Read the original article in Les Echos Capital Finance here.
Joffe & Associés (Christophe Joffe, Charlotte Viandaz, Clémence Bressolin and Clément Peillet), advises Aktid on the opening of its capital to Initiative & Finance Tomorrow, for its international development.
Against a backdrop of growing ecological awareness and legislative constraints, Aktid, the French leader in sorting center design, celebrates its 18th anniversary by opening up its capital to a financial investor for the first time. Following a process led by Mazars CF, this Savoie-based SME, founded by Pierre André Payerne in 2005, has chosen to entrust between 30% and 45% of its capital to Initiative & Finance’s new mid-cap fund, Tomorrow.
This fund specializes in investments in mid-cap companies committed to the environmental transition. Crédit Agricole des Savoies, the company’s long-standing banking partner, is also participating by co-investing via its regional private equity structure, C2AD, and co-arranging senior debt with Arkea and Caisse d’Epargne Rhône-Alpes.
Proudly claiming its number-one position in the market for the design and construction of sorting and recovery facilities for non-hazardous solid waste, Aktid has seen remarkable growth in its sales, which have doubled in just one year, from 40 to 80 million euros in 2023. This significant increase can be explained in part by the company’s high visibility on its order book and its ability to anticipate the increase in its activity by actively recruiting some thirty employees over the last few years, bringing its workforce to around one hundred.
