany

Capital Système Investissements assisted Maison Kayser in expanding its Asian market presence by launching a franchise in Hong Kong. We benchmarked the offering of local competitors, build a business plan based on Maison Kayser's economics in different geographies, established a valuation and a roll-out plan.

Steak 'n Shake
Industry
Gourmet burger
Geography
USA, France, Germany
Value Add
Approach both strategic and operational partners
lococompany

We assisted Steak 'n Shake in identifying partners to build a European Franchise, branching out from the existing US $ 1bln business in the United States. We approached French and German family offices in the restaurant, food production and distribution market to prepare the launch of Steak 'n Shake in Europe.

SID Nutrition
Industry
Nutritional supplements
Geography
France
Value Add
Placement capacity, optimised conditions
lococompany

In 2008, under very challenging market conditions, we raised capital from Swiss private banks to fund the pharmacy distribution network and working capital requirements of SID Nutrition, an innovative French nutritional supplements manufacturer.

Eurolactis
Industry
Baby food, cosmetics
Geography
Switzerland, Italy
Value Add
Fine-tune market entry concept, benchmarking, business planing and valuation
lococompany

Eurolactis is an integrated donkey milk producer from farm level to end-product marketing. Prior to the entry of a family office investor we benchmarked the competitive offering, defined a business model, build a business plan by analysing Eurolactis' economics, established a valuation and roll-out plan.

Dr. Renaud - G.M. Collin
Industry
Cosmetics
Geography
France
Value Add
Access to entrepreneurial buyers
lococompany lococompany

After a successful turnaround, with a factory in France and a distribution network in 55 countries, we advised the shareholder on his exit.

Label Group
Industry
Media & communications agency
Geography
Switzerland
Value Add
Strategic review and organisational restructuring
lococompany

After advising the founder of Label Group on a development strategy, we raised the funds required to open additional offices and accelerate Label's growth across Switzerland and internationally. The family office investor identified not only contributed growth capital but also became a member of the company's management team.

Publibrands
Industry
Print & online publications
Geography
Switzerland, global
Value Add
Placement capacity
lococompany

By raising additional growth funding from Avenir Finance, a French venture capital, we facilitated Publibrands' external growth in Switzerland and the launch of additional international editions of Sur La Terre magazine.

iConcerts
Industry
Music TV channel
Geography
Switzerland, Europe, Asia
Value Add
Preparation of the company prior to the entry of a strategic investor
lococompany

Prior to a large European telecommunications operator becoming a strategic investor in iConcerts, we assisted the management in refining the business model, establishing investor documentation and valuation as well as providing support throughout the negotiation process.

Virtual Network
Industry
Multibrand internet publishing
Geography
Switzerland, Europe
Value Add
Access to European investors
lococompany

Based on its proven platform and while generating a top-tier Ebitda margin, Virtual Network was looking for a strategic partner to divest parts of its domain name portfolio and further develop its online advertising business. We screened the market, identified potential buyers and partners and advised the founders on deal structuring.

2T Productions
Industry
Internet TV channel & content production
Geography
France
Value Add
Placement capacity, optimised conditions
lococompany

In 2008, under very challenging market conditions, we raised capital from French and Swiss family office investors to fund the strong growth of 2T Productions' audience and to expand the production of its proprietary programs. We also placed additional capital in parallel to Groupe Marie Claire becoming a strategic shareholder of 2T Productions.

Touax
Industry
Operational equipment leasing
Geography
France, global
Value Add
Placement capacity, fast-track fund raising
lococompany

During a phase of rapid growth we assisted Touax with financial engineering and raised convertible debt from Fidelity Investments. Capital Système investissements also raised capital from family offices for Touax's asset pools invested in rail cars, river barges, modular buildings and shipping containers.

Sogeti
Industry
IT security
Geography
Switzerland
Value Add
Knowledge of Swiss IT service targets
lococompany

To further enhance Sogeti's growth in Switzerland we screened the market, identified potential targets and advised the company on deal structuring and financing.

Reyes Groupe
Industry
Electrical engineering & industrial automation
Geography
France
Value Add
Balance sheet restructuring
lococompany

During a phase of rapid growth, Groupe Reyes was aiming to enlarge its working capital position. We advised the founder on a balance sheet restructuring as a basis for subsequent mezzanine funding by the banks of the company.

Umanis
Industry
IT consulting & services
Geography
France - Euronext listed
Value Add
Balance sheet restructuring, corporate communication
lococompany

As Umanis was coming out of a turnaround situation, we advised on a debt restructuring to allow for a subsequent refinancing of the company's debt. In parallel, Capital Système Investissements initiated a corporate communication program highlighting the improved business results and building the basis for further transactions.

Soditech
Industry
Engineering services
Geography
France, Switzerland, Germany - Euronext listed
Value Add
Knowledge of Swiss and German engineering targets
lococompany

To further enhance Soditech's growth beyond France, we screened the Swiss and German market, identified potential targets, and advised the company on deal structuring and financing.