Info Deal: Optimum Automotive
News : transaction services
Aca Nexia performed Optimum Automotive's financial due diligence on a fundraising deal with Paris Fonds Vert managed by Demeter, Amundi Private Equity Funds and its historical financial shareholders.
“OPTIMUM AUTOMOTIVE, now an undisputed player in Fleet Optimization thanks to the smart processing of connected data, announces that it has raised € 14m from new funds: Paris Fonds Vert, fund managed by Demeter and supported by the City of Paris , Amundi Private Equity Funds, and new investments by three long-standing shareholders: the Sud Investissement co-investment fund advised by the Turenne Group for the management of its investments, the Cap Développement fund managed by A + Finance and the SCR Provençale and Corsica, a subsidiary of Banque Populaire Méditerranée.
The development of connected services is disrupting the management of companies’ fleets. Fleet managers are now waiting for service offerings that will allow them to measurably reduce their operating costs, reduce the environmental impact of fleets and facilitate the move towards electric vehicles and new forms of transportation. mobility such as carsharing or carpooling.
The exercise is mainly intended for the Group’s financing and in a small part for the liquidity of historical business angels.
The ambition of the company is twofold: firstly, to continue its establishment on the French market of connected fleet management services, which is experiencing strong growth. The priority issue is to equip a growing share of existing fleets of professional vehicles with connections enabling them to access the diversity of services offered by Optimum Automotive, thereby optimizing their fleet.
The aim is also to extend the offer to new European markets by adapting the services offered to the characteristics of each market, mainly through external growth. Optimum Automotive also aims to increase its presence on the African continent where it has already been present since 2015 through its Moroccan and Ivorian subsidiaries.”
**
Link(s)