Solstyce has completed an LBO alongside NextStage
The private shareholders of Solstyce have completed a primary LBO alongside NextStage AM.
Solstyce is a renewable energy group that provides global services, such as development, building, operating and maintenance in the photovoltaic, e-mobility, carbon footprint and water tightness industries. The firm has an integrated model implementing comprehensive solutions where energy production, mobility and the creation of smart grids deliver an essential three-pronged approach in the transition towards clean energy to building the cities of the future. Solstyce also builds and maintains solar power stations. It has a cutting-edge engineering department and an integrated multi-disciplinary installation team, as well as a maintenance and operations department to ensure the optimal performance of facilities throughout their lifetime. For the last 10 years, Solstyce has been involved in electric mobility. It has a unique partnership with Group Renault, providing electric vehicle charging solutions for its customers’ fleets. The company is also establishing and implementing a low-carbon strategy.
NextStage AM has been supporting growth entrepreneurs in their development since 2002 with its multi-strategy private equity platform, which at the end of December 2020 represented more than US$7.2 billion of assets under management, directly and indirectly collected from institutional investors and individuals.
BPIfrance Investment is also co-investor in the operation with its fund FIEE dedicated to energy and ecological transition. BPIfrance Investment is the French Sovereign Fund investing in startups, SMEs and mid-caps through direct investment and a fund of funds activity.
Oaklins’ team in France acted as the exclusive advisor to the shareholders of Solstyce in this transaction.
Talk to the deal team
Related deals
VINCI Energies has acquired RH Marine and Bakker Sliedrecht
RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.
Learn moreGroupe JVS has completed an LBO with Capza and Bpifrance
The shareholders of Groupe JVS have completed an LBO with Capza and BpiFrance. Parquest sold their shares after partnering with the organization for three years. Groupe JVS’s management team will increase its ownership and remain as the majority shareholder of the group, alongside CAPZA and Bpifrance.
Learn morePBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas
Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.
Learn more