EQUITA assisted Cape Natixis

K Finance - Mid-market M&A advisory
Cape Natixis 1920x1080
Cape Natixis 1920x1080

Cape Natixis Private Equity Fund has sold Schmid to Siparex.

Cape Natixis sold Schmid for more than 19 million euros to the Italian division of French Pivate Equity fund Siparex.

K Finance served as advisor to Cape Natixis.

 

The transaction in a nutshell

2008 03 Tombstone Schmid Cape Siparex

Cape Natixis Private Equity Fund has sold Schmid to Siparex.

Client:
Cape Natixis Private Equity Fund
Date:
2008
Mandate:
Siparex acquired Schmid from Cape Natixis Private Equity Fund
Role:
Financial Advisor
Value:
€ 19 m
Team:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Cape Natixis Private Equity Fund offers assistance in the analysis of the company's balance sheet, economic and financial situation; assistance in the due diligence activity; assistance in negotiations and in defining the agreement with the counterparty; and coordination of the activity of other advisors involved in the transaction.

Schmid produces and trades fabrics for footwear, highly advanced both in terms of material and design, has a leading role in the international “haute couture” market. Sales in 2007 were about 17 million euros with an EBITDA of about 20 %.