Paris, March 14, 2018 – Essling Capital, an independent private equity company, has announced that it is enhancing its direct investment expertise by launching a growth equity investment fund: Essling Expansion.
This new vehicle, which has a target size of €200 million, will focus on supporting high-growth European companies, in particular in segments related to digital, healthcare and business services. It will act as a majority or reference shareholder alongside management.
This initiative is being followed by the arrival of: Sidney Cabessa as Senior Advisor,Bertrand Fesneau and Rémi Matuchansky as Co-managers of Essling Expansion. Bertrand and Rémi have already together completed more than 30 transactions based on this same strategy over the past 20 years, the most recent of which are Menix, AMS, Talentia Software and Sogelink. New members will be added to the Essling Expansion team over the next few weeks.
Michele Mezzarobba, CEO and co-founder of Essling Capital, stated: “Since starting up in April 2017, we have continuously enhanced and diversified our expertise. Our expansion into majority investments is happening at an appropriate time given the numerous investment opportunities to support the development of high-growth SMEs. After the success of our co-investment vintage funds, this vehicle allows us to expand our area of expertise in direct investment in order to support shareholders and management in their growth strategy. At this time, we are also very proud to announce the arrival of Sidney Cabessa as Senior Advisor at Essling Capital. His experience and track record add significant value to our company’s development. “
Biographies
Sidney Cabessa is a chemical engineer and a graduate of Science Po Paris. Between 1986 and 2012, Sidney Cabessa was Chairman of the Board of CIC Finance, Chairman of the Supervisory Board of CIC LBO Partners and Chairman of the Supervisory Board of CM-CIC Capital Privé. He served as Senior Adviser at Rothschild et Cie between 2012 and 2017.
Bertrand Fesneau, age 57 and a graduate of ESSEC and INSEAD Business Schools, began his career in 1990 at 3i, where he was Deputy Managing Director from 1997 to 2003 in charge of LBO and development capital activities. In 2004, he co-founded and served as Chairman of CIC LBO Partners. In 2016, he joined Turenne Capital as Managing Director.
Rémi Matuchansky, age 46 and a graduate of ESCP-EAP Business School, began his career in 1994 at 3i Group in London. In 1999, he took on management and operational positions at the La Toulousaine manufacturing group. In 2004, Rémi co-founded CM-CIC LBO Partners, where he served as Managing Director and then Chairman.