short-right-arrow logoMobile media-pie 1 7 % share download email linkedin round-download

Privacy Preference Centre

Your Privacy

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. We use two types of cookies on our website: cookies which are necessary for this website to function and analytics cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Cookies used

  • CookieNotice
  • CookieAnalytics


Analytics Cookies

These are Google Analytics cookies which allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site and social media platforms All information these cookies collect is aggregated and therefore anonymous. This cookie is defaulted to ‘Active’, which means we will be able to track, on any anonymous basis, how many visitors we have to our site, and monitor its performance. If you wish to turn them off you can do so by unticking ‘Active’ and clicking ‘Save and Accept Cookies’. For more information on how these cookies work, including a link through to the Google Privacy Policy which sets out further information about data which Google may collect in the course of providing us with Analytics.

Cookies used

  • _ga

Targeting Cookies

We use necessary cookies to make our site work. We also use analytics cookies which collect information about how visitors use our website and help us to improve it; these are defaulted to ‘Active’, if you wish to turn them off you can do so through the Cookie Settings. Please be aware that by blocking some types of cookies it may impact your experience of the site and the services we are able to offer. For more information about any of these cookies and our use of them, or to change your settings at any time, please see Cookie Settings and our Cookies Policy.

Bridgepoint in the News

07 January 2016

French electronic surveillance equipment manufacturer Anaveo acquired by Bridgepoint Development Capital

Anaveo, a French provider of electronic security solutions to small and medium sized businesses, has been acquired by Bridgepoint Development Capital from its majority shareholder (M. Paul Surand) and minority financial investors (CM CIC, Garibaldi Participations and Viveris), for an undisclosed sum. Bpifrance and Paluel Marmont Capital partnered with BDC in the equity financing of the transaction.

Established in 1995 and headquartered in Lyon, Anaveo specialises in security solutions such as video surveillance, security access control and intrusion detection. All solutions are devised and designed by the company's in-house R&D team. Its security systems have been installed at over 8,000 sites throughout France for a predominantly retail client base of mostly independent retailers, as well as larger integrated chains.

Anaveo has sales of over €50m, with a network of 11 agencies and 250 employees across France. In 2011, it opened a subsidiary in China to set up a direct sourcing strategy and establish a commercial presence there.

Paul Surand, founder and majority shareholder of Anaveo, said: "Anaveo has delivered an impressive annual growth rate of 25% over the past 15 years and is now the preferred partner of SMEs for their security solutions. Bridgepoint has a strong strategic understanding of the company and its environment. With them as our new majority shareholder, Anaveo is strongly positioned to take up new, ambitious challenges."

Anaveo chief executive, Gregory Louis, added: "The support offered by our partnership with Bridgepoint will enable us to accelerate Anaveo's development in many new market segments, both organically and through a buy and build strategy."

Olivier Nemsguern, head of Bridgepoint Development Capital France, commented: "Anaveo's differentiated expertise, product reliability and ease of use have enabled it to outperform the market, with double digit organic growth. This sector remains highly fragmented, providing an exciting opportunity for Anaveo to increase market share and extend its reach to the corporate and local authority sectors."

Video surveillance is a niche and growing market within the resilient French electronic security sector. Anaveo stands to benefit from the growing penetration of video surveillance solutions in the retail space, thanks to technological developments such as the progressive shift within its target installed base from analogue to IP systems. With Anaveo's recent product launches comes the potential to sell into the larger, adjacent €2bn access control market.

Debt financing for the transaction was provided by Permira Debt Advisers.

Advisers involved in the transaction included:

- for Bridgepoint: Mayer Brown (legal), Rothschild (debt advisory), Deloitte (financial due diligence), LEK (strategic due diligence), Taj (legal, tax, social due diligence)

- for Anaveo: Aelios Finance (M&A), Barbe & Associés (legal)

Close

Contact us

If you are interested in working for Bridgepoint, please complete the form below.

Close

Investor reports registration

To access investor reports through the web based reporting facility, please fill in the form to register for an account.

The information submitted on this form will be used for the sole purpose of registering you as an account user and will not be shared with third parties.

Close

Request a copy of The Point

Mandatory fields are marked as (required*)