2023
SWEN Capital Partners (SWEN CP), an investor in Argos Climate Action (“ACA”), Europe’s leading “Grey to Green” buyout fund, co-invests in the Fund’s first acquisition.
Argos Wityu supports TKH France’s buy-and-build strategy with this first investment, made less than 3 months after the group’s acquisition at the end of September 2023.
Argos Wityu has always been committed to making ESG a part of its core mission and applying leading ESG principles in its practices. In 2021, the firm joined the UN Principles for Responsible Investment (UNPRI).
Following the announcement of the first closing at the beginning of September, Argos Climate Action, Europe’s leading “Grey to Green” buyout fund, today announces its entry into Bracchi, a leader in freight transport and logistics, with a majority stake.
Marcel Claessen is an experienced executive with a proven track record in transport and logistics. For the last 4 years he worked as CEO of The Medical Export Group, a company supporting governments, NGOs and aid organisations in responding to medical emergencies and improving access to healthcare.
Argos Wityu, the majority shareholder of IJssel Technologie since 2022, supports the ambitious buy & build strategy of the company, with this transaction as the first in the chain to build a full-service proposition for its customers.
Sicura is the leader in Italy for offering services in health and safety at work, overseeing areas of fire prevention, occupational medicine, safety consulting and training, and acting as a reference point for the RSPP function of its clients. In recent years, it has grown rapidly thanks to an effective mix of organic growth and external expansion, of which CDS represents a fundamental step in consolidation.
Argos Wityu, the independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions, have today published the Mid-market Argos Index® for the 3rd quarter of 2023. Launched in 2006, this index tracks the valuations of private, eurozone mid-market companies in which a majority stake has been acquired during the last six months.
Argos Wityu, an independent European investment fund, has promoted Pierre Cassignol and Tobias Kappis to the position of Investment Manager, and Skyler van Wezel to the position of Associate. The Argos team comprises 70 employees in its 7 European offices.
While being central contributors to both GDP and greenhouse gas emissions, medium-sized enterprises are often perceived as a blind spot in climate action and media coverage. According to the European Commission, their GHG contribution could represent up to two thirds of the total European emissions. As of today, the mid-market ecosystem is far from being ready to comply with the already-voted European Corporate Sustainability Reporting Directive (CSRD), which will demand businesses with over 250 employees and €40m turnover to disclose their impact on climate, including scope 3 emissions, with a full-year reporting period starting on Jan 1st, 2026.
Argos Wityu is pleased to announce that Argos Climate Action, its buyout fund dedicated to decarbonising European SMEs, has held its first close at €120 million, reaching 40% of its initial target.
Argos Climate Action is an SFDR article 9 fund. It is the first milestone of the strategy to extend the Argos Wityu platform beyond the historical Mid-Market funds. With this new fund-raising, Argos Wityu now manages €1.7 billion of assets.
The Mid-market Argos Index® for the 2nd quarter of 2023, published by Argos Wityu, the independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions, is now available. Launched in 2006, this index tracks the valuations of eurozone private, mid-market companies in which a majority stake has been acquired during the last six months.
Amsterdam, 6 JULY 2023 – Pan-European Private Equity group Argos Wityu announces today it has opened its Amsterdam office. This expansion marks a significant milestone in the firm’s continued growth in Europe, reinforces its presence in the Benelux, and further strengthens its commitment to providing close support to Dutch mid-sized companies.
The objectives are to accelerate growth in France and international expansion both organically and through build-ups, to increase digitalization, develop activities on selected markets bringing more value to customers and better address high potential trends as the Power over Ethernet (PoE).
Argos Wityu, the independent European investment fund, has joined Impact France, the leading movement of French companies and executives who have made ecological and social impact central to their business activity.
Argos Wityu, the independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions, have today published the Mid-market Argos Index® for the first quarter of 2023. This index, launched in 2006, tracks the valuations of unlisted eurozone SMEs in which a majority stake has been acquired during the last six months.
This first acquisition enables Agôn Electronics to accelerate its international expansion and reinforce its expertise in the railway market. Argos Wityu invested in Agôn Electronics in February 2022, making it the third investment of its Fund VIII, which now includes six European SMEs.
The Intergovernmental Panel on Climate Change (IPCC) has just presented its 36-page summary of all the knowledge accumulated on climate change over the past 9 years. Many believe this report must be an inaccessible piece of scientific jargon. It is not! It certainly requires some attention, but you won’t waste your time if you take 2 hours to read these 36 pages (available through the link at the bottom of the newsletter).
Coexya has more than 20 years of experience in consulting, integration and software development and is specialised in digital transformation. Coexya’s mission is to support organisations by developing solutions that address the new ways employees and customers use data. Coexya is active in six areas of expertise: customer experience, digital content, health, legal, location intelligence and smart data. The group serves more than 390 clients and generated turnover of c. €90m in 2022. Coexya employs almost 900 FTEs based in Lille, Brest, Lyon, Paris and Rennes.
PAI Partners (“PAI”), a pre-eminent private equity firm, today announces that it has agreed to acquire La Compagnie des Desserts (“LCDD” or “the Company”), a leading premium frozen desserts supplier for the food service market, from independent European investment fund Argos Wityu. Credit Mutuel Equity, which held 20% of the shares alongside Argos Wityu, also exits completely, having supported the Barral family, founders of LCDD, since 2005.
Norline AG offers a broad range of services to building technology installers, ensuring a smooth transition from fossile fuel heating systems to modern sustainable solutions such as heat pumps. The common objective with Argos Wityu is to accelerate Norline’s growth by expanding geographically, broadening the customer base, expanding the service offering and further developing the internal start-up for 3D fabrication models.
Acquisition prices of European SMEs down slightly to 9.9x EBITDA, signalling the start of an anticipated decline. Argos Wityu, the independent European investment fund, and Epsilon Research, the online platform for the management of non-quoted M&A transactions, today published the Argos Index® Mid-market for the fourth quarter of 2022. This index, launched in 2006, tracks the valuations of eurozone private, mid-market companies in which a majority stake has been acquired during the last six months.
Following the acquisition of IJssel Technologie (closed on December 22, 2022), a Dutch industrial maintenance services provider, Bas Ambachtsheer is appointed CEO and Chris van Overbeeke CFO. The objective is to reinforce the company’s robust market position by accelerating commercial developments, boosting innovation, contributing to the energy transition, and deploying a clear M&A strategy.
Argos Wityu, an independent European investment fund, has promoted Roel van Ark and Arne Louwagie as Directors, Gabriele Scalco as Investment Manager, and Aïssatou Dia and Marc Faucon as Associates. The investment team has a total of 36 members.
